Thursday, April 22, 2010
According to a survey of more than 1,500 real estate practitioners by Campbell/Inside Mortgage Finance, nearly half the homes sold in March were purchased by first-time buyers. This would come up to 48.2 percent.
Thomas Popik, research director for Campbell Surveys, said in a statement that many observers had felt that the pool of first time home buyers had been depleted last fall. "Instead, the normal spring-summer buying season is combining with the tax credit to produce blow-out results for first-time home buyers", he added.
Thomas Popik, research director for Campbell Surveys, said in a statement that many observers had felt that the pool of first time home buyers had been depleted last fall. "Instead, the normal spring-summer buying season is combining with the tax credit to produce blow-out results for first-time home buyers", he added.



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