June Numbers will Worsen… Lending is tightening, ARMS resetting, RE FRAUD, Swelling Inventory etc., etc, etc…I believe we are at THE TURNING POINT where SIGNIFICANT PRICE DROPS will begin occuring ALL OVER THE SOUTHLAND. Once the MSM sinks their teeth into this, they will milk it all summer long, making it worse and worse and worse.
Can’t spin the Month to Month figures anymore.
Can’t barely spin the Median (B.S.) figures anymore.
Can’t spin the Year over Year figures anymore.
Can’t spin JACK !
Even Bernanke is now TRYING to do DAMAGE CONTROL with Subslime. He knows his ship is sinking..
CHECKMATE !!! NAR, CAR, NAHB, Mortgage Brokers, Banks, & RE Agents. GAME OVER…
