What's New at Moore Appraisals

February 11th, 2009 7:19 AM

An index that tracks signed contracts to purchase existing homes rebounded in December, as buyers snapped up properties at deep discounts, especially in the South and Midwest.

It was the second positive sign in the past two weeks for the troubled U.S. housing market, and may indicate that a bottom is forming, at least for home sales.

Posted by David Moore on February 11th, 2009 7:19 AMPost a Comment (0)

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