Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Saturday, April 28, 2012
Tax Credit Impact

I suppose it was helpful from a very short-term perspective --- it gave the market a boost between 2009-Q3 and 2010-Q2.  But those artificially elevated sales levels didn't last -- sales declined to even lower levels after the tax credit than where they had been before it.

Thankfully, the last year has shown steady growth in the number of home sales in Virginia, without the assistance of the tax credit.