From the Wall Street Journal:
Demand for previously owned homes surged in September as buyers grabbed lower prices and a tax credit about to vanish. Home resales increased by 9.4% to a 5.57 million annual rate from 5.09 million in August, the National Association of Realtors said Friday. August sales fell 2.9%; the NAR originally reported August sales fell 2.7%, to 5.10 million.
Demand for previously owned homes surged in September as buyers grabbed lower prices and a tax credit about to vanish.
Home resales increased by 9.4% to a 5.57 million annual rate from 5.09 million in August, the National Association of Realtors said Friday.
August sales fell 2.9%; the NAR originally reported August sales fell 2.7%, to 5.10 million.
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The Brian Petrelli team focuses on residential real estate in the Metro Denver area.
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