For 3 months in a row now, home sales have increased.  Low interest rates and the $8000 tax credit for first time homebuyers have certainly helped move things along.  With the December 1, 2009 deadline to close on a property to receive the $8,000 tax credit, quickly approaching, we should continue to postive sales activity through the summer months.

Check out Lawrence Yun, Chief Economist for NAR, and his discussion on the subject here, http://link.brightcove.com/services/player/bcpid1465406675?bctid=24881369001

Questions or comments?  Email Melanie Cameron at melaniecameron@seacoastrealty.com or call 910-233-2840.