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Thursday, November 11, 2010

"Pulled Forward Demand" -- Take II

Best Time to Buy New Windows?

When is the best time to buy new windows in the next 12 months?

Very possibly, this Jan. - Feb.

Isn't that after the 30% tax credit (for energy-efficient home improvements) expires?

Well, yes.

To counteract an anticipated slump in demand after Dec. 31, window contractors are gearing up big sales then (or so, my contact in the industry says).

Realtors experienced much the same phenomenon last Spring, when federal tax incentives to buy a home expired April 30.

In many cases, the subsequent drop in home prices outweighed the tax incentives for buying earlier.

P.S.: any procrastinators still trying to order and install windows before Dec. 31 are too late; the effective deadline for getting an order turned around in time was about a month ago.

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