Saturday, September 5, 2009
Housing far worse than advertised?
Blogger Barry Ritzholtz discusses housing in today's economy. He's not impressed by the National Association of Realtors numbers and blames them for spinning the truth. He reasons that the increase in sales price was limited to a small group of budget condos in eastern United States. He continues by saying the condos do not represent the economy and housing market in general.
Hmm..he sounds convincing. Thoughts?
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