condos: First-Time Home Buyers Lead The Herd!!
- 04/16/09 03:18 AM
The Boston globe has a good article out today about how fallen prices combined with low mortgage rates and the $8,000 tax credit are luring more first-time home buyers into the market. The Globe States: Nationally, first-time buyers accounted for about 65 percent of transactions of existing homes for the first quarter of the year - a 41 percent increase from the same period last year, according to HouseHunt Inc., a information firm based in Huntington Beach, Calif. The National Association of Realtors also reports more first-time home buyers."The market heals from the bottom up," said Walter Molony, a spokesman for … (0 comments)
The Boston globe has a good article out today about how fallen prices combined with low mortgage rates and the $8,000 tax credit are luring more first-time home buyers into the market. The Globe States:
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