Friday, May 7, 2010

After the tax credit

The $8000 and the $6500 tax credit came and went.

During the last weekend of April, in Columbia Board of Realtor MLS, 54 properties went under contract. That is the highest number I have ever seen.

What happens after April 30th, 2010? Well, this week, since Tues. the new pending number went back to about 10 per day.

In a 'normal' year, during May-Aug, daily deals made average 10-25 per day.

It looks like we will get back to our 'normal' market, business as usual.