think that a bird almost in the hand is better than one on the table...
{or something like that}
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As CR points out: "This is the first time since April 2010 that contract activity was above year-ago levels"
However, as others point out THAT month was immediately before the end of the last First Time Buyers Tax Credit - an abnormally high number of closing.
And, this is signings, NOT closings.
What will be will be. Or not.
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Pending Home Sales May 2011
http://paper-money.blogspot.
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