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WAUKESHA - Home sales in September were roughly
even compared with those of a year ago, but a local Realtor said the
numbers are likely an anomaly rather than a sign of the market’s
recovery.
Sales
of existing homes were down just 0.6 percent in Waukesha County last
month, and were up 3.1 percent throughout the Milwaukee area,
according to data released Friday by Multiple Listing Service Inc.
That’s
a positive development, considering Waukesha County home sales have
fallen 20.3 percent so far in 2008.
Kevin
Woldt, the owner of Select Realty in Pewaukee, said the September
performance was largely the result of several Federal Housing
Administration loan programs that expired at the end of the month.
Many home buyers snatched up the FHA-insured mortgages before they
expired, he said.
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