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Bear Market

Hope for Housing?


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April 24, 2009 by admin 

Tim Iacono submits:

This report by Ben Rooney at CNN/Money takes a few rather ambivalent comments by impartial analysts and combines them with more drivel from a National Association of Realtors shill, interpreting it all as a hopeful sign for the housing market.

Despite last month’s decline, existing home sales appear to be stabilizing, according to Ian Shepherdson, economist at High Frequency Economics.

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