[Joe Hadenuf]

Real-estate is the only safe game in town.

[AxelPaulsenJr]

Love the headline tag!

[69ConvertibleFirebird]

Woo, Hoo!!!! More great news for the economy! The democRATs are hating it!

Now if the idiots in my county government would build the roads to carry all of the traffic from the new development...

[Wright is right!]

All of the evening news shows will paint this as "bad news for the economy," since these new homeowners will have little left after their transactions to spend on other consumer items. They will also manage to find home buyers who took their money OUT of 401(k) plans to use as down payments, because of "fears about the economy."

I should write for these guys. I know their template designs perfectly.

Michael

[the Deejay]

How can that be!? All I keep hearing about is how many people are out of work!

[lewislynn]

Home sales in the Northeast of the country soared 82.5 percent, the largest rise since April 1993, while the sales rate in the South set a new record.

I think someone got their decimal point in the wrong place.

[JIM O]

7.3% increase in people forced to put their furniture in trucks during March!

[warchild9]

This trend will reverse when the inevitable rise in interest rates begins.

[GOPJ]

Love it:

"US new home sales surge in March (suicide watch initiated at Reuters)"

[Grampa Dave]

Yep, the suicide watch is set. We must watch out for all members of the left wing mediots who are praying for economic disaster in America. Just like they prayed for hundreds of thousands of American Body bags returning from Iraq.

Include the 3rd party gold bugs who pray each day for a crash in our markets.

Include the mentally ill, who claim to be conservative but want America to fail under President Bush.

[Grampa Dave]

Established homes in the N. California Wine country are selling very fast.

Homes in the price ranges of $900,000 to 1.5 Million in March and April if they are in good shape are selling in 4 to 6 weeks with backup buyers.

A friend who is a recent widow, put her home up for sale for $965,000 sold her home with two back up offers when her agent held an open house for the real estate people.

One of the agents invited a contractor who specializes in remodeling the upper range houses before the new buyers move in. He bought the home and two other realtors at the open house made backup offers. He is now in the process of a $150,000 upgrade/refurbing of the house. He will live in it a couple of years and sell it at a big profit. He has done this several times the past two decades.

[Tauzero]

Meanwhile, existing home sales plunged in March.