August 2, 2009

Market News - August 2009

New home sales soar 11 percent in June
Largest monthly increase in more than eight years…supply cut to 8.8 months, read more

California home prices moving up
Existing single family inventory in Southern California now at just 4.1 months supply, read more

Quadrant Homes increases building 33% in Washington
"Quadrant is the 800-pound gorilla in this market. Maybe they'll be the leaders, and the rest of us will follow along." Read more