Let's just get the uncomfortable news out of the way.....the sale of new homes dropped by 8.5% nationwide last month. The slowest sales pace since October 1991. Existing home sales fell by 2%. The median price of a home dropped by 13.3% compared to March 2007. the biggest year over year decline since July 1970!!!
All regions were down in March with the Northeast down 19.4%. Sales fell in the West 12.9%, 12.5% in the Midwest and 4.6% in the South.
Yes I know, this makes you want to go get in the bed and assume the fetal position, but we are SAVVY!!! OPPORTUNITY IS UPON US. Review your personal situations, make the neccessary adjustments and let's buy some property!!! Call us......we'll help you make it possible.
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