Housing sales down, way down

By: Kieran Wilson Email
By: Kieran Wilson Email

A new real estate report just released shows the full picture of last year's plunging market.

The report from advanced title shows sales dropped nearly 40–percent in the fourth quarter of last year. Sales of non–residential property dropped 30–percent during the same period. The report blames the sub–prime meltdown and the national economic trends for the declining sales. The silver lining is a possible upswing this year on expectations that bank and mortgage interest rates will stay low.


KKCO firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKCO 11News.

powered by Disqus
KKCO NBC 11 News 2531 Blichmann Avenue Grand Junction, CO 81505 Station Phone: 970.243.1111 Business Fax: 970.243.1770 Newsroom Fax: 970.245.3793 News Tip & Contest Line: 970.255.8477
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 38199669