recent sales: Recent Sales - The Real Facts - 06/24/10 12:38 PM
Recent Sales Report
I read the CNN and Yahoo articles reporting, "sales of new homes collapsed in May, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once they could no longer receive government tax credits".
That is some sad news.  But is it accurate?
It is only NEW CONSTRUCTION homes sales.  And it is a NATIONWIDE figure.  It is being perceived by the public as bad news and is not giving the true facts.
I checked April to May statistics for existing home sales around the country to fill in the gap:
The … (1 comments)

 
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