BAC -$159MM foreclosure -32 story tower w/ 1 occupant

Quote from S2007S:

I thought everyone was running back into the housing market...


:p :p :p :p :p
More...

Remember after the tech crash a stock could go up $0.50 in a day and it was "biggest gainer of the day"?

Well if you sell 8,000 units/ month, then 8 units per month, then 9 units/ month, you have realized a 12.5% increase in housing sales; biggest month over month gain in 58,000,000 years!!!

The rate of decline in values has subsided. Whether that is temporary or not will be determined over time.
 
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