Home sales decline in 28 states, D.C.
Now this is interesting. It looks like the housing bubble’s about to burst. At least in some areas of the U.S.
“The Realtors survey showed that the biggest declines occurred in states that had been enjoying red-hot sales during the five-year housing boom.
The five biggest declines this spring compared to the April-June period of 2005 were Arizona, down 26.9 percent; Florida, down 26.7 percent; California, down 25.3 percent; Virginia, down 23.9 percent, and Nevada, down 23.5 percent.”
