Word on the street is that May 28th the final day that buyers can take advantage of the home buyers tax credit is shaping up to be the biggest day of the year for Home Sales for 2010.
With talk of rates rising later this year, and the end of the tax credit looming, the economic rebound could slowly grind to a halt.
The other interesting item I heard today regarding the tax credit is, that Home Sellers have stopped negotiating with, with potential 1st time buyers. Knowing that 1st time buyers are in a tizzy trying to put together lst minute deals.
Keep you posted
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