I think that the second rebate that expired in Nov 09 was extremely helpful, but very slow in getting out to the public, hence the second rebate.
It got people moving again and I still have a number of buyers who believe it is more important to find the right home for them than to receive the tax credit, although a welcome bonus.
It was also a hinderance and kept people from moving because there was a lot of talk that the government was just going to keep extended and perhaps even up the ante.
I feel that we are in a bit more stable atmosphere now and although we have many distressed properties still on the market and more coming, I believe that the people who did take the chance and move forward, made purchases and therefore contributed to the upswing, should applauded.
If you think about the number of people that are employed as a direct result of just one home sale, I believe you'll agree that it has been a badly needed boost.
Just my opinion.