Home sales rose in February 4.7 percent to a 337,000 homes per year pace. The good news pretty much stops there though.
Housing prices dropped 18.1 percent as the homes that are selling are doing so at a deep discount, very often foreclosures and short sales. The numbers were also the 2nd worst since records [...]Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was originally published.
February U.S. Home Sales Climb 4.7% in February, 2009
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