Wednesday, November 28, 2007
Falling Home Sales
According to this article on MSNBC, home sales have fallen for the 8th consecutive month, and the largest drop in sales - 4.4% coming from the Western US. Also of note, median housing prices in the West have fallen 6.9% in the last year. It's comforting to know that we are safe from the housing crunch here in Seattle though....... I'm sure that people still in denial will blame the Western regions problems on California and try to claim that things are still rosy here.
Subscribe to:
Post Comments (Atom)
2 comments:
How far will things have to drop before you start thinking about owning a home?
Once prices drop to about 25% of what they are now I might be able to afford to buy.
Post a Comment