Tag Archives: Home Sales

October existing home sales fall by 3.1 % but not for Las Vegas and Orange County buyers

“I don’t blame the buyers, they are acting rationally,” said Lawrence Yun, the trade group’s chief economist. The median sales price plunged 11.3 percent from a year ago to $183,000. That was the largest year-over-year drop on records going back to 1968, and the lowest median sales price since March 2004. Compared with last month, [...]