From David's @BeachCitiesRealEstate Page on FB

Wednesday, December 23, 2009

New Home Sales Off, As Existing Home Sales Rise

Sales of new homes declined in recent statistics, not a surprise due to they way they are counted (new contracts vs. closed contracts), the usual holiday softening, and the fact that most current incentives favor existing homes. - David

http://online.wsj.com/article/SB126157233578602825.html?mod=djemRealEstate

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