According to the National Association of Realtors, the U.S. is currently in position to sell 4.68 million homes this year. That would put the U.S. within the top 5% of homes sold in U.S. history. The market is indicating that we may have hit the bottom.
The above comments are from the N.A.R. The operative words in the last sentence are “we may have.” Time will tell, and as you already know, it’s anybody’s guess.
1 response so far ↓
1 Dan // Jul 31, 2010 at 1:23 am
Time will tell , and the National Association of Realtors is always putting its own kind of spin on the data. Now that the tax credit has expired, let’s see what happens.
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