National home sales up 10% in June

National home sales up 10% in June!

Isn't that a great thing. It has been busy the last few months. I'm really hoping it will stay

busy for awhile. What do you think about extending the buyer credit? I think the whole purpose

was to deplete inventory. We still have more than enough listings. In our area, as of the 2nd quarter,

we have enough inventory to last between 9.2 months and 130 months depending on the price range.

And that is if NO ONE listed another home.

Our GM Plant closed and 170 people have received a transfer to Kansas. Several have gone to Texas

already. It seems that it will be important to have the tax credit extended and/or broadened to all buyers

in order to help our area.

Tell me what your thoughts are??