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(English) Today’s Talking Point 9/28/09

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2 comentarios
  1. Matthew Ferrara
    Matthew Ferrara Dice:

    Steve:

    Great blog! Congratulations – it looks awesome.

    What’s your thinking on a kind of “W” shaped recovery, where the right-side of the W is really a long, slow, upward curve? I’m concerned about the reports we’re hearing about the number of homes in “pre-foreclosure” at 30 and 60 day loan delinquincies, plus inventory that Fan/Fred have been sitting on, withholding from the market….

    Also, at the same time home sales dropped 2.7% it also looks like median pricing fell another $20k to about $177k nationwide. Since real estate is a commission business, that means even less earned income for the same – or more, considering funding times – amount of work.

    Would appreciate your thoughts!

    – Matthew Ferrara

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