Appraising in Delaware, the Blog...

Snow leads to lower than expected home sales
March 24th, 2010 12:23 PM
Sales of new homes fell like the snow in February.  Unemployment and the high number of foreclosures also helped to drag down the market.  Purchases of existing homes fell 2+% which was not expected by economists.  The figures were released by the Commerce Department yesterday.  Treasury Secretary Tim Geithner stated yesterday that it would take a "long time" to correct the embattled housing market.  Read more about this story on Business Week by clicking here 

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Posted by Patti Persia on March 24th, 2010 12:23 PMPost a Comment

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