Monday, August 29, 2011

Pending home sales fall 1.3 percent

Realtors say homes are good hedge against inflation, but home prices are deflating. Skip to next paragraphSoldAtTheTop 'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation. In both nominal and real terms home prices are still falling considerably. It is now a question of lending standards and consumers having the necessary confidence to enter the market. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. And don't forget to follow us on Twitter @CSMecon or Facebook. World » Russian spacecraft falls from the sky. Meanwhile, water distribution and other basic services are in disarray. Now purity is widespread, and the agency offers free in-home tests to city residents. Become part of the Monitor community 10,000 FB fans | 4,300 on Twitter | 50K Email subscribers ( sign up. Realtors

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