Straight Talk & Tech Tips for Online Real Estate Marketing

New Home Sales the Lowest Ever?

04/25/08 | Kathy Drewien | Category: Atlanta Real Estate

New home sales sink to a 17-year low. This is the news of the day. And yet, there’s more to the story than reported.

Of course sales are lower!

new_home_sales_vs_housing_starts__2

Dan Green posts an full analysis of why new home sales are at the lowest point in years. His graph is a hint.

Don’t be misled by the news media sound bites and headlines. Dig deeper. You might think we have a shortage of rice. Oops, wrong story.

You can always ask us. We have the full story on your neighborhood.

Read Comments

  1. Posted by Teri IsnerNo Gravatar on 04.25.08 1:01 pm

    This is no surprise and I wonder what we will be seeing a year from now.

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