Home Services

That makes four months now of about flat new home sales and, like the ten month stretch of relatively flat existing home sales, it’s possible that sales volume has gone about as low as it’s going to go.

Of course, that doesn’t mean sales are likely to go any higher anytime soon and, with foreclosures setting new records every month, home prices are sure to go lower, perhaps much lower.

The leveling off of home sales, if it continues, will surely provide some welcome relief for both home builders and real estate professionals.

Tags: estate professionals, foreclosure, foreclosures, home builder, home builders, Professional

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