Existing home sales slid 5.1% in January

Existing home sales slid 5.1% in January from December to the lowest level in over a year. Nasty weather, rising interest rates and prices and signs of softness in the economy were all blamed. Big question is how prices will respond. The next S&P/Case-Shiller Home Price release is Tuesday morning February 25th at 9 AM. Find the report at http://www.spdji.com – See more at: http://www.housingviews.com/2014/02/21/will-weak-existing-home-sales-lower-prices

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About mortgagelendingstatenisland

I am a mortgage banking veteran with over 15 years of experience at every level of the mortgage arena. I am known as the "closer" because of my troubleshooting skils and ability to explain in detail to my clients and business partners "What Makes A Mortgage Approvable".
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