So what does this really mean? Does it mean that homes will continue to sell at the rate that they are? Not necessarily. The First Time Home Buyer Tax Credit encouraged the majority of first time buyers to make their offers and close on their homes prior to June 30, 2010. While there are still first time buyers in the market who missed the tax credit deadline for whatever reason, the increase in home sales seen in 2009 between Q2 and Q3 (once again, bumped by the original tax credit bill) will most likely not be seen this year. (1 comments)
The aim of this blog is to provide you with a pulse on current real estate market conditions in Madison, WI and to provide insight to those of you who are buying or selling your home. We will cover everything from marketing to government lending regulations. Please check back weekly to read new posts and see articles from guest bloggers!