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Although some suggest that Congress will extend the tax credit, it will be difficult after a recent IRS audit of the program unveiled various fraudulent claims

3 Reasons That Home Sales Growth Is Unsustainable 

A deadly combination of market factors is raising doubt over the sustainability of of the past month's surge in existing-home sales, an unexpected windfall largely driven by attractive lending rates and the federal first-time buyer incentive. Couple the uncertainty of the first time home-buyer credit's future with a sobering job market, and a credit-stingy financial sector reeling from foreclosures...   read more

 

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