Detailed text transcripts for TV channel - FOXNEWS - 20100228:17:23:00
No question the snowy cold is not the best environment for house-hunting. you can always add that new home sales numbers are not as revealing as existing home sales. because those are the ones that really count. they make up three-quarters of all sales. guess what? there, too, sales were bad. friday we found out sales of previously owned homes surprised forecasters, too. down more than 7%, especially since january of last year saw the sales of existing homes were way up. more than 11%. so what is with the shaky ground for real estate? well, sales started to drop late last year when perspective...
Source: news source