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west linn: Can Portland Market Survive the End of the First Time Buyer Tax Credit?
- 05/04/10 02:52 AM
By just about any statistical measure, real estate sales in the Portland real estate market are way up. Here are the numbers… 1,799 homes sold in Portland during the month of March, a 52% increase from March of 2009. Pending sales are up 46%, and new listings are up 35%. The numbers are eye popping. But is this surge a result of an improving economy. or was it just buyers scrambling to get it under the April 30 expiration of the $8,000 home buyer tax credit put in place last fall? To qualify for the tax credit, buyers had to be
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