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Thursday, November 15, 2007

NAR Lies

I wanted to do a post on retailers.  But then I saw a post about NAR and couldn't resist it.  We have seen how NAR has been downwardly revising their estimates.  We are at a point where no one listens to those shills.
 
But Seth Jayson, of Motely Fool has taken their numbers and put them in a context.  Their numbers will only get worse as time goes on. 
 
Great job Seth for showing NAR lies. 
 
Existing home sales have are 11.68% below their January estimate.  And new home sales are 15.99% below their January estimate. 
 
 
 

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