In the last year with the help of the tax credit, there has been a rise in first time home buyers. The National Association of Realtors says the percentage of first time buyer is up to 47% in 2009 compared to 41% in 2008 and 36% in 2006.
The unemployment rate is close to peaking and is projected to ease to 9.5% by the end of next year.
Read more: http://rismedia.com/2009-11-17/housing-a…
