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Tuesday, December 23, 2014

New Home Sales Fell for a Second month! - US Housing Market is Still Weak

Sales of New U.S. Single-Family Homes fell for a second straight month in November, a sign that the housing market recovery remains fragile.

The Commerce Department said on Tuesday that new home sales declined 1.6 percent to a seasonally adjusted annual rate of 438,000 units. Economists had forecast the sales rising to a 460,000-unit pace last month.

On top of that, the October Sales were revised down to 445,000 units from 458,000 units.

Considering these numbers, the US Housing Market is fragile. And bank lending is still tight. Therefore, it is hard to sell your house quickly, especially where we have lots of bank-owned properties(foreclosed houses), like in the Bronx and in Brooklyn, NY.


However, there is always a way to Sell your house Fast. As a local Cash Investor, We Buy Houses "As Is" All Cash and Close Quickly. In many instances, in 7-10 days.

If you have any interest in selling your house today, please contact us at 1-888-282-0423. Or just email us from this blog. For more info, please visit our official website WeBuyHousesBronx4Cash.com