To: jmaroneps37
Let’s see what happens to housing sales after the tax credit expires on Friday.
2 posted on
04/27/2010 7:14:06 AM PDT by
Jedidah
(Character, courage, common sense are more important than issues.)
To: Jedidah
I moved from a house to an apartment years ago.
Last year, this $8K credit, and the low price of a nice house, convinced me to jump.
NOW?
The IRS wants to fight with me over the credit!
I will win, eventually, but-— what a pain!
5 posted on
04/27/2010 7:19:20 AM PDT by
Kansas58
To: Jedidah
6 posted on
04/27/2010 7:20:27 AM PDT by
brothers4thID
(http://scarlettsays.blogspot.com/)
To: Jedidah
Lets see what happens to housing sales after the tax credit expires on Friday My prediction is that May and June will be disasters. Anybody who was going to buy a house under $400,000 in the next 6 months has got a contract on a house by now.
The banks have a massive shadow inventory of homes on which the mortgage is delinquent. They are holding off on the foreclosures because they do not want to crater the market and because they do not have the staff to handle the volume.
11 posted on
04/27/2010 7:29:47 AM PDT by
Timocrat
To: Jedidah
Lets see what happens to housing sales after the tax credit expires on Friday. I predict that the May data on home sales will show an 'unexpected' decline.
17 posted on
04/27/2010 10:27:55 AM PDT by
sportutegrl
(I don't know where I'ma gonna go when the volcano blow.)
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