Interesting but common sense observation from Mr. Mortgage

reggie@reggiemiddleton.com — Tue, 21 Oct 2008 01:00:00 +0100

When I first saw the headlines stating CA sales rose according to Dataquick, but half of them were foreclosure sales, I said, "... but that's bad news!". Mr. Mortgage elaborates .

Today, the daytime financial market variety shows are simply giddy over the DataQuick report saying ‘SOUTHERN CA HOME SALES ARE UP 65% OVER LAST YEAR’.

Sorry to rain on the pom-pom parade, but how I see it home sales worsened yet again last month. Let me explain.

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Blog Entries tagged 'Residential Real Estate'

Interesting but common sense observation from Mr. Mortgage