Nearly Fifty Years Since New Home Sales This Low


Its been nearly fifty years since the sales of new homes has been this low.  And the US population has increase more than 100 million since that time.
According to the Commerce Department the sales of new homes amount to about 250,000 units.  Normal is about 700,00 units. But is that really any surprise?  The cost to build a new home is significantly higher than the price of a used one.
Read the rest.
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About rereno

Real estate investor
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