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July 30, 2014, 4:16 pm
970 WMAY News

Area Home Sales On Pace For Best Year in 5 Years


Springfield-area home sales are on pace for their best year since 2007.

 

The Capital Area Association of Realtors says sales this year are tracking close to 2009… a year in which the group says the numbers were artificially inflated by a government incentive program for first-time homebuyers.

 

And the totals could wind up being the best since before the economic meltdown, despite a recent uptick in mortgage rates.

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