The Latest on the Housing Market…

Jan 29 2007

Newly built homes aren’t selling…

Sales of new homes plunged in 2006 by the largest amount in 16 years as the nation’s housing industry suffered through a sharp contraction after five boom years

Sales of new homes plummet in 2006

And the other side…

While speculators and flippers in places such as Boston and San Diego are running for cover, in other parts of the country they are basking in robust residential sales.

Homes are still hot in some places

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