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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Les H who wrote (153243)2/25/2002 12:50:56 PM
From: benwood  Read Replies (1) of 436258
 
I agree that extrapolating from January to the entire year is completely misleading. Also, I would figure home sales would be up quite a bit this year, because unemployment has skyrocketed. A lot of people would relocate, or just sell. Inventory compared to last Jan. is up 14%. Cheap interest rates and slightly declining prices have helped keep the sales rates in line (judging from Seattle at least).

Next month if seasonal factors play a negative role then the number will be thrown out as an outlier. As opposed to an out-and-out liar...
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