Did bad weather drive down home sales? Don't believe the hype, says Olick

The National Association of Realtors blames bad weather for a 7.6-percent drop in pending home sales in January. After parsing the association’s comments and talking to a meteorologist specializing in the affect of weather on business, Diana Olick of CNBC concludes that NAR’s excuse is “hooey.” (Visited 47 times, 1 visits today)

North Pond Lagoon with skyline - 2610 N Cannon Dr

The National Association of Realtors blames bad weather for a 7.6-percent drop in pending home sales in January.

After parsing the association’s comments and talking to a meteorologist specializing in the affect of weather on business, Diana Olick of CNBC concludes that NAR’s excuse is “hooey.”

(Visited 47 times, 1 visits today)