Comments on: Home Sales Jump, $8000 Tax Credit Gets Credit

By: What does the expiration of the stimulus package mean for home sales

What does the expiration of the stimulus package mean for home sales — Tue, 02 Feb 2010 00:35:52 +0000

[...] many housing experts predict housing sales to increase in 2010, the expiration of the federal tax credit for homebuyers, increasing interest rates and [...]

By: Utah Homes

Utah Homes — Fri, 27 Nov 2009 20:56:17 +0000

Utah experiences ups and downs these days which makes home buyers a little more dubious when it comes to deciding to buy homes or not. Real estate market is truly unpredictable, the best thing to do is just wait and see what will happen next.

By: Indianapolis Real Estate

Indianapolis Real Estate — Thu, 05 Nov 2009 17:17:13 +0000

I know the credit got extended, but I wonder if we are going to see a “hangover” similar to what the auto industry saw. I think we have pulled all the buyers out the wood work and could face a stark winter for home sales.

By: San Diego Homes

San Diego Homes — Thu, 05 Nov 2009 00:21:44 +0000

We haven’t seen a substantial drop in demand for homes in San Diego, even with the imminent expiration of the tax credit. But then again, the Senate approved extending the $8,000 tax credit until April, and the House is likely to follow. Perhaps people now expect the extension.
San Diego Homes´s last blog ..San Diego Realtors At Miramar

By: Lisa Udy@Logan Utah Real Estate

Lisa Udy@Logan Utah Real Estate — Wed, 28 Oct 2009 16:36:38 +0000

I have noticed this week a lot of my internet activity has declined on my websites, which usually is the first sign of a slow down for my market. I think the credit was a huge help in boosting sells, and now that it is about to expire, I can see the sales dipping all over the country.

By: Mack@Las Vegas Real Estate

Mack@Las Vegas Real Estate — Wed, 28 Oct 2009 16:22:42 +0000

This is definitely a welcome sign and yes people should be confident enough to invest in properties. The numbers increase depicts a different story whereas the fall in price level depicts a different story. Just like life this niche also has tons of twists and turns. I wish all of us play safe.
Mack@Las Vegas Real Estate´s last blog ..Commercial Real Estate Bubble

By: Glynn Williams

Glynn Williams — Tue, 27 Oct 2009 21:34:13 +0000

In my humble opinion I dont think that the tax credit is responsible for the recent spurt of market activity. Although it is a great bonus and incentive, restored buyer confidence and an expected increase in market prices is spurring people to buy now.