Long Beach Mortgage Report: December Housing Sales rise!!!

Long Beach, Ca. Now for some good news. Sales of existing homes rose 6.5 percent from November to December, closing out the worst year for the U.S. real estate market in more than a decade, an industry trade group said Monday. The National Association of Realtors reported that sales of existing homes rose to an annual rate of 4.74 million in December, from a downwardly revised pace of 4.45 million in November. December's sales had been expected to fall to a pace of 4.4 million units. according to Thomson Reuters. For the full story you can go to: http://www.cnbc.com/id/28854489

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