Home Sales Rise Unexpectedly but Prices Keep Tumbling

Hurray!!!! this is positive news!

After falling for six straight months, sales of existing homes posted an unexpected increase in February which may have reflected more aggressive price cutting by sellers in some parts of the country, a real estate trade group reported

The steep slump in housing has raised concerns about a possible recession. Democrats are pushing the Bush administration to do more to stem a tidal wave of mortgage foreclosures to keep more unsold homes from being dumped on an already glutted market.

Are things picking up in your business Realtors?

untitled9.jpg picture by artmaniac 

 

2 Comments on Good News! Home Sales Rose, Prices Fell in February

Great news, Steve. Here is the Low Country, things are on the rise as well. I wish you and everyone else all the best, Jim

03/24/2008 11:05 AM by Jim & Maria Hart ~ Charleston, SC Real Estate (Agent Owned Realty)


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Real Estate Agent: Steve  Harless (REALTY WORLD LUXURY HOMES -702.217.1680)
Steve Harless
Las Vegas, NV
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