What's the results of the tax credit with Hanover Park Home Buyers?
I've been waiting to write this update now for quite sometime on Hanover Park Home Sales and to be 
honest, it sure is a let down!
Yep, anti-climactic end to the Home Buyers Tax Credit.
Like a sharp object aimed at a balloon, it's a total fizzle (or as Snoop Dogg would say 'a total furrrschnizzle').
The graph illustrates sales for single family and multi-family Hanover Park Homes from January to June 2010. With all the media hype, I would have expected better numbers. What I see here is the standard increases that we see every year at this time. But, one caveat for Hanover Park Homes is that I believe the tax credit was equally valuable to both single family and multi-family buyers. Here we see a surge for the deadline but again this could also because of the time of year. I really didn't get a feel that the buyers were 'bustin' down the door to take advantage of the credit. Ho-hum.
Foreclosures and 'better priced values' are being scooped up the fastest. Short sales? Well, they fell short for our area. From working with my own buyers, short sales offer too many hassles and not enough price rewards for dealing with the banks.
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I'd like you to contact me by email as soon as you can Lyn!
Lyn Sims and The Blog Dog © 2007 - 2012 
I have heard so much disinformation about this. In our area of the world there was a small drop off after the tax credit but the market acted exactly as it does year in and year out. July is always the biggest month as people find homes to move into for the new school year. We won't know those numbers until mid August. Thanks for your post.