Where have all the down payments gone? 
Commentary: An 'odd freeze' descends on housing market
By Lou Barnes, Friday, January 6, 2012.
Piggy bank image via Shutterstock.com.It is an election year. In addition to the distorted economic "analysis" offered by the ever-cheerful stock market channels, CNBC and Bloomberg, political interests will add their garbled gabble all year long.
Today's reports of 200,000 new jobs in December and unemployment down from 8.7 percent to 8.5 percent were greeted with happy bugles from the usual suspects. Ignore that, and watch the markets themselves.
more...
Copyright 2012 Lou Barnes
All rights reserved. This article may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this article without permission is a violation of federal copyright law.

