Real Estate Sales Of Tomorrow, Happened Yesterday (Or 2002-2006 As May Be The Case)

| April 1, 2011

Governments are STUPID……Last week we found out that fewer new houses were sold in February than in any month since they started keeping records in 1963….yep, the more you give somebody, the more they become reliant on it, then when it stops, they don’t know what to do.  We’re seeing this same thing happen over and over.  […]

Was The Housing Pending Sales Number Really That Good?

| December 2, 2010

Let’s dig a little deeper on this subject…..Here’s what Bloomberg had to say about this morning’s reported jump in pending home sales (signed sales agreements). Pending sales of U.S. existing houses unexpectedly jumped by a record 10 percent in October, indicating the industry at the center of the last recession is stabilizing as the job […]

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