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« We're Number One, We're Number One!! | Main | Not Even Good News for Renters These Days... »

April 18, 2008

If You Missed the Numbers...

San Francisco area's March home sales sink to 20-yr low...

By Jim Christie

SAN FRANCISCO, April 17 (Reuters) - The mortgage credit crunch drove March home sales in the San Francisco Bay area down to a 20-year low while the region's median sales price sank 16.1 percent last month from a year earlier amid weak demand, a report said on Thursday.

Since September, home sales in the San Francisco region have hit record monthly lows amid tight credit for prospective home buyers, a response to turmoil in mortgage markets arising from the

click here for the complete story

Posted by Jeff Brooks on April 18, 2008 06:33 AM |

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