http://www.realestateindustrywatch.com/tax-credit-coming-to-an-end/ Real Estate News - Free and Up to the Minute Wed, 08 Feb 2012 11:33:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.realestateindustrywatch.com/tax-credit-coming-to-an-end/#comment-592 Grant Hammond Wed, 17 Mar 2010 02:18:54 +0000 http://www.realestateindustrywatch.com/?p=2667#comment-592 There is certainly going to be a hangover after this tax credit ends in April/June. Expecting to see a VERY slow fall. There is certainly going to be a hangover after this tax credit ends in April/June. Expecting to see a VERY slow fall.

]]> http://www.realestateindustrywatch.com/tax-credit-coming-to-an-end/#comment-591 Robert Worthington Sun, 07 Mar 2010 03:49:33 +0000 http://www.realestateindustrywatch.com/?p=2667#comment-591 The tax credit needs to end immediately. Why should everyone who pays income taxes be subsidized down payments for first time home buyers. To extend the tax credit is completed redistribution of wealth. Call me an evil capitalist, I shouldn't have to pay for someone's down payment because they couldn't manage their money properly. The tax credit needs to end immediately. Why should everyone who pays income taxes be subsidized down payments for first time home buyers. To extend the tax credit is completed redistribution of wealth. Call me an evil capitalist, I shouldn’t have to pay for someone’s down payment because they couldn’t manage their money properly.

]]> http://www.realestateindustrywatch.com/tax-credit-coming-to-an-end/#comment-590 Ashlee Mon, 15 Feb 2010 02:53:47 +0000 http://www.realestateindustrywatch.com/?p=2667#comment-590 I have a feeling the tax credit will be extended again. It has def. helped get the market back on the turnaround but I still think there is lots of inventory out there. If all the foreclosures are released like they say are giong to be, that is just going to add even more to the inventory that we are trying to get rid of. I have a feeling the tax credit will be extended again. It has def. helped get the market back on the turnaround but I still think there is lots of inventory out there. If all the foreclosures are released like they say are giong to be, that is just going to add even more to the inventory that we are trying to get rid of.

]]> http://www.realestateindustrywatch.com/tax-credit-coming-to-an-end/#comment-589 Mike Brown Tue, 09 Feb 2010 15:01:40 +0000 http://www.realestateindustrywatch.com/?p=2667#comment-589 All real estate is local. Locally I've got enough supply to last for two years and sellers will not be getting top dollar till the number of foreclosures and short sales are significantly reduced. How can you ask top dollar for a home in a neighborhood of 120 homes where 40 of them are for sale? Improvement will not happen till the unemployment rate goes down. I think this is a great time to get into the RENTAL business. Where are all the foreclosed with lousy credit going to live? They won't be able to buy another home for a few years and in the meantime they will be looking to rent. All real estate is local. Locally I’ve got enough supply to last for two years and sellers will not be getting top dollar till the number of foreclosures and short sales are significantly reduced. How can you ask top dollar for a home in a neighborhood of 120 homes where 40 of them are for sale? Improvement will not happen till the unemployment rate goes down. I think this is a great time to get into the RENTAL business. Where are all the foreclosed with lousy credit going to live? They won’t be able to buy another home for a few years and in the meantime they will be looking to rent.

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