Jamesb101.com

commentary on Politics and a little bit of everything else

Home Sales are up…….

The Economy is gaining steam…..

Even though the state’s are now in trouble with their budgets….

And Home Sales are starting back up for the spring…..House prices will follow…..

The National Association of Realtors’ index for pending sales of existing homes rose by 8.2% in February, surprising economists, who were expecting a 0.5% decline. The increase suggested the extended tax credit for homebuyers, which is set to expire at the end of April, is helping to spur home sales.

John Chisholm, chief investment officer at Acadian Asset Management, said that while the stock market had one of its fastest, strongest rallies last year, the gains in stocks so far this year have come in “a more normal environment.” He added, “it’s definitely been moving in a positive direction on average but it hasn’t been the same kind of sharp rally we saw last spring.”

Mr. Miller said the smaller gains in recent months have come amid concerns over valuations, which investors are thinking could already be pricing in strong first-quarter earnings. The reporting season unofficially kicks off next week.

More……..

April 5, 2010 - Posted by | Breaking News, Government, Home, Media, Other Things, The Economy, Updates | ,

12 Comments »

  1. I am afraid your Obama spin doctoring LEADS to your own sons death because Obama is a WAR president that likes to SELL ARMS which leads to war going on longer

    such is the TRAGEDY in your life..

    I have had the same such MISFORTUNE when I defended George W Bush and his DRUG WAR lead to much harm to many I knew

    ALSO

    it is along the lines of me having PRIOR KNOWLEDGE( over a telephone conversations) I was going to be raped and not taking the threat Serious enough

    http://www.independentmail.com/news/2010/mar/25/housing-markets-recovery-appears-risk/

    The latest sour news came Wednesday, when the Commerce Department said sales of new homes fell last month to their lowest point on record. It was the fourth straight drop.

    “While bad weather could well have suppressed the February result, it was dismal no matter how one tries to slice and dice it,” wrote Joshua Shapiro, chief U.S. economist at MFR Inc.

    That news followed a report a day earlier that sales of existing homes fell for the third straight month in February, to their lowest level since July.

    Comment by Timothy Peter Leal | April 5, 2010 | Reply

  2. TPL…the link is a week old…..

    Comment by jamesb101 | April 5, 2010 | Reply

  3. STOP being a hater!…..

    Comment by jamesb101 | April 5, 2010 | Reply

  4. I am not a HATER

    I am trying to save your son’s life

    You are so blinded by your crush on Obama you cant see things are getting FINANCIALLY worse

    Comment by Timothy Peter Leal | April 5, 2010 | Reply

    • WOW, fantastic Comment Timothy. One of the best comments for sure.

      Comment by Daniel G. | April 5, 2010 | Reply

      • there is a VALID reason Daniel-san left the Democrat party

        Comment by Timothy Peter Leal | April 5, 2010

  5. You cant spin doctor the bad news

    Unemployment reached its highest level in 34 years in NC,SC,GA,and FLA in February 2010

    the price of unleaded gasoline is on the rise

    Interest rates are UP

    NEW home sales are down, the new housing project near my house might NEVER finish( although I will MISS the woodlands it destroys)

    Comment by Timothy Peter Leal | April 5, 2010 | Reply

    • Are you wishing us bad luck?

      This sounds so much like before the recession……

      All you guys cried about was the place going in the toliet…Gheeez GLA with the maeket!

      The darn thing is gonna go thru 11,000 soon!

      Comment by jamesb101 | April 5, 2010 | Reply

  6. Timothy,

    Those leftist Obama Policies have to end. There has to be more Check-and-Balance in DC. Our depth is driving me crazy. The GOP was right in 2008: Dems are big Spenders.

    Comment by Daniel G. | April 5, 2010 | Reply

    • That’s …..Straight from the GOP playbook…

      Comment by jamesb101 | April 5, 2010 | Reply

  7. Listen you two…..Obama is the president….

    Live with it!

    The Dem’s own the House and Senate right now…..

    Live with it!

    Comment by jamesb101 | April 5, 2010 | Reply


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