Bad news for Republicans....home sales rise in March

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    Re: Bad news for Republicans....home sales rise in March

    What Kirk is not saying is that home prices are down ANOTHER 10 or so percent.

    People are bailing, not selling.
     
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    Re: Bad news for Republicans....home sales rise in March

    In Response to Bad news for Republicans....home sales rise in March:
    [QUOTE]More buyers signed contracts to buy existing homes in March than the previous month, according to a monthly survey just released by the National Association of Realtors. The Pending Home Sales Index rose 4.1 percent from February and is now 12.8 percent higher than March of 2011. “The housing market has clearly turned the corner,” said NAR chief economist Lawrence Yun in a release. “Rising sales are bringing down inventory and creating much more balanced conditions around the country, which means home prices will be rising in more areas as the year progresses. http://www.cnbc.com/id/47178967
    Posted by Kirk6[/QUOTE]
    Republicans hate good news. That's why Faux News is always so negative.
     
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    Re: Bad news for Republicans....home sales rise in March

    In Response to Re: Bad news for Republicans....home sales rise in March:
    [QUOTE]What Kirk is not saying is that home prices are down ANOTHER 10 or so percent. People are bailing, not selling.
    Posted by skeeter20[/QUOTE]

    Exactly!   Many of us are stuck, immobilized.  I'm thinking it will take at least another five to ten years to be able to get out in one piece.
     
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    Re: Bad news for Republicans....home sales rise in March

    Actually sales are up because prices have apparently bottomed out at 2002 prices, which is almost the same as 2000 pre 911.  So the Obama Administration wants to take credit for getting us to the bottom...nice.

    Bush with the help of the Dem Congress drove the economy into the ditch and Obama spun the wheels and mired us into the mud.
     
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