
REALTORS: HOME SALES MAY KEEP FALLING IN 2007
Next year will likely bring a second annual decline in existing home sales, the National Association of Realtors predicted Monday.
Ref. https://money.cnn.com/2006/12/11/real_estat....reut/index.htm
This is a most excellent bit of news for me! I plan on buying a house in the fourth quarter of 2007. Lower prices means better deals, lower interest rates, and lower house payments for me! It looks like not being able to get a house this year turned out to be much better than I initially expected.
HOUSING STARTS PLUNGE
Housing starts plunged in January to the slowest pace in more than nine years as the latest government reading on the battered housing market seemed to suggest it is not stabilizing as some had hoped.
Ref. https://money.cnn.com/2007/02/16/news/econo...tarts/index.htm