Weekly Poll: How long are you planning to stay in your home?
The weekly poll is thinking about moving again. Go vote and convince it to stay put.
This week’s topic is about your home and how long you plan to stay in it. While the much touted $8,000 first time home buyer tax credit has undoubtedly nudged many first time buyers into the housing market this year, there’s still some concern that many would be “move-up” buyers — those looking to move up into bigger and/or better homes — are simply choosing to stay put during these tough economic times. Some lawmakers have even gone so far as to suggest a $15,000 tax credit for all home buyers in order to try to give these move-up buyers some incentive to go ahead and get packing.
Still, statistics show that Americans are moving less often than they used to, so while that tax credit might help encourage some potential buyers who are on the fence, it’s probably not going to do much for the people who simply aren’t planning on going anywhere any time soon.
So what about you? How long are you planning to stay in your current home? Are you waiting for a brighter economic outlook or are you simply right at home where you currently hang your hat? Cast your vote and let me know.
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photo credit: FABIOLA MEDEIROS- direção de arte
Author: Suzy
Hard working Knoxville real estate agent by day. Intrepid Knoxville real estate blogger by night.
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