Fueled by federal tax credits and low interest rates, Bay Area sales took off in some of the region’s costlier neighborhoods last month, helping push the median home price there above $400,000 for the first time since the US was gripped by the financial crisis 21 months ago. First-time buyers found fewer foreclosed homes for sale in the region last month, the San Diego real estate research firm MDA DataQuick said Thursday.
Bay Area home sales and prices surge with tax credit rush
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