New Home Sales Fall To All-Time, Recorded Low. Maybe.

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Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

 

New Home Sales (2010 - 2011)Sales of newly-built homes plunged 17 percent to an seasonally-adjusted, annualized 250,000 units in February, and the supply of new homes rose to 8.9 months in February -- a 1.5 month jump from January.

It's the lowest New Home Sales reading in recorded history, according to the Census Bureau, and the third straight report to signal that home values may be slow to...

Read the COMPLETE BLOG POST HERE:

New Home Sales Fall To All-Time, Recorded Low. Maybe.

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