Home sales surge in April; prices lag again
By JONATHAN BILYK - jbilyk@kcchronicle.com
April proved to be yet another good month for home sales in the Fox Valley.
However, while the number of homes sold surged yet again, the prices fetched by sellers continued to lag behind....
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http://www.kcchronicle.com/articles/2010/05/25/99665870/index.xml
I truly believe we will see a tremendous slowdown in the overall market and a complete lack of activity in the homes priced over $600,000.
It will not stay bad for very long, as by this time next year, we will see steady, reasonable activity in most price ranges.
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