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Triangle Business Today

Tax credit blurs real data on home sales

Posted November 4, 2009

Contracts are being written on home sales, but the boost from the first-time buyer tax credit, rather than real recovery, may be behind that trend.

Pending home sales offer positive sign Pending home sales offer positive sign

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About this Blog:

Jeremy Salemson, CEO of Corporate Investors Mortgage Group, blogs about economic trends and data and their impact on Triangle business. Each week, he interviews a Triangle-area business leader for a personal look at the local economy.