Existing-Home Sales Edged Up In November, but Still Weak - 12/31/07 09:33 AM
 
NAR reports that existing home sales edged up in November.   I wonder if this is just seasonal or if we are seeing a bottoming for the real estate market.  My gut tells me that we have flushed a lot of speculative buyers and sellers out of the market and that the people who are buying and selling now are the consumers who are truly in market.  BUT the true test will be next spring to see if there is a further decline in home sales, since November and December are usually slow months.  Year over year, I believe that the 2008 … (0 comments)

Modelry - 12/29/07 08:54 PM
UPDATED: April 18, 2011
I just started my new blog on real estate and Internet business models.  Check it out at http://nparekh.wordpress.com  It's based on my five years of experience at HouseValues, managing our mortgage businesses, and looking at nearly every business in the online local marketing business place.  
As of April 2011, I will be blogging primarily on ActiveRain.
I would love to hear your comments.  Thanks!
… (2 comments)

 
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Nikesh Parekh

Nikesh Parekh (CEO of ActiveRain)

Bellevue, WA

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