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We all could use a lesson in planning.
So what happens now that the tax credit is gone?  In the Milwaukee area I have not seen a lot of action beyond first time home buying.  The majority of sales seem to be in the under 100K price range, the bargain hunters. What about those who didn't get the accepted offer by April 30th and lost out on the tax credit?  I would venture to guess, many sellers are looking at the same situation from quite a different perspective.  Sellers know, buyers are still searching the waters looking to make a killing in the market.  We are entering into the listing season.  If listings increase enough to replenish inventory sold over the past month, the law of economics tells us we are looking at future price declines.  Now that we are facing the end of the tax crush, we can all take a sigh of relief. Real Estate Agents now know what an accountant feels like in the first two weeks of April.  Looking back I feel this may have all been planned as an inside joke by our elected officials.  They have managed to keep a large number of us busy for a month.  Now can they make plans ... more

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