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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (6285)	9/5/2007 12:37:34 PM
From: jim_p	Read Replies (1) \| Respond to of 50749

Pending Home Sales Sink in July Wednesday September 5, 10:45 am ET By Alan Zibel, AP Business Writer Pending Sales of Existing Homes Fell in July to Lowest Level Since September 2001 WASHINGTON (AP) -- Pending sales of existing homes fell in July to the lowest level in nearly six years as borrowers struggled to finalize home purchases, particularly in expensive areas. The National Association of Realtors said its seasonally adjusted index of pending home sales for July fell 16.1 percent from a year ago and 12.2 percent from the prior month. July's reading of 89.9 was the second-lowest ever for the index and its lowest since September 2001, when the economy was jolted by the terrorist attacks.