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04/11/10
Pending home sales up 8.2%
Filed under: General, Real Estate
Posted by: Lillian Wong @ 4:30 pm

WASHINGTON - The housing market is coming back from the winter doldrums.

The number of buyers who agreed to purchase previously occupied homes rose sharply in February, far exceeding expectations, a report said Monday.

That’s a sign that a second round of government incentives is pushing buyers to make offers before a deadline at the end of this month. Buyers may also be motivated by worries that mortgage rates will climb later this year.  more…



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