Lured by increases in prices, as 92101 Urban Living talked about in an earlier blog, Slight increase in Median Home Prices, but also government incentives like interest rates and tax brakes, first time buyers are finally rushing in. Housing sales are increasing in some of the hardest markets. So, why is this happening? In this market, bargain deals attract cash rich people and foreclosures are being dumped. If it is the right deal, why wait? Shoppers are getting interested again now when prices have fallen , improving the balance between buyers and sellers. For information about the full article visit Business Weeks article Housing – Signs of life
