Home Sales Much Better Than Reported | John Burns Real Estate Consulting

Home Sales Much Better Than Reported

John clarified on Fox Business News that today’s decline in existing home sales is misleading. Distressed transactions are declining, which is a good thing. Normal transactions may have flattened in December due to the fiscal cliff, but we are in the early stages of a 80% increase in normal transactions that will drive strength in the economy, particularly as they remodel and furnish their new homes.

Watch the whole interview at the link below:



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