Sentences with phrase «home buyers tax credit spurs»
Realtors express their views on the direction of home prices in 2010; First time home buyers tax credit spurs sales; 56 % of Realtors disapprove of Obama's performance as President Emeryville, CA - December 10, 2009 - HomeGain, the first website to provide free instant home values, today announced the results of its fourth quarter Home Prices Survey of Realtors ® based on the responses of 928 U.S. real estate agents and brokers across the United States.
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Despite a recent increase in home sales, spurred on mainly by the first - time home buyer tax credit, U.S. home prices fell 3.2 percent in the first quarter of 2010 from the fourth quarter of 2009.
This was partly attributed to the U.S. government's cash infusion issued to first - time home buyers in the form of a tax credit, spurring more buyers into the market and pushing up demand.