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Existing-Home Sales Outlook for 2008

By
Real Estate Agent with The Don Edam Group - Owner Options Realty

house_20with_20up_20arrow_small1.jpg 

Existing-home sales are projected to trend up in 2008, with pending home sales showing a slight near-term rise, according to the latest forecast by the National Association of Realtors®.  However, a recovery for new-home sales is unlikely before 2009. Full Story

Comments (4)

eric manthey
Vid2r - Denver, CO
that's great news for everyone.
Dec 21, 2007 04:26 AM
Jesse Turnquist, CMPS
Guardhill Financial Corp - Hudson, NY
Nice graphic!  Where did you get that?
Dec 21, 2007 04:31 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Always looking for the positive!  In a local meeting wtih the CEO of Bank of America last evening, his projection was that we would be out 'of this mess' by mid 2008!  Thanks for positive posting!!

Debe in Charlotte, NC

Dec 21, 2007 04:34 AM
Steve Glose
Keller Williams Legacy - Orlando, FL
TRC, CIPS, 407-616-7286, Orlando Real Estate, Orla
We are expecting our market to hit bottom by mid year and then wait for the slow turn around.
Dec 21, 2007 04:56 AM