The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (217156)	8/24/2009 3:20:41 PM
From: Jim McMannis	Read Replies (2) of 306849

Only the cheap houses selling... cnbc.com Existing Homes: What's Really Selling Existing home sales rose for the fourth straight month in a row, now to the highest pace in two years. Excellent news that buyers are getting off the fence, but they're only getting off at a certain price point. Just like in retail, where the big bargain stores are showing gains, only the low end of the housing market is moving. As I did last month, I asked the Realtors to break down sales for me by price point. Take a look: CHART ON SITE.

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