September 25th. Sales of new homes in the U.S. fell in August to a 17-year low, signaling the housing market suffered another setback even before the latest turmoil in financial markets.
Sales dropped 11.5 percent, more than forecast, to an annual rate of 460,000, the fewest since January 1991, the Commerce Department said today in Washington. The median sales price dropped to a four-year low.
When you put together all the current events and our politicians responses to them, it is looking as though we are on a precipice that will make my comments from two years ago look downright optomistic.
We have a big garden at my house with a six foot chain link fence. And an SKS with a 20 shot loader. I understand deer is good but I’ve never tried ‘coon.
There is an interesting graph here:
http://seekingalpha.com/article/97187-record-decline-for-existing-home-sales
Hurts my eyes just looking at it.
Speaking of old threads that were eerily accurate, you gotta check this out!
http://www.freerepublic.com/focus/f-chat/1994684/posts