In this video, Robert Brown talks about how the expiration of the homebuying tax credits has clearly made an impact for Cache Valley Real Estate. There was a huge rush of buyer activity during the last two weeks of the month, as 95 homes went under contract. That’s a normal amount of properties going under contract for the entire month of April in Cache County. In total there are more than 200 homes currently under contract. The amount of inventory has also drastically reduced as there were more than 820 listings on Monday, and now there are less than 800.
The home buying tax credit clearly did stimulate or atleast move up home buying activity for Cache County Real Estate.
