Home Sales Soar by Record Level

[uscitizen]

Home Sales Soar by Record Level

The gain in sales compared to March is the biggest jump in 14 years.

http://money.cnn.com/2007/05/24/news/economy/new_home_sales/index.htm?cnn=yes

 

[Battleborne]

BS!

Home Sales Soar by Record Level

The gain in sales compared to March is the biggest jump in 14 years.

http://money.cnn.com/2007/05/24/news/economy/new_home_sales/index.htm?cnn=yes

Sales are down...the only ones that sell are repos and people selling for a loss to avoid a repo...the market is crashing....blame it on those real estate jockies who artificially inflated the market price and greedy lenders giving fake low interest rates only to raise them after the buyer signs the deal...

Thus the cycle continues...!


Personally I believe that commodities that are needed such as housing,food,utlities,fuel,medical etc should be off limits for excessive profits...I have no problem with inflating prices on luxury items to include high taxes...just keep your hands off survival items...imho!

 

[uscitizen]

LOL, yep they are down, but they are way up from march


Just trying to give spinner a thrill.