"The upswing in April sales was expected because of the tax credit inducement, and no doubt there will be some temporary fallback" ahead,” says National Association of Realtors Chief Economist Lawrence Yun. He further states that “Not only do consumers have growing confidence in the economy and their own incomes, but home buyers no longer fear further price declines -- and that's a crucial turning point in the cycle.”
2 comments:
Your blog is very informative, I have learned so much from it. It is like daily newspaper :). Added to fav’s.
Deirdre G
Thank you for the kind words. Glad you are enjoying and learning! Happy you are part of my readership, Deirdre!
Regards,
Marilyn
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