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Home Sales Rise

There’s a headline being reported on a bunch of sites, the newpaper, and on TV news that home sales increased a few percentage points between January and February. While this is true, it’s kinda misleading. January we always have low sales because January’s sales come from December Pending Sales and December is always a slow month. So, I really wouldn’t call the rise between January and February a big deal, especially such as low percentage increase. Now if sales had fallen from Jan to Feb, that would be news as that never happens.

Written by Keith Byrd - Go to Keith's Website/Profile