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Concerns about the expiration of the tax credit are not echoed by current shoppers. Nearly three-quarters of consumers believe the expiration of the tax credits will have a negative impact on the housing market…
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Concerns about the expiration of the tax credit are not echoedby current shoppers • Nearly three-quarters of consumers believe the expiration of the tax credits will have a negative impact on the housing market… • But just 8% of consumers indicate that the expiration will make them muchless interested in purchasing a home. Nearly two-thirds say it will have littleto no effect. What the General Public Thinks What Current Home Shoppers Say Do you think the expiration of the tax creditwill have a….? Will the expiration of the tax credit make you….? Strong negative impact onthe housing market Much less interested in purchasing a home Somewhat less interested Moderately negative impact Little to no effect Little to no impact Source: 2010 Prudential Real Estate Outlook Survey