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How Has the $8,000 Tax Credit Affected YOUR Sales? Take My Survey!

You may've just heard that President Obama signed the extension of the $8,000 tax credit into law. There have been some other meaningful changes, including offering the tax credit to repeat buyers (up to $6,500) who have lived in their home at least 5 years, and an increase to the income limits. Rather than regurgitating the million other blog posts and articles about the extension, here's a link to an article that explains it all.

So here's my question. What is the $8,000 tax credit's true affect on sales? To date, an estimated 2 million people have taken advantage of the tax credit, but how many of these sales would have occurred even if the tax credit wasn't offered? How many of these sales perhaps just occurred sooner rather than later?

In an effort to answer this question (in a very rudimentary, non-scientific way) I've devised a QUICK 5 question survey for all my Real Estate friends out there.

Now, I'm no statistician, so please no comments on how I could've better framed questions. Please just take 2 minutes to answer a few questions on how the tax credit has affected YOUR personal sales. I'll post the results early next week.

Click Here to take survey

Thanks!

Posted Friday Nov 06