A Little Incentive is Better Than None

Do you really think the Tax Credit was the driving force behind home sales?  I feel it was a nice incentive (a little incentive is better than none) but didn't impact our market very much.  While cash buyers were a substantial part of our market, low interest rates and greathome values played a substancal role in motivating customers; especially the Baby Boomers, from ariybd the country, looking to take advantage of the opportunities to buy a second home in the area they hope to retire to and call Home.  This year several of my closing were done with money from very low interest Equity lines. Most clients were aware of the Tax Credit but (on a rare occasion) a customer found it an added bonus when it was explained to them.  While Tax Incentives are a bonus, home values, low interest rates, and banks willing to lend money have been the backbone of home sales.  Understand, this opinion is based on my experience and may not be the same in other areas or with other agents.