Did the $8,000 Tax Credit Work?
I've been reading articles and speaking with Realtors all over the country lately and it seems as though the general attitude is better than it was at the beginning of the year. Houses seem to be selling, but at slightly less than they should be. There is still an imbalance between available homes and the amount being sold. The $8,000 Tax Credit has been influential, but has not really been an overall determining factor for buyers.
At least from the people I work with and are connected to, the market is not great, but looks to be moving in the right direction. The Real Estate Market in Evans Georgia has been steady. Our economy is about as stable as you can get. We have Fort Gordon here, as well as numerous hospitals, the Medical College of Georgia, Augusta State University, SRS and Plant Vogel nearby. All are stable and steady employers. That is a huge help.
Personally, I think that if we are able to have the Tax Credit extended, it should be allowed to be used as a down payment for the purchase of the home. Thereby allowing those who are on the edge of buying a home, but just short of the necessary down payment to be ale to achieve their goal. That in itself would be a huge advantage to the overall market.
If you have some time, I would love to hear what you think of the current market conditions in your area and where you see it going in the next 6 to 9 months.
Mark Chesnick-Realtor
Blanchard and Calhoun Real Estate Co.
1202 Town Park Ln
Evans, Georgia 30809
mchesnick@blanchardandcalhoun.com
www.augustaonmymind.com
706-495-1533 Cell
706-868-1000 ext 293 Office