Sales of new homes fell in June for the seventh time in the past eight months, but the decline was less than had been expected, raising faint hopes that the nation's severe housing recession could be approaching a bottom.

 

Submitted: Jul 25, 2008    Views: 88    Comments: 1    Likes: 1   


View Article: http://www.boston.com/business/articles/2008/07/25/new_home_sales_d...



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Bob
(Unregistered)

Saw another article on this site which shows that real estate downturn has much more to go.

http://bestcashcow.com/real_estate/article/sol_nasisi/home-prices-down-61-from-2007-levels-and-why-they-probably-have-further-to-go

Wish we were nearing the bottom.

Posted: Jul 25, 2008



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