The Real Estate Market has posted another Hot Month as The Commerce Department report showed the median sales price of a new home rose 3.8 percent year-over-year to 230,800 dollars.
New data Wednesday showed sales of new US homes edged up 0.2 percent to a seasonally adjusted annual rate of 1.316 million, an all-time record and above most economist forecasts. Once again this news stoked the fires of the bubble conspiratorialists while the people who bought despite the naysayers are enjoying their new homes and some new found equity too.
Read more →
Recent Comments