|
Posted: 10:46 AM Nov 24, 2009
Midwest Home Sales Post 26% Annual Increase
Home sales in the Midwest surged in October as first-time home buyers sought to beat the initial deadline for a federal tax credit-- and difficult market conditions last year made comparisons favorable.
Reporter: Associated Press |
|
Home sales in the Midwest surged in October as first-time home buyers sought to beat the initial deadline for a federal tax credit-- and difficult market conditions last year made comparisons favorable.
The National Association of Realtors says there were 111,000 resales in the Midwest, up 26 percent from October last year and the best showing in the country.
The median sale price for the region rose 1 percent - also leading the country - to $146,600.
In Iowa, Des Moines posted the biggest sales gain with a jump of over 39 percent from a year ago. But the median price declined about 5 percent year-over-year to $144,000.
| Stories with Most Comments |
| LPD: Man Arrested for Killing Chihuahua 39 Comments |
| Tribe Suing Beer Companies for Alcohol Problems 27 Comments |
| LPD Officer's Death Raises Seatbelt Concern 17 Comments |
| Coach Pelini Not Injured in Lincoln Crash 16 Comments |
| Nebraska Student Vows to Help Make Patriotism 'Cool' 15 Comments |
| Lincoln Southeast Teacher Collapses, Passes Away 14 Comments |


