Pending Home Sales rise 5.3%, but remain 12.3% lower than a year ago. "With a tax credit now...

|By:, SA News Editor
Pending Home Sales rise 5.3%, but remain 12.3% lower than a year ago. "With a tax credit now available to first-time home buyers, increases in home sales could be sustained with the momentum carrying into 2009," NAR's Lawrence Yun says.