Appraising in Delaware, the Blog...

Sales of new homes fell like the snow in February.  Unemployment and the high number of foreclosures also helped to drag down the market.  Purchases of existing homes fell 2+% which was not expected by economists.  The figures were released by the Commerce Department yesterday.  Treasury Secretary Tim Geithner stated yesterday that it would take a "long time" to correct the embattled housing market.  Read more about this story on Business Week by clicking here