The real estate
market has some life after all. Existing home sales, a figure that includes single-family homes, townhouses, co-ops and condos
, rose 10 percent in September
as compared to August, according to the National Association of Realtors.
Some cite this as evidence that the housing market is well on its way to recovery, but the actual number of home sales is 19.1 percent below that registered in September 2009. In addition, first-home
buyers accounted for 32 percent of September's sales, just a notch higher than the 31 percent figure for August, suggesting the absence of a "gold rush" among buyers drawn to the market by super-low interest rates and home prices
These AOL Real Estate guides can help, no matter whether you choose to buy or sell:
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Get property tax help from our experts.