San Diego real estate investors . . . Don’t ignore the
Or ‘Know when to fold them’
By Bob Schwartz, CRS,
www.brokerforyou.com All rights reserved.
Commerce Department reported Monday that sales of new
single-family homes dropped by 5 percent to a seasonally
adjusted annual rate of 1.233 million units last month.
importantly, this is the second time in three months
that housing sales have dropped! This 5 percent drop was
under the 7 percent November drop.
important fact that this report showed was a 5.2 month
supply of new homes in January. This is up 2.5 percent
from the December ’05 figures and an astounding 20
percent from the same figures one year ago (January
THE AUTHOR Bob Schwartz, is a Certified Residential
Specialist, and a CA licensed
San Diego real estate broker with. Bob has
over 27 years of residential real estate experience,
authored a number of published articles and served as an
expert witness for
San Diego lawyers. You can contact Bob via
his highly popular
San Diego real estate website.
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