By: Dennis Norman

Dennis Norman — Wed, 02 Dec 2009 16:27:03 +0000

Moneyagent,
Thanks for your comment…I have to admit I’m a little surprised that you think I am giving false hope…In fact, I have for some time been skeptical of the hype given to real estate sales data by the media and have worked to present what I think is a little more accurate view of the numbers…if you look over some of my other posts you will probably see this theme….Yes, I do report published stats, in this case from NAR, but then give my opinion and sometimes my own analysis for what it’s worth…in this post I cite some of the reasons for my doubt about the housing market being in any sort of recovery which include unemployment, foreclosures, mortgage delinquences, etc….I agree this is a huge problem and until these things subside there is no way we can have a “recovery” of the housing market…I just recently did a post on another blog about the new home sales numbers that the media was hyping…it is worth a read, again I have cast the numbers in a whole different light and from, what I believe is, a more realistic approach…it is at:
http://realestateconsumernews.com/real-estate-market/new-home-sales-in-us-through-october-up-5-1-percent-or-down-24-1-percent-from-a-year-ago-take-your-pick/

By: moneyagent

moneyagent — Wed, 02 Dec 2009 15:46:34 +0000

your numbers are so superficial I am surprised u have a job. you actually use published stats and unreasonable propaganda to prop hope up to your public. where is the unemployment rate 10%? Take the next invitation to reality. Get your nose out of the media toilets and find the truth. more homes are being lost by the public then being bought by the public. shame on the ignorant poor people for believing any of your propaganda.

Comments on: Pending home sales rise for ninth consecutive month

By: Dennis Norman

By: moneyagent