Home Sales in December 2009
More Repeat Buyers and Median Sales Price Rise
See the NAR January 25, 2010 Article
Median home prices (+1.5%) and sales (+15%) increased over December 2008. The percentage of repeat buyers increased (+5%). That all by itself that sounds like pretty good news.
Looking at percentages repeat buyers taking a bigger share of the pie would naturally take away from the percentage of first timers. So the percentage of first time buyers decreased from November 2009. It is also likely that many first timer buyers took care of business before the first deadline.
Overall, the credits gave our industry a boost not enjoyed by many other industries, lets take the ball and run with it and be the engine that keeps the country moving forward.
Looking at percentages repeat buyers taking a bigger share of the pie would naturally take away from the percentage of first timers. So the percentage of first time buyers decreased from November 2009. It is also likely that many first timer buyers took care of business before the first deadline.
Overall, the credits gave our industry a boost not enjoyed by many other industries, lets take the ball and run with it and be the engine that keeps the country moving forward.
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