Home sales are up around the country, according to the latest survey by the National Association of Realtors®. Sales of existing homes, including single family homes and condos, increased 11.4% in the third quarter. And it could be the extended tax credit had something to do with it.

 The $8000 credit will continue to be in effect until June 2010. Homebuyers must sign contracts before April 30 and close by June 30. And there’s more good news: single buyers can earn up to $125,000 (married couples can earn $225,000) and still qualify.

“Extending and expanding the tax credit to more buyers through the middle of next year is the right medicine,” said Charles McMillan, president of the NAR. “Congress understands the impact of housing on the economy, so consumers who aren’t able to complete a transaction before the end of this month now have a second chance.”

Call Troy Richardson to start looking for your new Bennington, Vermont real estate!

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