believe them when they tell U.S. that FHFA sales numbers do not matter.
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And, then remember that since the RE collapse FMae&FMac and FHAnVA
have been (y)our ONLY source of mortgage financing.
So, what they currently think they see...
is what only they are doing.
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Might not be "perfect"
but hardly irrelevant
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FHFA Monthly Home Prices: October 2011
http://paper-money.blogspot.com/2011/12/fhfa-monthly-home-prices-oc
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