Housing #'s down 3.9%%%% 848,000 didnt get the 7% jump

did you see the markets dropping about a minute before the #'s came out.


Dow dropped about 42 points before the # was even read.
 
It's amazing that CNBC is reporting about how AMAZING it is that the market went down so fast on housing numbers...as if that wasn't a good reason to go down. :D
 
Quote from stock_trad3r:

It wasn't that bad though

we will rebound later this week

I know cause I am right and stockpickr is wrong

that is all that matters
More...

You'll always slay me with sound logic.
 
This lessens the possibility of a rate hike. Less inflation=good for markets

Also it is best to get these bad numbers out of the way


let the sellers keep dropping it cause thats what they indtended to do since last week when the markets didnt budge on thurs or fri

all the sellers wanted to sell and now they have a reason to

The buyers will step in and drive the markets higher again
Tthe key is interest rates. They wont be going up anytime soon.
 
You guys fail to see the positive aspects about the housing market falling. Right now there is an army of people out there waiting on the sidelines waiting to get into the market.

The positive aspect is that these folks will finally be able to get an affordable house.

I guess the negative aspect is that some people will experience a 30-50% decline in their house value. Especially those who live in California...
 
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