New home sales fall a shocking 11.2% + Foreclosures make up 26% of home sales + Home prices near 2009 lows & may fall more = Grab a second-home bargain

[mEDITate-OR:

not see something very odd going on...

----------    Regional Numbers show this:

In the West, sales pulled back

in January, falling 36.5% to 66,000 units

after a 62.5% jump in December.

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What we thought was totally rediculous last month...

is shown to be that this month.

However, that does NOT tell U.S. what is really true.

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New home sales fall a shocking 11.2%

http://money.cnn.com/2011/02/24/real_estate/january_new_home_sales/index.htm
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Foreclosures make up 26% of home sales
http://money.cnn.com/2011/02/24/real_estate/foreclosure_sales/index.htm?iid=EL
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Home prices near 2009 lows -- and may fall more
http://money.cnn.com/2011/02/22/real_estate/december_home_prices/index.htm?iid=EL
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Grab a second-home bargain
http://money.cnn.com/2011/02/17/real_estate/buying_second_home.fortune/index.htm?iid=EL
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