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Firm News
- Housing Recovery Could Take a Decade, Economists Warn - January 27, 20
Posted on 1/27/2010 - Home Prices Rise For 6th Straight Month
Posted on 1/26/2010 - Home Sales Tank: What it Means for You
Posted on 1/26/2010 - December Home Sales Down Nearly 17 %
Posted on 1/25/2010 - October Home Sales Rise 10.1 % From September
Posted on 11/23/2009 - Housing Slump May Worsen Next Year, Not Get Better
Posted on 11/19/2009 - Pending Home Sales Rise For 8th Straight Month
Posted on 11/3/2009 - Senate Close to Deal Replacing Homebuyer Tax Credit
Posted on 10/28/2009 - Realtor Data Shows Home Sales Continued to Climb in September
Posted on 10/28/2009
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Home Sales Tank: What it Means for You
Posted on Jan 26, 2010
Existing home sales plunged in December, falling nearly 17 percent from November in their largest month-over-month drop since record-keeping began. Meanwhile, December's inventory represented a 7.2-month supply of unsold homes, notably higher than the 6.5-month supply recorded in November, the National Association of Realtors reported Monday. Although the monthly decline was larger than expected, the figures are much less jarring when compared with December 2008. Existing home sales remain 15 percent higher than a year earlier, while raw unsold inventory fell 11 percent from December 2008 to its lowest level since March 2006.
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