New home sales hit a 12 year low in December and sales were down 4.7%.  This is the 8th straight quarter of declines in new home sales.  New home prices were down 10.4% year over year from 2006 to 2007.  This just shows that we are still in the housing correction and prices are still headed lower.  This is why it is important that you hire a strong realtor to negotiate a great price for you as a buyer.  If you are a homeowner needing to sell you must hire a realtor with an agressive marketing plan and strategy to position your home to sell quickly as home prices continue to fall.

For more great market insight and industry news visit my website at http://www.zensellshomes.com/ or my blog at www.zensellshomes.com/blog.asp.