According to the Warren Group it would appear that the first-time buyer tax credit is working here in Massachusetts.
For example, July home sales rose 12 percent, and sales in the lower-end of the market — those that first-time buyers would most likely purchase — were driving that increase.
A total of 1,733 single-family homes priced between $250,000 and $400,000 sold in July 2009, up 13 percent from July 2008, according to The Warren Group.
Meanwhile, homes with price tags of $700,000 and higher fell 5 percent in July compared to a year ago
Do you agree with these assumptions that the tax credit is working here in MA?