After April - What do you think?

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Real Estate Services with Homes & Land of Greater San Antonio

I am still "up in the air" about the real estate market after the tax credits expire. There is no doubt that the credit has put "wind in the sails" of most markets. If fact, most recent sales increases could be attributed to this incentive. But how will the market behave once these tax credits expire?

So lets hear what you think about what will happen after the tax credits expire. Will the market feel the effects of its expiration? Will the markets that have experienced home sale growth continue this trend? Could home sales possibly slow to a rate that we have not seen, ever? Any opinions will be great to shed some light on everyones thoughts.

Regardless, and until then, let's take advantage of this opportunity. As they say "Make hay while the sun is shining!" And be ready, because if this Spring will be anything like the last three months with buyers rushing to the closing table to beat the dealine, it could provide for one of the robust markets we have seen in a long time! Enjoy.

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after the tax credits

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Rainer
75,559
Joel Prince
Hixson/Soddy Real Estate Broker
The Principle Group, Inc

Because the tax credit extension ends in the spring, the season alone will be somewhat of a buffer. 

But I think the credit will transfer demand to April from later months.  There will probably be a significant slowdown in May and June.  Perhaps even beyond.

December 24, 2009 01:52 PM
Rainmaker
1,320,269
Rebecca Gaujot, Realtor®
Lewisburg WV Real Estate, Greenbrier County
Coldwell Banker Stuart & Watts Real Estate

Graig, I wish I had a crystal ball.....then I might be able to answer your questions.

December 26, 2009 03:38 PM
Rainmaker
267,701
John Thomas
EcoBroker, MSEE, MBA
E3 Green HOMES

It will be interesting to see what happens. Meanwhile, there is no time to wait. We all need to take care to develop the skills we need to survive and thrive in changing markets.

December 27, 2009 07:39 PM
Rainmaker
940,253
Kathy Clulow
CNE - ASP - SRES .... Uxbridge Ontario Real Estate
RE/MAX All-Stars Realty Inc. Brokerage

Graig - a crystal ballw ould be a great help in answering your question however the market will do what he market will do and we will shift to meet it.

December 27, 2009 10:30 PM
Ambassador
663,500
Ann Allen Hoover
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL
RE/MAX Advantage South

I expect more challenging times ahead.  A large percentage of my recent business is a result of the tax credit......so I'm thinking about what I need to do when it's not available anymore.

December 28, 2009 09:29 AM
Anonymous
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Rainmaker
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Graig Ponthier

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