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


To: John Vosilla who wrote (39466)8/23/2005 12:18:53 PM
From: CalculatedRisk  Read Replies (1) | Respond to of 110194
 
Flips are counted as sales (so they increase the sales number slightly), and I think, after the first sale, the house is considered "existing". I've never seen an exact description from NAR. I trust the Government numbers more (New Homes tomorrow).