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To: Fred
Existing-home sales rebounded in February, climbing above expectations, but prices plunged again.

"but?" maybe "because"?

2 posted on 03/23/2009 7:25:53 AM PDT by NonValueAdded (May God save America from its government; this is no time for Obamateurs. Emmanuel = Haldeman?)
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To: NonValueAdded

Right up there with “crime keeps going down, but we keep building more prisons”


3 posted on 03/23/2009 7:28:50 AM PDT by ProtectOurFreedom
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To: NonValueAdded

Yep. But it’s far worse than one might glean from this article. This weekend I was looking at houses in a certain town south of Silicon Valley. In five blocks, maybe 100 houses, there were four houses listed for sale (nothing surprising there) but there were eight houses that were completely abandoned that don’t show up on any “retail” real estate listing site.

Note that these houses were built in 2006 and all were in excellent shape. And one of them had never been occupied.


6 posted on 03/23/2009 7:34:00 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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