Archive for the 'Finance' Category

Housing Marketing Slumps

http://money.cnn.com/2008/09/09/real_estate/July_pending_home_sales/?postversion=2008090912
According to CNN new home sales are sliding again.  It remains to be seen what the ramifications will be for the takeover of Fannie and Freddie on the availability of mortgages.  Check out the article, very interesting stuff.