Existing-home sales Off For October

The National Association of Realtors just released data showing existing-home sales – including single-family, townhomes, condominiums and co-ops – fell 3.1 percent in October. NAR's chief economist, Mr. Lawrence Yun, said: “Many potential home buyers appear to have withdrawn from the market due to the stock market collapse and deteriorating economic conditions. We have favorable affordability conditions, but we need more than that to give buyers with jobs the confidence they need.*To view the full post, please visit the San Diego real estate agent sales blog