Friday, April 22, 2011

'How to Read a NAR News Release' - and Other Friday Links

The Big Picture covers the Data-Spin-BS found in all National Association of Realtors Press Releases, using as an example March's Existing Home Sales, which declined 6.3 % from last year.

As Home Prices Keep Declining, 40% of March Sales Were Foreclosures, and 35% Were All Cash Investors

Americans are now more pessimistic about the economy than they were two years ago, deep in the Great Recession.

As shoppers cut their spending, "Going Green" is no longer a priority.

Charles Hugh Smith has the charts that show  "Our 'Let's Pretend' Economy.

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