Home Prices Surge… Sort of

updown.jpgWhen the year started, house sales jumped and seemed to be unaffected by the sub-prime crisis but that was only to last a few months for as the news hit home, it hit hard for as figures come and are analyzed by the people in the real estate market, it shows that there was a huge drop in sales compared to the first quarter last year. With more than 2,000 homes sold, that was a plunge of 34 plus percent from last year’s figures. The crisis is only just being felt and people are still holding off buying homes with movement only in small fractions, that is not enough to get the market out of the slump it is in.

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