"New home sales fall a SURPRISING 3.6 percent": Yahoo!

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   fishskinfreak2008posted 14 years ago

   Whether this is surprising or not, this should be another slap in the face for CHINA, the country that insists that the financial crisis is now over.

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      Mark Knowlesposted 14 years agoin reply to this

      Surprising? Deary me. How many million foreclosures on the books? And new home sales fall? Shock horror!

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         TimTurnerposted 14 years agoin reply to this

         It's surprising because I believe it rose last month.

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            ledefensetechposted 14 years agoin reply to this

            That was because of the $8,000 dollar tax credit to people who bought a home.  Once that went away, gee look, demand fell.  There was no real recovery.

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   ledefensetechposted 14 years ago

   There's nothing surprising about it.  Once the stimulus money is gone, the economy slumps again.  Looks like all that stimulus money has been wasted because there is no real recovery.  Oops.

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   Flightkeeperposted 14 years ago

   Why would the media call it surprising.  They're in the news business, they know unemployment is high, they know that businesses are closing, they know that with all the sales that profits are down.  Do they think people are too stupid to see the manipulation?  If the media was any further up Obama's ass he doesn't have to worry about calling them to show up for a press briefing.

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   habeeposted 14 years ago

   We're looking for a good cave to purchase.

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      Jeffrey Nealposted 14 years agoin reply to this

      Here you go, habee...a cool 2 million gets you this one in AZ:
      http://thecavehouse.com/

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   habeeposted 14 years ago

   Thanks, Jeffrey. I was thinking of one in the Southeast. There's a big one in Tennessee with a huge underground lake full of blind trout. They'd probably be pretty easy to catch.
   
   Oh, and by the way, will you loan me the $2 mil? lol

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   wsp2469posted 14 years ago

   The truth of the matter is that homes have always been too expensive.  Considering that any idiot who can pass a simple test after taking a class can SELL you an over-priced house this shouldn't be surprising.
   Personally, I don't think you should be able to make a lot of money selling ANYthing that is essential to sustaining life.  I don't care if this IS America.  there should be more laws and regulations regarding the sale of food, shelter and water.
   Now that the dumbasses who tried to make a profit on selling homes (instead of just buying one to live in)have gotten into trouble and all the people who really should not have been given mortgages in the first place have gone under people are getting smarter during these hard times.

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   habeeposted 14 years ago

   Hey, Jeffro - I just fanned you and discovered you're from the Southeast, also! Why for you tryeth to selleth me cave in West??

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      Jeffrey Nealposted 14 years agoin reply to this

      Hmmm, I didn't know about the one in TN.  Now where is that number for my stinkin' broker?
      
      Thanks for fanning me!

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   Ghost32posted 14 years ago

   Well, at least I know I did not contribute to new home sales.  Got a new home in the works, all right, but I'm building it on bare land, by hand, single handed.  Don't think that'll help those government numbers  one bit.

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