Thursday, August 17, 2006

Housing Sales Decline in 28 States

It looks like the real estate market is beginning to be saturated with homes. This article identifies a number of states where housing sales have declined over a previous period. That doesn't mean houses aren't being sold, however. Alaska, Vermont, North Carolina and Texas have all had sales increases.

The writer speculates that booming areas a year ago are slowing, while previously stagnant areas are doing well.

While it most certainly is a buyers market now, some people are estimating the slowdown is through the worst already. What do you think?

No comments: