First-time buyers lift home sales
Today’s real estate market certainly differs from the not-so-long-ago boom years. Sales volume is still down, for the most part, as are prices.
But the basics of buying and selling houses haven’t really changed much. Properties at the lower end of any market move faster, so if you have a house to sell below $350,000 or are looking to buy one, go ahead.
A lot of first-time buyers are in the market. One reason is that they don’t have to sell a house to buy one. Another is the $8,000 tax credit for qualified first-timers, now due to expire Nov. 30.
Full story is available on philly.com
