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    First-time homebuyers seizing opportunity (access required)

    by Rob Larimer

    Published: March 23,2009

    Time posted: 11:14 am

    Tags: first-time homebuyer, Foreclosure, National Association of Realtors

    WASHINGTON (AP) - Sales of previously occupied homes jumped unexpectedly in February by the largest amount in nearly six years as first-time buyers took advantage of deep discounts on foreclosures and other distressed properties. Economists said sales, while still at levels not seen since 1997, may finally be coming back to life after declining sharply ...





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