What a Difference a Tax Credit Makes!
There has been quite a bit of activity here in Prairie Oaks the past couple of weeks. Four homes went pending. Probably in anticipation of the expiration of the Federal First Time Buyer’s Tax Credit. The question is, will we see the market slow now that the tax credit is gone? While there is a California Tax Credit(starting May 1), it is expected to run out of money in a couple of weeks.
Traditionally the spring and into the summer are the busiest months for home buying/selling. I will let you know if Prairie Oaks real estate continues to be active or if we slow down.
And just a reminder, the fourth annual garage sale is coming up May 22. Register now if you plan to participate.