Even lower mortgage rates

Not to be left out, all buyers have very low mortgage rates available. These rates are near 5% for a 30 year, fixed-rate mortgage.

Tax Credits produced a busy market

With the Federal Stimulus tax credits for first-time buyers and repeat buyers owning a home for 5 years created strong actvity through April 30th (2010). Those buyers must have their property sales closed by July 1, 2010.