From the Los Angeles Times – Jeffry Bartash:
Sales of previously owned homes dropped 9.6% in February and prices fell to their lowest level since 2002, reflecting a continued slump in the U.S. real estate market.
The National Assn. of Realtors on Monday said home resales dropped to an annual rate of 4.88 million from an upwardly revised 5.4 million in January. The data is seasonally adjusted.
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About David Mayes
David Mayes has recently received his GREEN certification from the National Association of Realtors. If you enjoy personal attention and great customer service - you need look no further, he cares for his clients and will always go the extra mile to make a deal happen or make a client happy. Whether you are a BUYER or a SELLER all of your needs and wants will be met. With a Master's Degree in Business Administration, Short Sale certified, David brings a rare combination of investment savvy and seasoned experience to every transaction. He writes regularly on OCRealEstateWatch.com and can be reached at
david@ocrealestatehq.com or by phone at 949-632-8115.
