Home Sales Fall Again: Take Note Commissioners–No Rosy Picture for Real Estate

Take note City Commissioners (I am sure you will).  This is not the right time to hit the taxpayers of Coral Gables with more taxes.

Sales of U.S. previously owned homes slumped more than forecast in July and the number of unsold houses swelled, evidence the market is depressed by foreclosures and limited job growth.

via Sales of U.S. Existing Homes Fall More Than Forecast (Update1) – Bloomberg.com.

About Stephen E. McGaughey
Resident of the City of Coral Gables

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