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Housing Market Bottom


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#1 redfoliage2

redfoliage2

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Posted 23 March 2007 - 12:07 PM

If you trust the house flippers data you are a little naive. "Sales cannot be sustained at this level, which is way above the pace implied by mortgage applications," said Ian Shepherdson, chief economist at High Frequency Economics. HGX up today but it's sell. :bear: