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My husband and I are considering buying a house in a suburb near Columbus, OH. There is not much time left to claim the $8000 tax credit and the Rural Development loan money is about to run out as well. We have yet to find a house that we want to buy, so it is very likely that we will not be buying a house until after the credit is over. Does anyone have any thoughts or expertise on what will happen to the housing market once the option to claim the tax credit is over? Do you think that housing prices will dip lower than they are already?I'm just wondering if there would be a benefit to waiting until the tax credit has ended. Again I am from the Columbus, Ohio area.Thanks!!!
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