Seattle-area home sales rose sharply in March compared with both February and the unusually low level of a year ago, according to a report by DataQuick Information Systems.
The Federal Home Buyer Tax Credit Program Expires Soon
The Worker, Homeownership, and Business Assistance Act of 2009 extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence.
Existing U.S. Home Sales Rise to Highest Level Since 2007 in Recovery Sign
A story published on Bloomberg.com today states that “Sales of existing U.S. homes in November rose to the highest level in almost three years as first-time buyers rushed to take advantage of a government tax credit and lower prices.“