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)
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)
via Ping.fm
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