Only 78 more homes went pending than in March and 146 more than April. I don’t expect a large jump for the rest of this Summer but Fall might be interesting.
If they don’t extend the $8000 tax credit, there could easily be a rush this Fall to get the credit before the dealine. The tax credit is still an abstract idea to a lot of people which is why most people contribute to their IRA in December. So let’s hope for an irregular Fall rush.
Portland Pending Activity For June 2009
