The Real Estate and Dinner Blog
Wednesday, March 3, 2010
- The governments Tax Credit Boosts local Central Valley real estate market
- The rest of country may not be realizing great benefits from the tax credits, but the Central Valley of California may be a winner, especially Tracy, California. According to the following trend lines from Metrolist show strong numbers as we get to the end of the tax credit period.
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Prices have stabilized and are continuing to gain confidence with home buyers and investors.
The bright spot in the San Joaquin County market is Tracy, where the trend is very stable and seasonally adjusted sales numbers and prices seem to be continuing to strengthen.
Here is how the home buyer tax credit is helping our national economy. Have a look: http://realtytimes.com/rtpages/20100128_taxcred.htm