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Real Estate News Releases
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(EMAILWIRE.COM, December 03, 2009 ) Destin, Florida -- The government tax credit to first time home buyers and expansion of the program will work to help the housing market recover, according to a new Housing Predictor Poll. The survey found that a small majority of those surveyed feel the program will work to aid the housing market to stabilize.
Only 57% of those polled said the tax credit backed by Congress would aid the market in its recovery. Some 43% of those who responded said it would not be of help to the market.
By such a thin margin, the survey may also show that when we ask about political issues people just donÂ’t care that much since many folks are disillusioned with the political process. The online survey was taken over a three week period ending December 1st.
Congress recently approved an extension of the first time home buyers credit and expanded the program to move-up buyers, who have not purchased a home in five years. The National Association of Realtors credits the first time home buyers credit with nearly 2-million home purchases through the end of 2009.
Banks, mortgage companies, retail and real estate firms consult Housing Predictor forecasts. The company was the first real estate research firm to forecast the foreclosure epidemic and the national housing depression. Housing Predictor forecasts more than 250 local real estate markets in all 50 states and offers real estate news and analysis on the housing market at http://www.housingpredictor.com
Housing Predictor
Mike Colpitts
8506221016
yourrealestatepro@hotmail.com 
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