Kurt Brauwer sure isn’t buying the good-news housing market narrative:
Both types of homes have fallen drastically in sales volume, but new home sales have fallen much, more. So, take note of this information when you see a piece about how strong new home sales are. They are still very low by historical standards.
File under: Curmudgeon party pooper
An update: Good news — with a caveat. … One of these days there won’t be a caveat. But when?
