It's like kicking a dead horse.
Home sales have dipped quite a bit in the last couple of months since the end of the tax credit. Everyone knew it was going to happen since we were encouraging everyone to buy sooner in order the get the credit. I still read an occasional article that talks about how the another stimulus for the housing market is still being kicked around in Congress. A recent article from REALTOR magazine says that housing experts feel that even suggesting this can have a negative effect on the market.
I wish our political representatives would stop trying to stimulate the economy. I can't pay any more taxes.
You can read the article here: Housing Experts Say Tax Credit Had to End.
As a buyer, you can still get a great home at a bargain price with low interest rates. We don't need to stimulate the housing market when the job market is in worse condition.