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The Advocate  Sell high, buy low. Selling the pricey digs in high-cost markets, such as New York and Los Angeles, and buying into a low-cost market.via


Wall St rebounds as cheap shares attract buyers  U.S. stocks rallied on Tuesday, snapping a three-day losing streak as opportunities to buy cheap shares in beaten-down sectors like financial services enticed some investors back into the market after


Despite Fed cuts, mortgage interest rates creeping up (Sun-Sentinel)  South Floridians are inundating lenders and mortgage brokers with requests to lower their house payments, reacting to the Federal Reserve's recent interest-rate cuts.


Home Building Society posts $10m profit  West Australian financial institution Home Building Society Ltd has posted a 62 per cent jump in annual profit, to $10.14 million, as more people take out mortgages.read more...


Mortgage Applications Fall to Year's Low  U.S. mortgage applications slid to this year's low as demand for loans to purchase homes fell last week to the lowest level since November 2003 despite a drop in interest


Jury dings undercover program  Butte High grad Brian Smith, 21, has always taken pride in his clean criminal record.read more...

May 31st, 2007

More on Existing Home Sales

NAR reported that existing home inventories are at record levels today. To put these numbers into perspective, here are the year-end inventory and months of sales numbers, since 1982 . via Calculated Risk



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