"U.S. tax authorities on Thursday said that 1.4 million taxpayers have used an $8,000 homebuyer tax credit so far and reminded homebuyers they need to close on a purchase before the December 1 deadline to qualify."
"Sales of previously-owned homes rose in July for the fourth straight month, hitting an annual rate of 5.24 million units, the highest since August 2007, the National Association of Realtors said last month."
"The group estimates the credit will spur about 350,000 first time purchases that would not have occurred without it this year."
Thursday, September 17, 2009
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