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AP: Will Do Anything for Positive Housing Headline

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18

April 15, 2009 – Comments (2)

Homebuilder sentiment index "soars."

Ha.

While still near historically low levels, the Washington-based trade association said Wednesday the index rose five points to 14, it's highest reading since October.

Index readings lower than 50 indicate negative sentiment about the market.

In other good news, I stepped in a pile of dog poo this morning. Last week, it was bear poo, so you can see why I'd be so excited about it.

2 Comments – Post Your Own

#1) On April 15, 2009 at 2:20 PM, kdakota630 (29.46) wrote:

LOL!

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#2) On April 16, 2009 at 12:38 AM, Wharrgarbl (52.42) wrote:

The real question is how can they put a positive spin the foreclosure data???

"The number of American households threatened with losing their homes grew 24 percent in the first three months of this year and is poised to rise further as major lenders restart foreclosures after a temporary break, according to data released Thursday."

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