Detroit News: metro home sales up, prices down
The Detroit News has this report today: Metro home sales perk up; prices fall.
A snippet:
The recovery won’t be quick or easy. Experts say prices aren’t likely to start rising until sometime next year, at the earliest. And more auto industry buyouts scheduled for this year and tighter lending standards could increase the number of homes on the market and decrease the number of buyers who can qualify for them.
Posted: May 7th, 2008 under Housing, In the News.
Comments: none