Another Round

The disappointing news just continues to roll in.  It’s coming in pairs these days..

U.S. Home Resales Drop, Inventories Rise to Record as Housing Woes Persist

Sales of previously owned homes in the U.S. fell in April and the supply of unsold properties reached a record, signaling no let-up in the housing slump. Purchases declined 1 percent to an annual rate of 4.89 million, higher than forecast, the [...]

Technorati Tags: Housing Crisis, Home Sales