Wednesday, August 25, 2010

keeping the balls in the air

this from my washington post feed:

"The Commerce Department says new home sales fell 12.4 percent in July from a month earlier to a seasonally adjusted annual sales pace of 276,000, the slowest on record dating to 1963.

The numbers are the latest sign that the economic recovery is fading."


depending on which side of the fence you're on, that's either good or bad. but you know, since about 1973 or 1975 house prices have soared. and the rule is that whatever goes up, must come down. i'm just glad we aren't desparately needing to sell ours.

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