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Loan Modification

: Mortgage Lender Implode-o-Meter

New Home Sales and Bear Market Math

By Implode-Explode Heavy Industries

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"Given that housing leads recoveries (more specifically housing starts followed by new home sales), this is another nail in the coffin that suggests there has been no recovery except in financial assets. Moreover, that financial recovery is only a result of unsustainable stimulus that is now quickly fading into the sunset."

Full post as published by Mortgage Lender Implode-o-Meter on July 28, 2010 (boomark / email).

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