Stars Are Aligned for Buyers – and Time Is of the Essence

RISMEDIA, October 28, 2009-Potential home buyers are seeing a fortuitous combination of low mortgage rates, affordable home prices and the first-time home buyer tax credit. And many who thought homeownership wasn’t an option right now appear to be finding ways to make it work. A National Association of Realtors survey shows that first-time home buyer purchases made up 30% of July existing home sales, which were up 7% from June and represented the fourth consecutive monthly increase.
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