Special offer

Home Sales Dip as Unsold Inventory Persists from the WSJ

By
Real Estate Agent with RE/MAX Star Properties BRE#01124318 & 01174047

"Some 60% of the 109 economists and other analysts surveyed by MacroMarkets LLC expect home prices to decline this year, up from 40% in May."

via online.wsj.com

I found this amusing. If their numbers are right, at 66% the economists are no better than the Supreme Court Justices at arriving at a consensus, and probably no more accurate than our local weather announcer when they do.

Posted by

Drew & Christine Morgan

"Helping People Make Good Decisions"sm

REALTORS | Notary Public

www.morganhomes.com

info@morganhomes.com

(650) 508-1441 DIRECT

(650) 590-4525 WORK DIRECT

DRE# 01124318/01174047

Paula Hathaway, REALTOR, LBA
Douglas Elliman Real Estate - Southampton, NY
...A Local Expert in all The Hamptons

Very funny--I think everybody is so afraid they will be wrong about this housing market--MillerSamuel does my company's quarterly reports and the good news here is that the number of sales doubled for the 2nd quarter here...Good luck to you in your market!

Jul 26, 2010 02:42 PM