Sales of New Homes Hit Record Level in June

Bubble? What Bubble?



"Sales of existing homes also set a record in June as the housing industry continues to be powered by low mortgage rates with the median price of an existing home hitting a record high of $219,000, up 14.7 percent from June 2004, the biggest annual increase in nearly 25 years."

Yahoo News

posted by author @ 6:58 PM,

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    Is there a Housing Bubble? Is Real Estate still a safe investment?
    I don't have these answers, but I do have a whole lot of evidence that realtors are resorting to 'unusual' tactics to drum up business.

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