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Scary NAR Oct Home Sale Data | Home Sales and Values Drop | Realtor Coaching and Training

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Education & Training with Tim & Julie Harris® Real Estate Coaching

We have been saying this for nearly a year......Realtors are the ONLY TRUE hope for Homeowners. We have to accept this responsibility, learn the skills that this market demands...and take action. Our communities need us now more than ever..

Here is the grim housing data...

It shouldn’t come as a surprise for anyone that the October home sales were lower…given the constant barrage of negative news…

The National Association of Realtors said Monday that sales of existing homes fell 3.1 percent to a seasonally adjusted annual rate of 4.98 million units in October, from a downwardly revised pace of 5.14 million in September. READ THE FULL STORY HERE.

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Comments(3)

Jubal Bynoe
Core Mortgage LLC - Scottsdale, AZ

This is data is important, but it would be nice to see how many home sales there where too.

Nov 24, 2008 04:42 AM
Mick Michaud
Distinctly Texas Lifestyle Properties, LLC Office:682/498-3107 - Granbury, TX
Your Texas Lifestyle is Here!

This is a traditionally slower time anyway.  Only 3% is not too bad.  Until the underlying economic issues are sorted out, this is to be expected. 

Nov 24, 2008 05:09 AM
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota/Wisconsin Real Estate Expert

I agree. This fine.  All is good!  keep the faith.

Nov 24, 2008 06:13 AM