How well to you think the media will respond to this? Is Wall Street listening?
Seeing as how everything bad that has happened to the economy has been blamed on housing, this news should be shouted from the rooftop. My guess? It won't.
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No Dennis - this has already been reported in the press. The reason for the increase is because there are so many banks that want to unload their houses that they picked up after defaults - distressed sales.
So, what are trying to saying anyway? That this means that we have turned the corner?? That the economy has not "tanked" - as you have contended for a long time? That the "fundamentals" are strong.
Most experts predict a long recession - are you saying otherwise? My guess is that you don't even know that you don't understand.
Go ahead - just try too explain it so that makes some economic sense!
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