Dec 23, 2009

November home sales are up!

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Sales of existing homes grew 7.4% compared to October according to the National Association of Realtors.  With the tax credit no longer expiring in November, 1st time home buyers are taking advantage.  NAR estimated that 51% of sales are from buyers new to the market.  Typically 1st time buyers only account for 40% of sales.  Take a further look into the numbers and the NAR’s predictions by reading the full article on CNNMoney.com.

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