It’s the perfect storm. Interest rates are low. Home prices are low. And the federal tax credit extension, which applies not only to first time buyers but also to current homeowners, is expected to generate more home sales. However, this storm will pass. The tax credit expires April 30, 2010. The Federal Reserve, which has [...]
Filed under: Commentary | Tagged: evanston closed properties, Evanston pending sales, evanston properties under contract, Evanston property transfers, evanston real estate, First Time Homebuyer Tax Credit, tim pareti | Leave a Comment »
The Perfect Storm
It’s the perfect storm. Interest rates are low. Home prices are low. And the federal tax credit extension, which applies not only to first time buyers but also to current homeowners, is expected to generate more home sales. However, this storm will pass. The tax credit expires April 30, 2010. The Federal Reserve, which has [...]
Filed under: Commentary | Tagged: evanston closed properties, Evanston pending sales, evanston properties under contract, Evanston property transfers, evanston real estate, First Time Homebuyer Tax Credit, tim pareti | Leave a Comment »