Maybe we just need to get all of the bad news out by the end of 2008 so we can have a great (maybe I am pushing it) , let's call it a better 2009.

Earlier today, The NAR reproted, Sales of existing homes plunged far more than expected last month as buyers recoiled from October's financial wreckage on Wall Street.

The median sales price fell by the largest amount on record.

More than 13% nationally.

I wanted to get feedback from people and see what they are seeing in their areas. It is rough here in Phoenix AZ, but I didnt think it was that bad.

 

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Daniel Wexler

Fountain Hills, AZ

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