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lol. gotta love those slimy real estate agents. Anything bad is temporary and unexpected. Anything good is a trend.
notice how they cherrypick whether they want to highlight the "month-over-month" change, or the "year-over-year" change, depending on which one seems more optimistic.
lol. gotta love those slimy real estate agents. Anything bad is temporary and unexpected. Anything good is a trend.
notice how they cherrypick whether they want to highlight the "month-over-month" change, or the "year-over-year" change, depending on which one seems more optimistic.
The drop in sales was a surprising given that pending home sales contracts rose in May, but the NAR noted the cancellation rate rose to 16 percent from 4 percent in May.
I wonder if these realtors hang with the economist that what ever the news it is unexpected. These are probally the same economist who are predicting dire circumstances if the debt ceiling is not raised. By now you would think people would catch on and what ever they predict will expectedly be wrong.
Point is, there was never a recovery, there isn't a recovery, and barry, who is run by soros, has made things dramatically worse for the economy and America in general. This is just another indication of how badly we are doing under his administration and their policies.
Why did so many more people back out of the contract???
Many buyers are backing out of their contracts because they are trying to purchase properties that are advertised as SHORT SALES and the banks that hold the mortgages are dragging their feet on approving them. The buyers are pulling out and moving on to another property because they are tired of waiting.
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