From The Burning Platform:
… The headlines are again blaring housing recovery and Larry Yun is out yapping about it being the best time to buy. Existing home sales “surged” in April to an annual rate of 4.62 million.
They were 4.6 million in February.
They were 4.62 million in 1998.
They were over 5 million when Obama was luring dimwits into the market in 2010 with his homebuyer tax credits.
It is now two years since…