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News Summary for November 28

Leading news outlets, including MarketWatch and ABC News, quoted chief economist David Lereah and NAR President Pat Vredevoogd Combs on October’s existing-home sales, which showed that sales of existing homes rose slightly in October, continuing the transition to a more normal market. "After a period of price adjustment, we'll see more confidence in the market and a lift to home sales should be apparent in the first quarter of 2007," said Lereah.

The New Orleans Times-Picayune wrote a story about the city’s ability to successfully host the recent REALTORS® Conference & Expo, November 10-13, which brought more than 25,000 Realtors and guests to the city.

Comments

You guy's have the best real estate website on the web. Bar none!

Thanks
CDH

We see a lot of conflicting information regarding the real estate sales market. I wish reporting services would clarify markets when describing our industry. Many markets (the South East) are often lumped in with D.C., Vegas and L.A. confusing our customers!

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News coverage shapes perceptions of people, organizations and entire industries.
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