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Wednesday, August 18, 2010

Home sales slump in July

The following story was predictable. The $8,000 government tax subsidy for home buyers expired at the end of May. The subsidy spurred buying during the first part of the year. A void was created when the subsidy ended. The July analysis reveal the stats. Growth is; slow, slower, slowest. The monthly Ricky Report discusses these topics and more...sign up at RickTaylor@KW.com

Home sales slump in July
Los Angeles Times
Median prices — the point at which half the homes sold for more and half for less — were depressed early last year by a glut of distressed sales in ...
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