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Now that the tax credits are gone, is the housing market going to be able to maintain the pace of the first half of the year?
“The general state of the economy is still very poor and will make people cautious.”
“Absolutely. This rebound has legs and things are moving forward!”
“New home sales are down 33%. There is your answer.”
“One can't prop up an economy by inducing buyers to buy now, after the tax credits expire the sales will fall off dramatically. Time and money would be better spent helping small companies grow or come into existence.”
“Ongoing government expansion deters investment which stifles job growth and prevents housing market from stabilizing or growing.”