U.S. existing-home sales climbed 7.6% during April from the previous month, as buyers took advantage of the Obama administration’s home-buyer tax credit.

March sales were upwardly revised and prices were up 4% from a year ago. But the tax credit ran out at the end of April, leaving behind fear that the housing market will falter without the government support.

http://online.wsj.com/article/SB10001424052748704113504575264272784586514.html?mod=djemalertNEWS

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Malia Zimmerman is the editor and co-founder of Hawaii Reporter. She has worked as a consultant and contributor to several dozen media outlets including ABC 20/20, FOX News, MSNBC, the Wall Street Journal, UPI and the Washington Times. Malia has been listed as one of the nation’s top "Web Proficients, Virtuosi, and Masters" and "Hawaii's new media thought leader" by http://www.thewebstersdictionary.com Reach her at Malia@hawaiireporter.com