Thursday, February 15, 2007

Housing Boom Went Bust In 40 States

   Bush's booming economy isn't booming to well in quite a few housing markets it would seem.

   Home sales fell in 40 states in the last three months of 2006 according to the National Association of Realtors.

National Association of Realtors: ...states with the biggest declines in sales from October through December compared with the same period in 2005 were: Nevada, down 36.1 percent; Florida, down 30.8 percent; Arizona, down 26.9 percent; and California, down 21.3 percent.

In all, the Realtors said sales declined in 40 states, six states showed gains and one state, Utah, had no change in activity in the final three months of last year. There was not enough information from Idaho, New Hampshire and Vermont to make a comparison.


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