Housing Market and Economy Seems to be Stabilizing

Real Estate Agent with Realty World Viking Realty


Money 1

In the last year with the help of the tax credit, there has been a rise in first time home buyers. The National Association of Realtors says the percentage of first time buyer is up to 47% in 2009 compared to 41% in 2008 and 36% in 2006.

The unemployment rate is close to peaking and is projected to ease to 9.5% by the end of next year.

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