Thursday, March 26, 2009

New Home Sales up 4.7%



The Wall Street Journal is reporting that sales of "new homes nationwide rose 4.7% last month" due to falling prices and low mortgage rates are helping to stir buying activity, along with the $8,000 Federal Housing Tax credit.

This may well be the market turning the corner, like we have been talking about and for many of the reasons that we have been hot on here for a while!

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