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  • Scott Says...

    In another sign that the housing market has hit bottom and rebounded the Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2% to 97.6 from a reading of 94.6 in June, and is 12.0% higher than July 2008 when it was 87.1. The index is at the highest level since June 2007 when it was 100.7. 6 months of increasing contract activity shows us that there is a very good chance the bottom of the market occurred prior to this rebound. Nobody will know for sure until more time goes by, but the astute consumer should take note.

    • Ed Says...

      Forget about the Mayan Calendar 2012 doomsday! Some mobile users are seeing the year 2016 on messages delivered in 2010. The Mayans had December 21, 2012 as 13.0.0.0.0 in the Long Count. Is the 2016 bug a result of bad string parsing? Poor binary to BCD conversion? The plot thickens...[via WMExperts]