Resale home sales are down 8% which is the lowest pace on record according to the state of the real estate market report released Wednesday. Sales of homes slowed to 5.04 million in Spetember compared to 5.48% in August.
Here in Clearwater it is very apparent of a market slow down. Homes are going up for sale on almost every street, and expired listings are thru the roof. I can't imagine a fast turn around, there is just to much inventory on the market.
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