Sales Decline Double Digits for Fifth Straight Month:
“Sales declined for the fifth straight month, ending with 1,623 compared to 2,232 this time last year. Sales are not the only decline,” says Damon Maddox, NMAR President, “Interest rates in November peaked early at 7.08 percent but the month ended at 6.58 percent for a 30-year fixed mortgage rate...”
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