The Washington Examiner looks at the effects of the tax credit as multiple offers increase and new construction inventory declines.
“Multiple offers have been back for months in certain neighborhoods and [for certain] price points when a well-staged and properly priced property comes on the market,” said Tony Hain, a Long & Foster Realtor in Washington. “The dwindling inventory of desirable properties and the deadline to take advantage of the tax credit appears to be increasing the competition.”
Read more at the Washington Examiner.
