The volume of existing-home sales is expected to remain stable through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the NATIONAL ASSOCIATION OF
REALTORS®.Lawrence Yun, NAR chief economist, says many buyers have been waiting for higher mortgage loan limits.
http://www.realtor.org/RMODaily.nsf/pages/News2008030601?OpenDocument
Friday, March 7, 2008
NAR: Home Sales to Hold Steady
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