The other month I got a little excited about the sales results for September. I was not sure how exactly to interpret the raw data. Looking for a silver lining I indicated that indeed we may very well have hit bottom and on our way to a rebound. I was wrong. It was just a strike of lighting - real estate still suxs.
Compare the numbers above to the same period last year and see if you agree with the Press of Atlantic City, which claims the price of homes is on the raise. Remember, numbers don't lie, but liars use numbers.
So, I don't know how they came up with the news article or who in the National Association of REALTORS would release such mis-information to the public. I admit I was wrong on my last month optimistic view of the sales trend. Will they come forward and admit no one really knows what is going on in real estate?
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