Thursday, August 14, 2008 



A real estate sign, adorned with  an  'In Escrow'  sign, is seen in the Van Nuys, section of Los Angeles, Tuesday, July 8, 2008. A measurement of pending home sales rose in June in a rare piece of positive news Thursday, Aug. 7, 2008, for the beleaguered market. (AP Photo/Richard Vogel)Reuters - The value of existing U.S. single-family homes in metro areas fell 7.6 percent in the second quarter compared with the same period in 2007 with homes in the West tumbling 17.4 percent, the National Association of Realtors said on Thursday.

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