Wednesday, January 09, 2008

Second Half of '08 Looks Good for Real Estate...

Yeah and those polls showing Obama up by double digits in N.H. were pretty reliable too...

But that's what NAR says here. I did have more closings in December than November, for the record. What's strange is that if you read NAR's release the facts are fairly dire. First, signed contracts actually declined month-to-month. Further, it acknowledges that mortgage and unemployment rates are rising and GDP growth is slowing.

I think after January '09 is when things get hopping again.

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