Greetings Neighbors,

Although the number of jobs may be down in this economic downfall, surprisingly that has not stopped people from purchasing homes especially first time buyers.

According to the National Association of Realtors, first time home buyers contributed to the increase in existing home sales nation wide. NAR's latest figures suggest that sales activity has reached it's highest point in more than two years. It is suspected that the combination of cheaper homes and first time buyers credit is accountable for the 9.4% increase.

According to recent stats home sales in the south alone increased 9% to an annual level of 2.06 million in the month of September which is 10.8% higher than last year.

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