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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (36890)7/25/2005 11:21:55 AM
From: Ramsey Su  Read Replies (1) | Respond to of 110194
 
realtor.org

June appears to be a peak month for 2004 also.

With the new "pendings" report that NAR started this year, March April and May were all strong months. It is only natural that June should have strong closings.

realtor.org

Same should be truly for July closings. It would be interested to see if June pendings are staying up. We will know at 10:00 est on Aug 1.



To: russwinter who wrote (36890)7/25/2005 11:31:00 AM
From: CalculatedRisk  Read Replies (1) | Respond to of 110194
 
2.653 million units in inventory. I guessed around 2.7 Million for June and I expect July to be much higher (From the data we are all looking at in San Diego, Sacramento, Vegas, Boston, D.C. etc)

The Price jumps in the Midwest and South indicate the bubble buying attitude is spreading.