We weren’t really sure what to think of the recent housing relief package being pushed through the Senate right now — it does have bipartisan support, after all — but now we can firmly say we’re against it. Why? That’s easy. Because CNBC’s Cramer is for it. Has nothing to do with the actual merits of the proposal.
Now we KNOW the housing bill is a bad idea
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
