Sunday, July 12, 2009

Tax credit, low rates spur area home sales - al.com

Tax credit, low rates spur area home sales - al.com: "The $8,000 first-time homebuyer tax credit and interest rates in the 5 percent range are spurring buyers in the heat of the summer, said lenders and Realtors.

'I had four sales in one week,' said Barbara Reeves of REMAX By The Bay in Daphne. The prices were from $170,000 to $243,000 on homes in Mobile and on the Eastern Shore, she said."