Two-thirds say we’re in for a dip after housing tax credits expire.


WaPo’s real estate blog ran a poll over the weekend asking readers to predict what will happen to the housing market and housing prices after the housing tax credits expire.

The poll is far from scientific, but it’s definitely revealing of consumer sentiment. Here’s what the survey says as of 5:20 p.m. on Monday, March 1:

What will happen to the housing market when the home buyer tax credits expire?

  • 42%: The housing recession begins its double dip
  • 26%: Home values will fall by about $8500
  • 15%: Not much. It’s the higher-priced market that needs stimulus anyway.
  • 15%: Nada. It’s not enough to really influence such a big purchase.

Figures may not add up to 100% due to rounding.

ubmitted by Ben Martin on March 1, 2010 – 5:24pm VARBuzz.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: