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Loan Modification
: Mortgage Lender Implode-o-MeterNew Home Sales Up, Inventory Down
By Implode-Explode Heavy Industries
New home sales ticked up 0.3% in April from last month?s revised rate as buyers continued to work through months of inventory for sale.
April saw a seasonally adjusted annual rate of 352,000 new units sold, 34% below the sales rate seen in April ?08, according to a joint release published today by the US Census Bureau and the Department of Housing and Urban Development (HUD)
Full post as published by Mortgage Lender Implode-o-Meter on May 28, 2009 (boomark / email).
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