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Home Resales and Prices Decline

The backlog of unsold homes continued to pile up in January, a sign that home prices will continue to drop as would-be buyers hold out for better deals.
Sales of previously owned homes fell for the sixth consecutive month, dropping 0.4 percent, to an annual rate of 4.89 million, the National Association of Realtors said on […]

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St. Lucie foreclosure tours put fresh spin on house-hunting; ‘It’s a buyer’s market’

PORT ST. LUCIE — After four months of house hunting, Tara MacDonald and family still were looking for a home to call their own.
“We’ve looked at 12 homes a weekend and put in offers, but nothing has panned out,” MacDonald said. “I’m just looking for a two-bedroom, two-bath house to start.”
So, the Port St. Lucie […]

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