Home sales, prices plunge in August


Go figure - The economy is in the toilet and the Fed. is asking for taxpayers to chip in $700 Billion.

"The median sales price fell 9.5 percent to $203,100, the largest price decline on records dating to 1999. As prices fall, buyers are taking advantage of steep discounts, especially in hard-hit markets like California, Nevada and Florida."

Source

posted by author @ 8:51 PM, , links to this post

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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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