Real Estate Blog

The National Association of REALTORS reports that existing home sales rose 9.4 % and is now at the highest level in more than two years.  Here’s the full article.
The reader of The Washington Post have some interesting comments about the numbers and the tax credits that probably drove the numbers up.

The National Association of Realtors® points out that their Pending Home Sales Index has tracked a record seven straight months of increased pending home sales.
Could it be that the $8,000 tax credit for first-time home buyers had an influence?  That program is set to expire at the end of this month, but congress is considering [...]