Sounding the Horne
The world is changing. Listen to James Horne and his warnings on economics and politics.
Wednesday, October 28, 2015
PROPPED UP HOME PRICES......ANOTHER PESKY FACT!
PROPPED UP HOME PRICES
THE ONLY THING HOLDING UP REAL ESTATE PRICES
IS THE FEDS BALANCE SHEET....PERIOD!
ANOTHER 30 TO 50% DROP IS COMING AND THERE WILL BE NOTHING TO REVERSE THE FALL THIS TIME.
New home sales are plummeting and existing home sales, without NAR adjustments, show a negative trend.
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