Existing Home Sales Rise in February, but Prices Down
According to the National Association of Realtors, existing home sales jumped 5.1% nationwide in February, 2009, though prices were down 15.5% from the same month last year. Sales prices were unprecedented, falling to the same lows last seen in 1997, and economists are predicting that, nationwide, prices will probably fall well into 2009. Nicolas Retsinas, [...]