Homebuyer’s tax credit gone, what now? | Let’s Get Real Estate | June

Dear Jan:

Now that the first-time buyer’s tax credit is gone has the market slowed down? We are thinking of selling our home, but are there buyers out there?


Dear TN:

Good question.

It was predicted that the market would slow down in the second quarter of 2010 when the tax credit ended. However, if the activity that myself and other top agents are seeing is any indicator, I don’t think there is a slow down. We are seeing new homes and land come on the market that are absolutely great buys.

My theory is that inventory is low and interest rates are great … so why not buy now?

My advice, spiffy up your home inside and out, price it right and you will be calling someplace else home in the very near future.


Jan Zufelt is an associate broker with John L. Scott Real Estate.</I.