The Justa & Lars Honors Bob Brinker Investment Club Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Justa Werkenstiff who wrote (14815)	6/26/2000 10:45:00 PM
From: Tradelite	Read Replies (1) of 15132

Justa...re: your comment <<Check out existing home sales just reported. They surged 4.3%>> ____________________________ I'm just a lurker on your thread, an avid listener of Bob's, and someone who's been in real estate biz many years. Get a little antsy when people talk about home sales figures. Fact is, home sales figures involve contracts written anywhere from one to about three months ago but which didn't settle until the last reporting period. To put it another way, settlement (closing) dates sometimes happen long after the home was actually chosen and "bought" by the buyers, when they were in a buying mood and the economic climate supported their decision. Economic climates can change on a dime....or anytime the Fed acts. To explain it yet another way....... No one knows how many homes I and other agents have had under contract at any one time. The world only finds out when the homes actually go to closing (settlement). The economy can change quite a bit during the interim. Hope this contributes something new to the good conversation on this thread.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next