The Bellingham Herald / News Update / Home sales rise as housing market tries a comeback

Home sales rise as housing market tries a comeback

By ALAN ZIBEL and ALEX VEIGAAP Real Estate Writers

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WASHINGTON New home sales rose last month at the fastest clip in more than eight years as buyers eagerly took advantage of bargain prices – a clear sign, economists said, that the real estate market may finally be bouncing back.

Historically low interest rates and a federal tax credit for first-time homeowners also helped push home sales to their highest level since November, the Commerce Department reported Monday…

The Bellingham Herald / News Update / Home sales rise as housing market tries a comeback

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