Homebuyer tax credit boosted sales-realtor group
WASHINGTON |
WASHINGTON Nov 13 (Reuters) - The percentage of homes bought in the United States by first-time buyer will rise significantly this year, helped by a popular $8,000 tax credit, the National Association of Realtors predicted on Friday.
About 47 percent of all sales will be first-time homebuyers this year, up from 41 percent in 2008, the group said, adding that it expects somewhere between 2.3 million and 2.4 million first-time homebuyers this year.
(Reporting by Corbett B. Daly, Editing by Jeffrey Benkoe)
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