Another Big Gain in Existing-Home Sales as Buyers Respond to Tax Credit

Real Estate Agent with Keller Williams Town & Country Realty

Check out this great article from which states that Existing-home sales rose again in November as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit, according to the National Association of Realtors®. If you ask me this is great news!

This article also states that Existing home sales- including single-family, townhomes, condominiums and co-ops - rose 7.4 percent to a seasonally adjusted annual rate1 of 6.54 million units in November from 6.09 million in October, and are 44.1 percent higher than the 4.54 million-unit pace in November 2008. Current sales remain at the highest level since February 2007 when they hit 6.55 million. Awesome News and now is definitely the time to buy!!

To read this full article and read all about the increase in home sales for last year you can visit the link below


Julie Cox-Money


Buyer Specialist

The Rivers Team

Comments (2)

MaryBeth Mills Muldowney
TradeWinds Realty Group LLC - Braintree, MA
Massachusetts Broker Owner

In Massachusetts we too saw a good increase in sales in November, was it the tax credit, seems like it must have had a positive impact!

Happy New Year!

MaryBeth Mills Muldowney, TradeWinds Realty Group llc  Massachusetts

Jan 04, 2010 03:21 PM
Don Wixom
RE/MAX Executives Nampa, ID - Nampa, ID
"Looking out for your next move..."tm

That's great stuff Julie! We are hoping for another big push for the April deadline!

Jan 04, 2010 03:22 PM