Monday, August 25, 2008

Realtors' Spin

Don't you just love the spin from Realtors?

Sales of existing homes rose in July, surpassing expectations...

Then the reality-check: buyers snapped up deeply discounted properties in parts of the country hit hardest by the housing bust

And it gets more interesting:

the number of unsold properties hit an all-time high

Which is not really the Realtors' problem--but it's making homebuilders unhappy.

1 comment:

sasi said...

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