real estate recovery: Home sales stabilizing; weak recovery seen
- 06/24/09 03:03 AM
Home sales stabilizing; weak recovery seen Home sales stabilizing, but rising mortgage rates, job losses likely to slow housing recovery By Alan Zibel, AP Real Estate Writer On Tuesday June 23, 2009, 7:59 pm EDT Buzz up! 38 Print <!-- ./end of article hd --> Companies: Bank of america corporation Citigroup, inc. Fannie mae <!-- /.mod.related-companies --> WASHINGTON (AP) -- Nationwide home sales may have finally hit bottom, new data shows, but a host of thorny problems are hindering any recovery.
Sales of previously occupied homes rose by 2.4 percent from April to May -- the third monthly increase this (0 comments)