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Posted on January 20, 2011 | tags

 
 

Biz: Some positive home sales news, because we need some

  • 12.3% jump in existing home sales in December source
  • » Oh yeah, some more good news: The annual rate of 5.28 million homes, while far below the mid-naughts peak of 7 million in September 2005, is a bit higher than analysts expected. The number hit a low of less than 4 million home sales back in the middle of last year. Granted, people’s homes are still getting foreclosed en masse, but this isn’t bad news.