Monday, March 24th, 2008
I was just reading the latest housing market commentary on the National Association of Realtors website. I had to chuckle a bit as the NAR commentary tries to paint the best picture of the housing market possible. I guess my perspective, knowing the financing/debt markets better than most average people, allows me to see through [...]
Posted in Home Sales, News, Real Estate | No Comments »
Monday, August 27th, 2007
What is seldom reported by our amazingly accurate media is that the NEW home sales figures do not include cancellations…which is what has been hurting big home developers recently. The new home sales figures are bloated simply because they decide not to include deals that are no longer in contract…that makes sense.
Today, the National Association [...]
Posted in Home Sales, News, Real Estate | No Comments »