Seattle Real Estate

Place for real estate news and area events

Home sales up higher then expected April 22, 2010

Filed under: Area info,Economy,Good News — Rolland @ 7:52 pm
Tags: , ,

31F6462B-68ED-424E-8309-B90F33E5ECB5.jpgHome sales rose more than expected in March, reversing three months of declines, as government incentives drew in buyers and kicked off what’s expected to be a strong spring selling season.

Sales of previously occupied homes rose 6.8 percent to a seasonally adjusted annual rate of 5.35 million last month, the highest level since December, the National Association of Realtors said Thursday.

…The government is offering a $8,000 credit for first-time buyers and $6,500 for current homeowners willing to buy and move into another property.

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