Thursday, May 24, 2007

Sales of new U.S. homes rose 16.2 percent in April, the sharpest climb in fourteen years

You have to Love to see/hear those numbers. Now that all the Part timers and get rich quick types have been weeded out, will the Real Housing Market please stand up? Builders have also adapted to inventory supply and demand, welcome back to ECON 101 Community College style (late starters, but just as good as state and private schools).

The best time to buy is when an item is unpopular, it’s CYCLICAL!!!

To read more:

http://www.cnbc.com/id/18841019

or

http://money.cnn.com/2007/05/24/news/economy/new_home_sales/index.htm?postversion=2007052411

No comments: