re: #257 sattv4u2
,,, OT ,,,,
Pending Home Sales See Biggest Rise in More Than Seven Years- AP
Pending U.S. home sales in April posted the biggest monthly jump in nearly eight years, a sign that home sales are finally coming to life after a long and painful slump.
[Link: finance.yahoo.com…]As many if not all economic indicators keep turnimg upwards, can we now PLEASE start contacting our congesscritters to put a HALT on the “stimulus” spending not yet in the pipeline? Seems as if the economy is self stimulated without the 95% + of the monies not scheduled to be spent until a year from now and beyond
These home sales are most likely the houses that were foreclosed on, and were selling for a song, and are not indicative of true home sales.