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Old 07-29-2008, 12:27 PM
 
1,489 posts, read 5,245,423 times
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New Home Market, Durable Goods Defy Gloomy June Views - Yahoo! News (broken link)

This is the first promising national news I think I have heard. It sounds like inventories are dropping, and prices may be trending back up again.
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Old 07-29-2008, 12:49 PM
 
Location: Sitting on a bar stool. Guinness in hand.
4,429 posts, read 5,807,967 times
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Originally Posted by coltank View Post
New Home Market, Durable Goods Defy Gloomy June Views - Yahoo! News (broken link)

This is the first promising national news I think I have heard. It sounds like inventories are dropping, and prices may be trending back up again.
Wow! We're saved! Thank ya Jesus!
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Old 07-29-2008, 04:45 PM
 
Location: Los Angeles Area
3,306 posts, read 3,557,114 times
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It sounds like inventories are dropping, and prices may be trending back up again.
Things always start to do better during the selling season, the numbers to look at are the year over year numbers. Everything is down from this time last year.

Also, this is just new homes. The market still has to deal with all the over building that was done over the last few years.
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Old 07-29-2008, 07:29 PM
 
523 posts, read 1,309,993 times
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Originally Posted by coltank View Post
prices may be trending back up again.
Please tell me you're joking...
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