Pending home sales index rises. Only 66 days left for the $8,000 tax credit!
Author: Jim Murphy
Written On: Mon, 05 Oct 2009
The pending-home index rose 6.4 percent in August. This is the highest level since March of 2007. This information was reported by the National Association of Realtors. The index tracks sales contracts that were signed on existing homes and is designed to forecast actual sales. This figure rose for the past seven consecutive months.This is the first time that this has happened since tracking began in 2001. Buyers are rushing to complete their purchase before the Nov. 30 $8,000 tax credit deadline. If you're thinking of buying a home or condo, now is the time! There are only 66 days left and an extension has not yet been approved by the federal government.
If you need any help of information, Abbott and Caserta Realtors would be very happy to assist you. E-mail us today at:
info@njhouse.com.
Abbott and Caserta Realtors
Sycamore Ave.
Ho Ho Kus, NJ
