After the $8,000 Tax Credit..

[Greg P.]

Are homes still selling at good paces? I've heard from some top realtors that homes are going to probably drop some more for the next year or so due to the end of the tax credit. They also said it's not a good time to flip homes, but anyone else have some thoughts on this? And any flippers been noticing slow selling of houses since the end of the tax credit? Thanks in advance

[Ted Harris]

That's a pretty broad question ... depends on area, price range and even particular neighborhood .... there are pockets where inventory can't keep up with demand even post tax credit but many places continue to slog through inventory.