A REAL ESTATE sign is posted outside of a recently sold home, in Valrico, Fla. Sales of previously occupied U.S. homes surged in February to the fastest pace in six months as homebuyers seized on a modest drop in mortgage rates and slight pullback in prices. The National Association of Realtors said Tuesday that existing home sales jumped 14.5% last month from January to a seasonally adjusted annual rate of 4.58 million. / ASSOCIATED PRESS / PHELAN M. EBENHACK
LOS ANGELES (AP) – Sales of previously occupied U.S. homes surged in February to the fastest pace in six months as homebuyers seized on a modest drop in mortgage rates. The nation's median price also edged lower, its first annual drop since 2012. Existing home sales jumped 14.5% last month from January to a seasonally…
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