According to the Preston Market Report, the 2008 home sales were down 13.3% while the national average was 15.5%. The average home sales price, however, was up over 4% from 2007 while the national average was down 12.4%. Areas like Las Vegas, Houston and Phoenix had drops ranging from 28% - 37%! Although it was our lowest sales in five years and a lower total volume than the past two years, we are still better off than most of the nation!!!

Labels: Brian Preston, Home Market Report, Home sales, kay pratt