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This spring many buyers put in bids they could not live up to. The housing market witnessed an astonishing 50% escrow fallout rate
http://ochousingnews.com/news/will-dwindling-supply-cause-prices-to-rise-or-sales-volumes-to-fall
Don't believe everything you read on the news Taputu, it's just like George Carlin said... a bullshit junction. Stats are manipulated and always skewed to prove a certain point.
Pending home sales up 5.9%, at 2 year high.
And todays sales volume is the same as it was in 1997.
I guess you really are a liar aren't you?
Why do you lie?
And 1997 was a turning point year after the early 90s bubble... So your point is we have bottomed just like in 1997 and are goin up from here?
http://finance.yahoo.com/news/pending-home-sales-match-two-140408350.html?l=1
Pending home sales up 5.9%, at 2 year high.