National July Sales and Inventory Rise, According to NAR

According to the National Association of Realtors, sales of existing houses rose 3.1% in July. However, the number of houses for sale increased as well, up 3.9%. Of course, many of these sales are Foreclosure sales--as are many of the additions to inventory.Good news? For whom? For everybody who sold a house...but not for those still waiting to sell. Good news for those who are waiting to