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Old 12/21/11, 2:55 PM
Gary Farnsworth Gary Farnsworth is online now
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Location: Olathe, KS
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Default Re: Pending home sales surge.

You can write down any number you want. It will not be correct. In fact, anyone, company, or association can print any number that looks right. Who is?

http://www.foxbusiness.com/industrie...urge-21-in-3q/

Everyone needs to understand that the NAR is very upset over the Senate. Last Friday, the two-month extension was introduced, and there is a provision in there that Feddie and Fannie can add a monthly fee of $15 to $30 per month on any new home mortgage, all to help pay for this "legislation".

The NAR is very upset with it, and are releasing these revised numbers, all to "upset" the legislation. Gotta love politics.



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