NAR and HUD-Census Bureau release October sales figures. Existing home sales slow a bit but new homes continue to sell at a record pace.
The news on Monday was not good. It looked, in fact, like the housing boom was over and that was the thrust of a lot of the media headlines. Not that a market crash seemed likely, but it did seem as though the housing bubble had developed a tiny little leak.
The National Association of Realtors released its monthly report on the sales of existing homes for the month of October and NAR figures showed a "moderate" decline in activity... Read More Now
[via MortgageNewsDaily.com]
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