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Consumers Remain Optimistic Despite Expired Tax Credit

For months, analysts and industry experts have debated how the expiration of the tax credit will effect the housing market. But, according to a recent survey conducted by Prudential Real Estate and Relocation Services, consumers are optimistic about real estate. The survey found that 46 percent of potential buyers expected prices to increase over the next year and 20 percent expect significant increases over the next five years. 65 percent of those polled said the end of the tax credit would have little or no effect on their decision to purchase a home. James Mallozzi, Prudential Real Estate’s chairman and chief executive officer, said the survey shows that most consumers believe the market has hit bottom and are optimistic about the future.

For help on your next real estate transaction in the Greater Seattle area, give me a call at (425) 483-1010 or visit http://www.RyanHalset.com

Ryan Halset
Real Estate Broker | Realtor ®
Boardwalk Real Estate, LLC
Phone: (206) 930-7959 | Email: Ryan@BoardwalkSeattle.com

Providing professional real estate services throughout the Greater Seattle area.

North Seattle | Bothell | Lake Forest Park | Edmonds | Mill Creek

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