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Home Sales Rise.....but so does inventory

Sales of previously owned U.S. homes rose in the month of July due to lower prices.....but because of higher inventory the housing market is unlikely to recover anytime soon according to a trade group report in today's yahoo news.

So when is the housing market going to pick up and when will we see a market correction take place?

That's the question I'm asked on a regular basis so I like to keep up on my current events when I see an interesting article featured on Yahoo news

You can read the rest of the story >>>HERE.

For more information please contact Neal The Real Deal Bloom-Realtor® /RE/MAX Premier Associates

 Remax Real Estate Weston Florida Weston Realtor(R) Neal Bloom-copyright 2007

2500 Weston Road ,Suite 103

Weston FL 33331

(954)608-5556

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Posted Monday Aug 25