Single family homes to a record low

New single-family home sales unexpectedly fell in February to hit a record low, and prices were the lowest since December 2003, a government report showed on Wednesday, suggesting the housing market slide was deepening.

You can read more of this story at the following link:

http://www.msnbc.msn.com/id/42230083/ns/business-eye_on_the_economy/

I am posting this news article simply to make the newer investors aware of the economic climate that we are in. You can make money in these times, but you have to be smart about it. Read, study and do research. Don't just throw stuff on the wall and see what sticks. You will lose money by doing this.

Remember: Read, Study and do Research.