Pending home sales rebounding

http://money.cnn.com/2009/06/02/real_estate/April_pending_home_sales/index.htm

This article is about how home sales are decreasing because of the economy. People are scared to buy new homes because morgages have gone up. home prices are now starting to fall.home prices are now down more than 30%, according to the S&P/Case-Shiller Home Price Index.this is to try and get more people to buy homes.I cant disagree or agree with this article because homes are going to be sold for less but morgages are still going to be high.I picked this article because its good information to know. i would use this article again to inform future home buyers.