Wednesday, March 01, 2006

Real estate continues to cool

USATODAY.com - Real estate continues to cool: "After five adrenaline-pumping years of real estate sales, 2006 is already fulfilling predictions of a weaker market.
Sales of existing homes fell in January for the fifth month in a row, the National Association of Realtors (NAR) said Tuesday. The same month, new-home sales slid 5%, the government said Monday. Builders are seeing more orders canceled. Meanwhile, the number of homeowners who are late paying their mortgages has been creeping up. "
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