Replies to post #552616 on Zeev's Turnips Patch-No Politics (ZEEV)

[Jerry Olson]

anyone watching the bonds and yields???

very bullish if you ask me...

[RCKS]

cannabis
my favorite being a twins fan is a.j. pierzynski for nathan, bonser and liarano.

[See Shasta]

I always thought trading Nolan Ryan was the worst Mets trade ever.

[marketmaven]

OT-Bambino? Tough curse to finally break...
(Like carrying leap housing puts for a year to get even)

Caramba! Can Move.com FIRE David Liarah??
US home sales fall; properties for sale at record high
Jun 25 10:33 AM US/Eastern
http://www.breitbart.com/article.php?id=070625143302.8c7xj2mj&show_article=1

Sales of existing US homes declined unexpectedly in May, dashing expectations that the struggling real estate market would show an uptick in sales, an industry survey showed Monday. The National Association of Realtors (NAR) said existing home sales dropped 0.3 percent to an annualized pace of 5.99 million last month. TRY 5%

May's sales pace defied Wall Street forecasts which had predicted a sales clip of 6.00 million units. YEAH, BLAME THE BUYERS !! The realtors' association blamed the sales decline largely on nervous buyers being reluctant to commit to a property purchase. Experts say tighter mortgage lending standards and mounting home foreclosures have also impacted the market. DUH !

The report also showed that the number of homes for sale across the United States continued to rise last month, increasing five percent from April to a record inventory of 4.43 million properties. That represents an 8.9-month supply at the current sales pace, according to the NAR. BOOYAH !

The monthly snapshot showed that falling prices -- following a long boom in the property market that ended last year -- did not drum up improved sales last month. The median sales price fell 2.1 percent to 223,700 dollars compared with May 2006. The US property market has been in a slump for over a year, partly as consumers have been buffeted by spiking gasoline costs.

The latest NAR figures show existing home sales are a hefty 10.3 percent below the 6.68 million-unit pace of May 2006.


Copyright AFP 2005,