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Real estate update: Burning down the house

Posted on 25 August 2010

From ETFguide.com: Here’s your real estate update: The housing market is in a depression and the end is not yet nigh. During the month of July, sales of existing U.S. homes sank double what analysts were forecasting as demand for single-family houses fell to a 15-year low.
According to the National Association of Realtors, an annual rate of just 3.83 million units is the current pace. What’s next?……………………………………Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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