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Housing numbers disappointing...again
    Sorry, there is no real posting today.  I've been out on the golf course watching a 36-hole qualifier for the U.S. Junior Amateur held at the Golf Club of Avon in Connecticut.  Nice course in fine condition.  When we left an hour ago, it looked as if the qualifying number for four spots would be 142 or 143.  My son Tim shot 151, after a good morning round of 73.
    I was greeted at home by the latest housing numbers that were not only bad for May but the U.S. Department of Commerce also revised downward the jump in demand number for April (by about 50,000 homes).  The supply of unsold homes is up to about seven months worth.  Median price of new homes also dropped.

Tuesday, 26 June 2007 12:25
Last Updated on Tuesday, 26 June 2007 12:27
 

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