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Loan Modification

: Mortgage Lender Implode-o-Meter

Southern California home sales slide in August

By Implode-Explode Heavy Industries

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"Sales continued to decline in August, falling 2.1% from July and 13.8% from August 2009, following a 21% nose dive in July, when the boost from the federal government's housing tax credit program evaporated. Last month's figures were the worst for an August since 2007, when the housing bubble burst, and the second-worst since 1992. "

Full post as published by Mortgage Lender Implode-o-Meter on September 15, 2010 (boomark / email).

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