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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (79694)6/19/2007 10:56:54 AM
From: Les HRead Replies (1) of 306849
 
According to the National Association of Homebuilders, as many as 1.4 million new housing units are sitting vacant, an all-time high. And nationwide, 3.75 million existing homes were for sale at the end of March, the National Association of Realtors reported. That was a 7.3-month supply at the current slow sales pace, compared with a 6.8-month supply in February.

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