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Archived Results for May 14th, 2010

(Total Found: 1)

May 2010: Tax credit expiration removes crutch

Though the month of March saw a 27-percent increase in new home sales, I'm unconvinced we're close to real recovery. More likely, this rise in sales was the short-lived result of temporary circumstances: the beginning of spring, the April 5 increase of the FHA's upfront premium and the last weeks of the Extended Homebuyer Tax Credit.
May 14th, 2010
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