Home Sales Figures Out – Buyers’ Market Continues

Category: Retirement Real Estate

April 25 - Yesterday the sales figures for existing homes were released - and the news continues to be bad for sellers. Sales in March were 8.4% below February's, and 11.3% behind the March 2006 figure. Bad weather is being blamed for at least part of the slowdown, while sub-prime mortgage problems are another likely cause. These sales totals are for all types of existing homes, including condominiums. The figures were released by the National Association of Realtors.

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