Sales of existing homes on the rise

Sales of existing homes on the rise

There are 6 comments on the San Gabriel Valley Tribune story from Feb 3, 2009, titled Sales of existing homes on the rise. In it, San Gabriel Valley Tribune reports that:

The nation's housing market has suffered a catastrophic downturn over the past year but there may be some light at the end of the tunnel, according to a report released Tuesday.

Join the discussion below, or Read more at San Gabriel Valley Tribune.

Howard

San Jose, CA

#1 Feb 3, 2009
I just hope the lenders; don't allow this opportunity cool. A rise in existing sales is a positive catalyst. More consideration to relax the lending to the public ( or even to each other. Use the bail-out funds to stave off the free fall the market will continue to experience unless action is taken..
What more can the public do to take blame for what part played in this crisis? The banking industry should take their share as well.
Housing News

Rowland Heights, CA

#2 Feb 4, 2009
With 18 million homes on the market for 2008 in the USA any sale is good news for the real estate market.

This will be a long road back from the hole this economy is in right now!

Supply an demand is top heavey this is only a blip on the sale sheets at thsi point an to this will cool off.
Tim K

Pasadena, CA

#3 Feb 5, 2009
Tom Adams said: "I don't think we'll see home values climbing for some time," he said. "But I do think we're as close to the bottom as we can predict."
Wow Tom, so you're basically saying home prices will be FLAT for some time?
Or are you trying to hedge your bets?
More shameless realtor propaganda. House prices are falling at the FASTEST RATE IN HISTORY and this yokel is quoted as saying things are going to level off, and that this is the bottom!
Seriously, do you believe your readers are that stupid?
Bakers dozen

Covina, CA

#4 Jan 7, 2014
Buyers in San Jose, Calif., scooped up homes the quickest in November 2013, with 48.6 percent of listings going under contract within two weeks, up from 48 percent in October2013.

Homes in San Jose, California sat on the market for a median of just 12 days.
sdhgnt

Rajahmundry, India

#7 Feb 1, 2014
[url=http://quickcash4home.co. uk/cash-house-sale/]house cash sale[/url]
UK eel

Sierra Madre, CA

#9 Feb 1, 2014
Started in 2009 and now it's 2014 - what's changed?

Nothing, the stock market is in the tank like it was in 2009, so have a eel for you UK lovers of fish?

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Home Buying Discussions

Title Updated Last By Comments
News Real Estate Agents: Single-Family Homes a Hot R... (Jun '12) May '15 amal2015 198
News Winning Lotto jackpot means serious planning, a... (Apr '06) Apr '15 Sandravabaviba 5
News Air quality map shows Toronto's most polluted n... Apr '15 GTA no better 1
Strategy Apr '15 ksoileau 1
News The Best Time to Buy a Home is Now Mar '15 jimturano 1
News The 10 commandments of the home buying process Mar '15 dot 1
Looking for Advice About Attics Converted into ... Mar '15 bellemorte9506 1
More from around the web