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Home / Construction / Tax credit gives home sales best boost in decade (4:53 p.m. 11/23/09)

Tax credit gives home sales best boost in decade (4:53 p.m. 11/23/09)

By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — First-time buyers taking advantage of a special tax credit gave sales of existing homes their biggest surge in a decade, raising hopes for a turnaround in the housing market and pleasing Wall Street. While rising foreclosures and disappearing jobs still threaten the comeback, there are now bidding wars ...

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