And the Excitment Grows, But Over What!

| February 24, 2012

Wow…every one’s celebrating like it’s 1999, but it isn’t…try 2012? And…we continue to see record lows of Completed Houses for sale.  Anyone still want to celebrate about this? www.zerohedge.com

Real Estate Existing Home Sales Continue To Fall

| June 22, 2011

Considering that we’re in the summer buying season, this is bad news….. Purchases of existing homes fell 3.8% in May from the prior month to an annual rate of 4.81 million homes. At that pace, sales this year would drop below last year’s 13-year low of 4.91 million. At the same time, the price of […]

U.S. Existing Home Prices And Sales Fall February

| March 21, 2011

Sales of U.S. previously owned homes dropped more than forecast in February and the median price dropped to $156,100 from $164,600 one year ago.  Sales of U.S. previously owned homes dropped more than forecast in February and the median purchase price declined to the lowest since the same month in 2002, indicating the housing market […]

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