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Delta-Wye
Sep 29, 2005

stash posted:

I am also curious to hear the thoughts of experienced people regarding the $8000 tax credit. Everyone seems to think that sellers/owners are marking up the price of every home by $8000 to account for this credit. Is this really true? Is there any solid home pricing data to back this up? Based on casual observation, I did not notice an $8k spike in home prices here at the beginning of the year. Does anyone have any hard data or personal experience to speak to this point?

thanks again for doing this, OP - sorry about the wall of text.

With the way the housing market has been going, it isn't necessary for the prices to go up to be inflated. If they aren't dropping as fast as they would otherwise be doing, that is effectively the same as the price increasing.

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