According to the National Association of Realtors, existing home sales in the US spiked 10.1% in October, 2009 over September, 2009 sales. The October home sales Homes sales are at their highest levels since February, 2007.
The National Association of Realtors is attributing the large gain in home sales to the First Time Home Buyer Tax Credit which was originally set to expire on November 30. With the tax credit extension and expansion in place, homebuyers have until April 20, 2010 to write a contract on a new home. Historically low mortgage rates are also partly responsible for the gain in home sales across the country.
To look at homes for sale in Conway, Arkansas or in Faulkner County, Conway County or Perry County, contact a Real Estate Agent at Century 21 Dunaway & Hart, Inc today. To look at homes for sale in central Arkansas, check out all the property listings in central Arkansas, watch our television show, or read our Central Arkansas Homes Magazine. You may also call our office at 501-327-2121 or 800-490-0021 to set up a private home or land showing with one of our award winning Real Estate agents today.
Tuesday, November 24, 2009
Home Sales Increase Over 10% in October
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