Fed tax credit helps boost Mahoning County home sales

A federal tax credit has helped boost home sales in Mahoning County to their highest level this year, a real estate official said.

The credit of up to $8,000 expires Dec. 1, but there is discussion in Congress of extending it or expanding it to all home buyers, said Eric Caspary, president of the Youngstown Columbiana Association of Realtors.

Caspary said he wasn’t sure how many of recent home buyers received the credit but indicated it has had a positive impact on sales.

Buyers in Mahoning County closed on 197 homes last month, which was the best month of the year. That was an improvement from the 174 home closings in July.

For the complete story, see Saturday’s Vindicator and Vindy.com