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That was actually in the link in my post above from the NAR release:
I know, but my problem is I won't trust NAR data.
Battle Ground article came last year between the NAR and I
May 7, 2013 Yun was boasting that demand is there and only held back by inventory and I counter that when Housing Inflation runs on both fronts ... that is the main item you should be worried
Watching them back track on everything and now complain about affordability has been nice to see
However, their core thesis is still wrong. It's not tight lending it's the economy STUPID..
Something Mark Zandi still doesn't get
http://loganmohtashami.com/2014/01/27/mark-zandi-its-the-economy-stupid/
If you thought today's number was bad wait until next month, it's going to be worse
real estate commissioned sales persons' best advice:
"I sure you will get this lovely home if you offer 50% over listing price but you need to make the offer,immediately."
It will be interesting to see the next pending sale number. December's numbers were very soft which leads to the next existing home sales number to be weak.
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http://loganmohtashami.com/2014/02/20/mortgage-purchase-applications-running-out-of-time/
#housing