The realty market is flat. It's all a ploy to get the stock market to go up. All this false data comes out to manipulate people and the stock market. Things are just as bad as they were 6 mos ago except for the banks and the insurance companies and the auto makers are in better shape because they have received stimullus money. The rest of us are either unemployed, foreclosed upon, without raises and bonuses and increased expenses in the form of gas, utilities, medical, and higher and more taxes. Our spendable income is down to zero dollars. We can barely keep the roof over our heads and feed ourselves. Heat, a/c, gas, purchases, and entertainment are a thing of the past

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You can blame the Dems or you can blame the Repubs but all this started back in 2001 and 2002 under Bush and the Repubs in office at that time to starve off a resession that was going at that time, get your facts strait, the boom caused the bust.

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We have had 11 recession since the Great Depression, recessions are a natural part of the free market, to "recess" to reset prices to bring down inflation. Obama used it as a political tool and to print out and distribute a trillion dollars to his cronies. And his prediction? The economy will rebound in 15 months or so...well they rebound in about that time naturally without the stealing of a trillion dollars that will eventually bring us double digit inflation and keep us in a "forever crisis" where (like Bush and terrorism) Obama will have to "extraordinary things" to save us, like steal some more money, restrict more freedoms. Most of the trillion dollars printed has not been distributed yet so if the economy is already growing why spend the trillion bucks. Its not money in some vault, its just printed money that we all have to pay back, not Obama. People think Bush was stupid, well we have shown that we are stupid enough to buy into this Obama thing. Can we last til the next election? I am not sure.

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AT WHAT COST TO THE HOME OWNERS THAT LOST THEIR HOMES THE BANKS MADE MONEY AND THE HOME OWNERS LOST THEIR HOUSES AND FRANK AND DODD MADE OUT LIKE FAT RATS. SO DID FANNIE MAI AND FREDDIE MAC WITH THE BAILOUT CASH FORM THE TAX PAYERS.

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These sales are of the foreclosed homes at a ridiculous low price ...which dislocated or made families homeless. They could have been almost paid for and the people underwent some tragedy of life and lost their homes. But remember the banks didn't lose they made money hand over fist. Banks never lose...and if they do the govt insures their losses. I don't think I could buy a foreclosed home...it's like making a score on someone's misery. I don't think I would have any luck for doing so.

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I dont understand it. They (the gov. ) has been saying since 2002, inflation is in check, yet housing climbed in some staes 400 percent. Do they not count housing as a consumer expense ? Makes no sense to me. I think they are all idiots, and have been yanking our chain for a very long long time.

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What a crock! This is to buoy the sheep to think everything is grand. In reality the big institutional investors are getting their money out as fast as they can. Look at the volume of big bank sales. They always get out before the sheep are eaten. Bah Bahh Bahhhhh Bahhhhhckckchckckck!

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Of course those figures were created in Delusional land..That is the only place homes sales have went up..In a delusional political figures corrupt mind..

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Americans, if you have children then you need to start looking out for their future as well as you own. I'm tired of the manufacturing leavening this country for Eastern Asia, China in particular. They are a Communist, authoritarian, Confucian led country that will never be a democracy, and any thought of changing them into one by bringing capitalism there is a delusional dream. And apparently the delusion has taken the minds of our Congressman, mainly because the CEOs, who set up shop there, have bought their support through campaign contributions through K Street lobbyists. These same CEOs have no allegiance to this country, and we can assume that then Congress doesn't either because they certainly don't have our economic interests at heart. The problem is that they all believe in globalism and the trade agreements they pass show this, like NAFTA. The main culprit is the World Trade Organization, WTO, which is an organization that is set up in favor of 2nd and 3rd world countries like, China, to take advantage of us because if we have a complaint about cheating, then we get voted down, putting the US worker and economy at a disadvantage. Japan, China, and South Korea are good at taking advantage of this and are moving ahead of the pack in manufacturing economies. China now holds our debt, and has become a lobbyist in our government affairs through the use of American CEO's lobbying for them. In effect these CEOs have been brainwashed because they can't say anything bad about China because they will make it difficult to operate. So they must conform to the Confucian, authoritarians, and must never make any bad comments about how China treats its citizens. The growing East Asian Empire forces its worker and corporations to save by taxes, price fixing, and preventing imports coming in. They have a high saving rate so that they can use this money to reinvest back into their manufacturing sector, which is producing at very high rates, of 8% GDP. America's GDP in our prime was 4% GDP, when unions were strong, and manufacturing was strong. The reason the Asians can do this? They break the rules of the WTO, and our government stands back and lets them, and they are beginning to conform to them and act like them, as in authoritarian government, think bugging our phones and computers. They haven’t controlled our computers yet but have, through CISCO, designed and installed the controls on Chinese computers, and will, when they think they lose control, use that technology, to control our internet, and will probably have a reason like pornography as their excuse. So you have a choice here. Do you want to be Asian controlled or do you believe in America and your children’s future, then you need to act, and act now. We need to get of the WTO and start tariffs on all good being imported into this country and use that income to finance our manufacturing sector startups, pay down the debt, and reduce our trade deficit. Manufacturing is the only way we can reduce debt and the deficit to maintaining our economic well being and your children’s economic future. You make the choice and if you continue to stay comfortable you are thinking Confucian.

Chinese Confucian credo: “I am not at all sure that what my Confucian superiors ask me to do is right. But nothing I can do—and nothing any other individual can do—to oppose Confucianism will alter the outcome. In the meantime I can best advance my own interests by going with the flow.”

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ALL LIARS DOING WHAT THEY DO BEST AND THAT IS TO LIE TO AMERICA. VOTE OUT ALL OF CONGRESS AND START BRAND NEW! THESE GUYS ARE ALL THIEVES AND LIARS!!!!

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Total lack of regulation and oversight by the REPUBLICANS and GWB ruined this country. To blame Democrats is insanity. The republicans allowed big-corporations, banks, investment banks, and other robberbarons to run rampant on society and drive the economy into the worst recession in history. The fault lies squarely on their backs. It's that simple.

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Wow! A 2.4% 'jump'. That won't get us out of deep pit the housing market is in. This change is in the "noise" level.

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