In case you didn’t get NAR’s latest report…

Here’s the details: -Median existing-home price was $201,100 in January, down 4.6% from a year ago (National average)-Total housing inventory rose 5.5%-At the end of January, existing homes available for sale were  4.19 million, a 10.3-month supply at the current sales pace (up from a 9.7-month supply in December). -Single-family home sold at an annual rate of 4.34 million in January. This is 22.4% below January 2007. -The median existing single-family home price was $198,700 in January, down 5.1% from a year ago.-Existing condominium and co-op sales dropped 6.5%, and are 30.2% below the year ago levels. The median existing condo price ($220,400) is only 1.0% lower than January 2007.-Existing-home sales in the Northeast fell 3.6 percent to an annual rate of 810,000 in January, and are 25.7 percent below a year ago.  The median price in the Northeast was $270,800, up 3.1 percent from January 2007. 

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