LCM

Pending Home Sales Pop

the most absurd assumption is that "companies like Ethan Allen" will be helped....the majority of purchases at such retail establishments were using home equity lines to buy such big ticket items....well that option isn't readily available anymore...that will actually HURT companies like Ethan Allen going forward. Not mention they opened way too many new stores during the last 5 years....there will be a major contraction in number of locations. It's already happening, they're just hiding it from shareholders and investors... Kathwari is very good at painting a "rosey" picture...