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	<title>Garrison Insider - Real Estate Blog &#187; chicago real estate marketing</title>
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		<title>Homebuyer Tax Credit A Success. Now What?</title>
		<link>http://garrisonpartners.com/garrisoninsider/real-estate-consulting/homebuyer-tax-credit-a-success-now-what/</link>
		<comments>http://garrisonpartners.com/garrisoninsider/real-estate-consulting/homebuyer-tax-credit-a-success-now-what/#comments</comments>
		<pubDate>Fri, 23 Apr 2010 14:04:02 +0000</pubDate>
		<dc:creator>Garrison</dc:creator>
				<category><![CDATA[Real Estate Consulting]]></category>
		<category><![CDATA[Real Estate Marketing]]></category>
		<category><![CDATA[chicago real estate marketing]]></category>
		<category><![CDATA[garrison partners]]></category>
		<category><![CDATA[homebuyer tax credit]]></category>
		<category><![CDATA[real estate consulting]]></category>

		<guid isPermaLink="false">http://garrisonpartners.com/garrisoninsider/?p=329</guid>
		<description><![CDATA[We&#8217;re following up from our post on March 11, where we said the time leading up to April 30th would be very telling. But it&#8217;s only telling to a point. The big question is: what happens next?
The hope was there would be a surge, and there was. Home sales were up 6.8%, thanks to the [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a href="http://garrisonpartners.com/garrisoninsider/wp-content/uploads/2010/04/ball.jpg"><img class="alignleft size-thumbnail wp-image-330" title="ball" src="http://garrisonpartners.com/garrisoninsider/wp-content/uploads/2010/04/ball-150x150.jpg" alt="" width="150" height="150" /></a>We&#8217;re following up from our <a href="http://garrisonpartners.com/garrisoninsider/real-estate-consulting/the-homebuyers-tax-credit-is-ending-again/">post on March 11</a></strong>, where we said the time leading up to April 30th would be very telling. But it&#8217;s only telling to a point. The big question is: what happens next?</p>
<p><strong>The hope was there would be a surge,</strong> and there was. Home sales were up 6.8%, thanks to the looming tax credit expiration. It didn&#8217;t hurt that we also had unseasonably warm weather and slumping home prices.</p>
<p><strong>Bottom line: people are buying homes.</strong> That&#8217;s a good thing – the housing market is finally stabilizing! Or is it?</p>
<p><strong>The real test will be what happens</strong> later this year, when the closings associated with the tax credit start to wane. (People who have written agreements by April 30 can still close as late as June 30.)</p>
<p><strong>Time to take off the training wheels</strong> and see how our post-apocalyptic real estate industry can ride on its own.</p>
<p><strong>Will it be wobbly?</strong> Yes. Will it be interesting? You bet. We&#8217;ll be keeping you posted, right here. And if you need a real estate consultant or marketer during these interesting times, <a href="http://garrisonpartners.com">you know where to find us</a>.</p>
<p><strong>We&#8217;re free to listen</strong> and bounce ideas around any time. Tell us your story. You&#8217;re not alone. We can help. This year, the spoils go to the victor. We want that victor to be YOU.</p>
<p><em>Garrison Insider</em></p>
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