0 minute readThe April 30 deadline for homebuyer tax credits of up to $8,000 pulled many sales forward, likely draining activity from the usually heated spring and summer months. Economists say it will take several more months before its clear whether the market can stand on its own or retreats anew after the credit’s demise. New and existing home sales likely were robust in April as buyers raced to beat the deadline for the credit. This would follow a five-month high in pending sales of previously owned homes in March.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
