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As anyone who’s ever tried to sell a house will tell you, bad weather can definitely affect your ability to sell a home. If the weather is terrible, nobody comes out to shop, nobody makes offers, and sales numbers fizzle. Well, we’ve just witnessed the “bad weather” impact on a national scale. After three straight months of steadily rising home sales nationwide, the stretch of stormy and frigid weather that hit many parts of the country in the early Spring took a chunk out of home sales numbers for the month — they were down by 8.4 percent. The chief economist for the National Association of Realtors, Dr. David Lereah, said the sharp decline was not a total surprise. “For months,” he said, “we’ve been expecting a weather ‘hit’ on home sales” — and it finally arrived with a solid punch. |
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