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Saturday, November 21st, 2009

Posts Tagged ‘ First Timers ’

Home Sales Will Struggle to Rebound Without Tax Credit Extension

Aug 24th, 2009 | By Bob Blandeburgo | Category: Real Estate Investments

A rise in existing home sales last month shows things are getting better in the U.S. housing market, but the still-dire unemployment situation and the looming possibility of a jobless recovery may halt the rally by the end of the year. That makes the extension of an $8,000 tax credit for first-time homebuyers imperative.

Tags: Affordability, Association Of Realtors, Bob Blandeburgo, Chief Economist, CTX, Current Sales, Economist Lawrence, Existing Home Sales, First Time Buyers, First Timers, Housing Market, Inventories, Jobless Claims, Jobless Recovery, Murky Depths, National Association Of Realtors, Obama, PHM, Sales Numbers, Sales Pace, Scotia Capital Inc., Stimulus, tax credit, Time Homebuyers, Toes, US housing crisis, US Housing Market, US unemployment crisis
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