According to a recent article in Real Economic Times, http://socialfirms.org.uk/FileLibrary/Resources/SASF - business/New_BusPlanGuide~.pdf the federal tax credit is responsible for 400,000 home sales.
The article went on to add that the tax credit persuaded buyers who were going to wait a few years, to buy now instead.
One other point made was the idea that maybe http://lstyle.sk/botulotoxin_odstranovanie_vrasok the tax credit should be extended to all buyers, not just first time home buyers.
While I agree the tax credit has helped tremendously, http://truecom.com/index.php/component/content/37-producten/home/48-contact/oplossingen/wlan/component/content/article/47-over-ons/draadloos/oplossingen/wlan/over-ons/draadloos/home/37-producten/ lower prices and lower interest rates have contributed to increased home sales as well. People who had no chance of ever buying a home, can now afford to buy.
Laurel Md real estate reflects what has happened across most of the country. Laurel Md home sales have increased this year over last year.