Nearly half the homes sold in March – 48.2 percent – were purchased by first-time buyers, according to a survey of more than 1,500 real estate practitioners by Campbell/Inside Mortgage Finance.
"Many observers had felt that the pool of first time home buyers had been depleted last fall," Thomas Popik, research director for Campbell Surveys, said in a statement. "Instead, the normal spring-summer buying season is combining with the tax credit to produce blow-out results for first-time home buyers."
Source: Reuters news (04/19/2010)
Welcome to the DovCar Real Estate & Investments Blogspot! We would like to become your source for Metro Atlanta real estate; and use this Blog as an opportunity to pass along current information concerning the metro Atlanta real estate and foreclosure market. We also welcome your comments, questions and experiences as either sellers, buyers or real estate investors.
Wednesday, April 21, 2010
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- PropBob
- Metro Atlanta, Georgia, United States
- Realtor and Real Estate Investor - Revitalizing metro Atlanta, One Property at a Time. www.dovcar.com
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