On Tuesday, the National Association of Realtors announced that the number of people preparing to buy a home rose slightly in December of 2009. Many are considering this a positive sign for the upcoming “spring home buying season.”
The National Association of Realtors said Tuesday its seasonally adjusted index of sales agreements rose 1 percent from November to December to a reading of 96.6. That was a bit lower than the 97.1 level analysts expected.
The index has risen for nine out of the past 10 months as buyers work to take advantage of an $8,000 first-time homebuyer tax credit.