housing market

While news like this provides me with job security for some time to come, I'd gladly give up my job in a second if it meant the end to homelessness in our country.

NewsChannel 5.com - Nashville, Tennessee - Organization Offers Help To Avoid Fore

The NAR reported that existing home sales, including single-family, townhomes, condos and co-ops, increased 2.0% in May to a seasonally adjusted annual rate of 4.99 million units.

I was speaking with a home/commercial builder from our church recently. He's been very successful and is a smart businessman. He seems to be able to analyze and predict trends fairly well and had readjusted his business several years ago in preparation for the coming changes he saw in the market.

Pssst. Let me let you in on a little secret. This is exactly how the housing market began crashing in northeastern California and northwestern Nevada a couple of years ago. The inventory increased but prices held for a while, until folks got panicky and then started lowering their bottom lines.

But he thinks we should do it anyway:

Reuters reports that the housing market continues to tank. (You can buy my Franklin, Tenn. home by clicking here!)

Sales of previously owned U.S.

George Will provides us with a different perspective on the housing debacle....

In October 2005 I wrote a post asking for a higher gas tax; I wanted taxes to create $5 gas. The idea (and by no means was it my idea) was that a higher gas tax would accomplish 3 things:

Chris Kromm is tracking reports of robo-calls in NC that may be attempts at identity theft but more likely aimed at voter suppression (see here).