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Strategist
2014 Mar 25, 8:43am
I think 25% minimum down was the norm at one time.
I also believe we had some level of sanity and responsibility at one time, not so long ago...............
Yeah, let's go back and regain that sanity.
Idiots screwed up a working model so bad they're scared to even fix it.
I think 25% minimum down was the norm at one time.
I also believe we had some level of sanity and responsibility at one time, not so long ago...............
Yeah, let's go back and regain that sanity.
Idiots screwed up a working model so bad they're scared to even fix it.
What really broke the model? Greed and a sense of entitlement to it.
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http://abcnews.go.com/Business/wireStory/us-home-sales-drop-33-percent-february-cold-23049207
http://www.reuters.com/article/2014/03/25/us-usa-economy-idUSBREA2O10I20140325
They are spinning it as a one or five year high but the reality is new home sales are bouncing along 30-40 year lows.
and of course blaming the drop on the weather