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Momentum After The Tax Credit Expires? Seriously? Suffering From Lookie-Lou-Itis?
Momentum After the Tax Credit Expires? Seriously? Suffering from Lookie-Lou-Itis? 
From the wonderful C. Tann Starr. A Realtors' perspective.  This is a reblog of a very well written post that "tells it like it is" and buyers, sellers and Realtors might enjoy reading. 
Via C Tann-Starr (TannStarr.com TannStarr.net REMAX People Realty):


Momentum After The Tax Credit Expires? Seriously? Suffering From Lookie-Lou-Itis?
This is why I don't do a lot of interviews. I am not into stupid questions. Markets are local. The only thing that can move a market is the buyer's ability to complete the transaction and the seller's willingness to enter into a contract to sell.
"If housing is unable to gain recovery momentum before the tax credit expires, where will demand come from afterward?" is a question being bandied about the net as if that piddling $8K really matters if a person is trying to secure the roof over their head.
We all know the market tanked. We all know it is struggling to stabilize. Every dime counts and we want all the credits and deductions we can get.
We all know the prognostications are coming from the same people who during their majority rule professional assessment claimed ... more

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