Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (54146)	8/2/2006 10:14:55 AM
From: mishedlo	Read Replies (3) of 116555

BOSTON--(BUSINESS WIRE)--Aug. 1, 2006--Sales of Massachusetts single-family homes fell steeply in the second quarter to the lowest figure for the comparable time period since 1995, according to a report issued today by The Warren Group of Boston. * * * "[T]he number of homes sold is lower than at any time in 11 years," said Timothy M. Warren Jr., CEO of The Warren Group. "That slowdown, though, is a market correction, leading to a soft landing and not a plummet in prices." home.businesswire.com Why should anyone want to buy services from someone who says something as stupid as that? Seriously we are in mid air and ground may be 30,000 feet below. We have not landed yet so how does anyone know how soft it will be. Mish

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