Bay State home sales dive 30 percent in July
Aug 20, 2010
The sales bounce from the home-buyer tax credit is over.
After 12 consecutive months of year-over-year increases, Bay State single-family home sales fell dramatically in July, according to the MLS Property Information Network.
Last month, 3,014 single-family homes were sold in Massachusetts, compared to 4,320 for the same month last year – a stunning 30 percent drop – as the $8,000 federal tax credit expired and historically low mortgage interest rates failed to boost sales.
Via: http://www.bostonherald.com/business/real_estate/view/20100814bay_state_home_sales_dive_30_percent_in_july/srvc=home&position=also
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