Optimists
AP
A wave of foreclosures is forcing down home prices in most major U.S. cities. But economists and real estate agents are noticing what they call a key first step for any housing recovery: a drop in the glut of homes for sale in markets hit hardest by foreclosures.
If we were to see several consecutive months of supply getting smaller, it would point to an improving housing market, said Celia Chen, senior director…
Added by Your Property Path on April 28, 2011 at 7:40pm — No Comments
© 2024 Created by Matt Gerchow. Powered by