Protected: MacroData

Posted: December 30th, 2009 | Author: Wayne Weddington | Filed under: Opinion |  Email This Post Comments Off

Brown shoots

Posted: November 9th, 2009 | Author: Wayne Weddington | Filed under: Opinion |  Email This Post Make a Comment »

It’s a head fake.

“Bank sales of foreclosed properties accounted for 21 percent of all U.S. home sales in September, Zillow said. Such transactions made up 74 percent of sales in Merced, California; 69 percent in Stockton, California; and 68 percent in the Las Vegas area.”

Bloomberg.com, November 9, 2009 00:01 EST