Wow! My how things have changed. Economists were thinking home values were going higher in July than the 0.3% print we received from the Federal Housing Finance Agency. Give me a break! A 0.3% rise when unemployment is dancing with 10% isn't bad at all. This is a bullish sign in our opinion, and is further evidence that things are moving in the right direction.
Talk to you,
Todd M. Schoenberger
Managing Director
LandColt Trading, Inc.
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