Radar Logic CEO Michael Feder talks to Matt Miller and Carol Massar of Bloomberg about the housing market, saying home sales this summer are likely to be the “lowest activity in years” as a result of the homebuyer tax credit pulling so much demand forward in the spring.

The headline this interview generated at Bloomberg appears in the title of this post above. Feder notes that home sales could decline anywhere between 10 percent and 40 percent now that homebuyers are no longer being paid to buy houses.