Post tax credit: buyer’s market continues

University of Illinois Economist Geoff Hewings

University of Illinois Economist Geoff Hewings

The homebuyer tax credit helped drive an increase in home sales this spring, but the question on many people’s minds is what happens now that the incentive is gone. In a recent interview with Illinois REALTOR® Magazine, University of Illinois economist Geoffrey Hewings said home sales might be a bit more muted in the coming months without the tax credit, but there are still many motivated buyers out there ready to enter the market.

Hear more in this audio podcast.

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