Thursday, August 26, 2010

Not One New Home Priced Over $750,000 Sold in July 2010

Folks, this is just not good news.  As a matter of fact, this is the second month in a row that no sales were recorded for homes in this price range.  The real estate bubble that caused home prices to double and triple from 2003 to 2007 will in all likelihood dissipate completely before this housing recession is over.  I don't care what your real estate agent is saying.  This housing recession, no housing depression, is not over.  


For the full article, read David Rosenberg by clicking here.

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