EPISODE · Sep 24, 2008 · 5 MIN
Is the housing market frozen until Congress passes a rescue plan?
from MarketWatch Real Estate Round-up · host MarketWatch.com
Is the housing market frozen for the time being? Existing home sales dipped 2% in August and inventories fell 7%. But median home prices have dropped 9.5% in the last year. And MarketWatch real estate editor Steve Kerch thinks the price of your home may have to fall even more. He tells John Wordock the autumn housing market may be frozen until Congress resolves the Wall Street rescue plan issue. Kerch also offers some tips for selling your home in this climate.
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Is the housing market frozen until Congress passes a rescue plan?
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