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Live from MarketWatch
The Compound and Friends
What Are the Trends in New Homesales?
Luxury homesales had their biggest declie on reckor noceus. Never in the history of economics or our society have we turned the economy off and then turned it back on again with that set. The aberration was two years ago when real estate became the national pastime. And unfortunately, we don't really ever get back to normal. It's always a pendulum that swings too far in both directions.
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