The Sellers who took advantage of the tax credit were able to benefit this Spring. Particularly those whose price range was around $150,000 and under. What do I mean by that? Good homes have flown off the shelf at competitive pricing as inventory has dwindled. Buyers have rushed to meet the tax credit deadline. The flip side of the Buyer's tax credit is that it was of benefit to Sellers whether they qualified for the credit themselves or not when they purchased their next home (move up or move down). They have received quicker contracts and higher pricing! Definitely good news!
There are still 18 more days to put a home under contract. The deadline to be under contract is April 30th! If you're on the fence, there is still time to get off!
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