Wednesday, March 17, 2010

Sales decline on houses

The latest figures of existing house in New York fell in January proving that the market is still very weak and vulnerable. It was a surprise for many experts who were hoping to get some good results about the increasing sales. But the sales turned to be the lowest during the half of the year. Not so many New York citizens wanted to buy property there.

Many say that the decline was because of the delay between the process of shopping for a house and the process on closing for it.

But still they experts are not as pessimistic about the sales as they first home buyers still have some time till April to choose the property they want and to use tax credit. Right they only start choosing and in most cases they try to have cash deals.

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