Tuesday, October 20, 2009

Permit Fall Signals Housing Weakness

Click on the title to link. We believe it is premature and irresponsible for anybody to say we are out of this recession at this point. As we have said before, many of the positives out there are directly derived from stimilus efforts. Those are "false positives". And until they get the real estate market stabilized (and it is not even close) then we cannot and should not claim we are out of the woods.

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