Home Sales in the West Surge 17 Percent in March
April 23, 2010 by admin
Filed under Positive Real Estate
- Image via Wikipedia
Home sales surged 17 percent in the West last month, as buyers scrambled to take advantage of low mortgage rates and qualify for tax credits that expire at the end of this month. Nationwide, by contrast, sales of previously occupied homes rose almost 20 percent from March of last year, without adjusting for seasonal factors. The median sales price was flat at $170,700. The U.S. housing sector had another modestly positive showing in March as existing home sales, rose 6.8% to a 5.35 million unit annualized rate, boosted by the extended home buyer tax credit, the National Association of Realtors
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