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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (90710)9/27/2007 10:24:57 AM
From: Smiling BobRespond to of 306849
 
Just what the Dr ordered.
HBs having one of those funny rallies in response.
The mkt should be up 300 points. Surely the emergency rate cut will reignite home sales. Keep that BBY loading area greased up.



To: ChanceIs who wrote (90710)9/27/2007 10:31:21 AM
From: CalculatedRiskRead Replies (2) | Respond to of 306849
 
Graphs of the UGLY New Home sales data ...
calculatedrisk.blogspot.com

Notice all the downwards revisions to previous months too. I bet the 795K number is too high.

We haven't seen Augst sales at this level since '95!