Sales of new and existing homes and condos in October increased d by 7 percent in Ohio over October of 2008, according to the just-released figures.

Analysts generally credit the federal 8000-dollar first-time home buyer tax credit that was set to expire next week for the increase.  Now that credit has been extended, and expanded to include current homeowners who have been in their homes five years and want to buy a new principle residence – those people qualify for a 65 hundred dollar credit.

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