Are your buyers bummed they missed the tax credit? Tell them they might be better off, especially in the long run!
According to a REALTOR® magazine article, missing the tax credit deadline might have seemed like a big mistake to some home buyers, but waiting could have been the smartest thing to do.

Interest rates have fallen so dramatically since April 30th that the typical purchaser of a $350,000 home, financed with a $280,000 mortgage, would have saved a bundle by waiting until May.

Read the full story at http://www.realtor.org/RMODaily.nsf/pages/News2010052703?OpenDocument.