Impact of 1st Time Buyer Tax Credit on Sales of Modestly Priced Homes

In 2009, Home sales climbed in the last quarter for homes price in the $0 - $250,000 range in North Fulton and South Forsyth.  This was a very different trend than that seen for the same time period in 2008.  Also, this trend did not hold true for homes priced over $250,000.  

We believe that the 1st Time Buyer Credit was an important reason for this trend.

The 1st Time Buyer Credit was extended until 4/30.2010.  We believe that if you want to get the best price and the fastest sale for your house that is priced in the $250,000 - $300,000 or below range, you should get your house listed NOW to get the benefit of the final rush for 1st time buyers to buy a home.

If you want to see the statistics for yourself, click on the link below: 


1stTimeBuyerImpact.pdf

See also:

SalesbyPriceRange.pdf