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
Related posts:Nationwide Home Sales Drop In February, 2007 The Commerce Department has reported that home sales dropped again...Housing Sales Rise Significantly In February 2006 It looks like the nationwide bubble has not exploded as...Silicon Valley Homes Hit Record
Read...Related Headlines
- Boston Real Estate Sales Coming Back - Are Yours?posted 159 weeks ago on The Real Estate Bloggers
- Foreclosures are 58% of Calif. home salesposted 166 weeks ago on Lansner on Real Estate
- Canadian Real Estate Sales Drops 17 Percent in 2008posted 171 weeks ago on The Real Estate Bloggers
- Myrtle Beach Neighborhoods See Up To An 80 Percent Drop in Home Salesposted 129 weeks ago on The Real Estate Bloggers
- Weather and Economy Hurt New Home Construction in Februaryposted 114 weeks ago on The Real Estate Bloggers
- Boston Child Predator A Real Estate Agent? Not Anymoreposted 159 weeks ago on The Real Estate Bloggers
- New Home Sales Hit All Time Lowposted 113 weeks ago on The Real Estate Bloggers
- Canada Has No Idea How Bad Their Real Estate Situation Really Isposted 163 weeks ago on The Real Estate Bloggers
- 7% of Homeowners and 40% of Subprime Homeowners 30 Days Behind on Mortgageposted 163 weeks ago on The Real Estate Bloggers