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Will Expiration of the Homeowner Tax Credit Slow Real Estate Sales in Las Vegas?

A recent poll by Prudential's national real estate division showed that 65% of those currently shopping for homes believe that the expiration of the tax credit will has little to no impact on their decision to purchase a home.  The online survey of 1,000 Americans between the ages of 24 to 64 was taken before the expiration deadline of April 30.

The reason most stated that they were motivated to buy: the belief that prices were due to rise in the next year.  In fact,  40% of those surveyed believed that prices were due to rise in the next 12 months in each of their markets.  Over the next 5 years, 79% believe that real estate will be increase in price.

Source:  Business Review, Albany

If you are interested in Las Vegas, Henderson, Green Valley, North Las Vegas, Summerlin, Seven Hills, Lake Las Vegas, or Southern Highlands real estate, contact:

Michelle Natale
The Natale Team
Prudential Americana Group

www.natalesellsvegas.com

Michelle Natale leads a top 25 ranked team of agents for Las Vegas based Prudential Americana Group, the largest real estate brokerage in the state of Nevada. Michelle started her career in real estate over 10 years ago, and is ranked in the top 1% nationally in Prudentials national network since 2000. 



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Posted on May 03, 2010 16:24:36 by Michelle Natale

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