Monday, August 29, 2011

home sales fall

Home sales fell again. This is not good news. People, there is no recovery. At least the hurricane was not as destructive as some did fears, but we have a poor economy. Jobs are an ingredient that is missing. Well, we do certainly need more. I expect to see more down drafts in property prices. Banks are holding on to houses hoping that prices will go up. I have some bad news. People got no money.

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