Scott Symon
The Market As predicted, sales nationwide slowed this summer. This was due in part to the end of federal tax credits for homebuyers. Despite the slower volume of sales, home values have been steady for the past 18 months. Comparing home values from July 2009 to July 2010, NAR chief economist Lawrence Yun, reports that the price of homes increased .7%. Also, Yun reports that annual sales averaged 4.9 million in the past 20 years. But for 2010, annual sales are expected to reach 5 million because of the healthy activity from January to J ...