too many real estate agents: Can You Do The Math? | Most Real Estate Agents Can't!
- 11/28/07 05:00 AM
Nationally today the National Association of Realtors NAR issued some new statistics regarding home sales. (keep in mind that these numbers are a national average, and do not apply across the board!) What the numbers do reveal are trends. Nationally of course home sales are off, but they are off 20.7% from this time last year. Seasonally adjusted, sales of re-sale homes are 4.97 million units in October. a big chunk in the drop was condos which accounted for 9.1%! Why? Because they are glutted! The problem in many markets are that home sales has dropped in the last few months almost
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