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