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Tuesday, Feb 26
Jan. New Home Sales: 437K vs. 381K expected, 393K prior (revised from 369K).
Jan. New Home Sales:
vs. 381K expected, 393K prior (revised from 369K).
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Median number of months for sale for new homes now 4.7 months...
that number hit an all time high of 14.4 months back in March 2010...
completed new homes for sale still at a near rock bottom 43,000....
26 Feb, 10:08 AM
Try moving all the foreclosed ones before building new ones.
JP Morgan Chase just announced they were laying off 13 to 15,000 workers from their mortgage division by 2014 , not the securities one but the bread and butter mortgage issuance one. Must be part of that housing recovery JP Morgan sees down the road
26 Feb, 10:17 AM
into dark shadows
you are spot on!
Amazing how you can get whatever figure you are after, just choke the foreclosure pipeline a little and all SEEMS well!
26 Feb, 12:00 PM
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