December 21, 2011
Calculated Risk: Existing Home Sales Revisions
The NAR has characterized this as "drift", but this shows a fairly sharp downward revision to 2007 data.
Since we know the National Association of Realtors is completely unbiased and made up of only the most ethically responsible business professionals, we can only assume that the odds were split evenly between being a downward revision and an upward one.
Further, let's turn 5 years worth of 14.6% inadvertent mistakes into opportunities!
Buy 6 homes at the regular price and we'll count a 7th home as being sold for free! Just pay separate commissions. Ask your realtor about a special bonus offer if you complete the purchases within one year from today.*
Fine Print Disclaimer: If I seem biased, it is only because I don't want to ever ruin my chances of becoming the next Chief Economist at the NAR. David Lereah and Lawrence Yun are my heroes!
* Double your intelligence or no money back! - Gary Larson
No comments:
Post a Comment