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Thursday, March 26, 2009

03/26/09 Is It Chris Fountain's Fault That Housing Prices Are In Recovery

"Yes We Can Have A Housing Recovery !!!!!!"

Maybe There Will Be A Housing Recovery Is In Spite Of Chris "Doom And Gloom" Fountain "Talking Down The Local Market" At His "For What It's Worth" Blog......

Theregalcourier.com

... Michael Darda, chief Economist, MKM Partners in Greenwich, Connecticut. "Home prices should begin to flatten out after inventories fall to 7-8 months, which we expect before the year is over"...

Strong jump in US home sales fuels hopes of turnaround
The Independent
... "There is hope," suggested Stephen Stanley, the chief economist at RBS Greenwich Capital in Greenwich, Connecticut. "This is exactly the progression that needs to happen, so today's data represents an ...

Inventory Collapse Shows U.S. Taking `Important Step' to Economic Recovery
Bloomberg Business News
... Stephen Stanley , chief economist at RBS Greenwich Capital in Greenwich, Connecticut, said in a note to clients, “This is exactly the progression that needs to happen, so today’s data represents an important step on the road to recovery.”

The report bolstered forecasts that the world’s largest economy will begin to expand in the second half of the year after a likely contraction in the first six months of 2009. Retail sales, residential construction and home sales last month have all been stronger than most economists projected.
...Retail sales, residential construction and home sales last month have all been stronger than most economists projected......
.....Sales of new houses unexpectedly climbed 4.7 percent to an annual pace of 337,000 last month from a record low in January, the government also reported today. Two days ago, the National Association of Realtors said purchases of existing homes rose 5.1 percent, also confounding forecasts of a drop.

FOR THE RECORD:

The Independent Greenwich Roundup Switched Sides And Bailed Out Of The Failed Policies Of The Bush Administration, While Chris Fountain Has Chosen To Be A Die Hard Conservative Republican Supporter To The Bitter End

Luckly The Majority Of Greenwich Voters Agreed With Greenwich Roundup And Not The Fox News Wanna Be Of Lower Fairfield County, AKA, The Green Kitty Litter Liner, AKA, The Greenwich Time

Ex-Greenwich Time Managing Editor Jim Zebora Was Out Of Sync With His Readers When He Chose Not To The Local Hearst Newspaper Endorse Barack Obama.
The Crazy Part Is That The Local Newspaper, That Greenwich Blogger Bill Likes To Call The "Yellowich Time", Will Benefit Financially As Housing Ads Start To Once Again Roll In Under This New Administration That They Opposed.

Soon Greenwich Realtors Will Be Saying .......

"Yes We Can, Once Again Start Selling
Million Dollar Houses In Greenwich"

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