Wednesday, September 15, 2010

Freddie Mac Estimates Home Sales to Drop Another 23% in 3Q - Charlottesville Area on Track to Do Worse

"Freddie Mac expects 4 million new and existing home sales in the third quarter, a possible 20.7% decline from last year and 23% drop from the previous quarter."
It's a toughy, this new normal.  And the way things are going around here, the Cville + 5 County area could "beat" this number.

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