Comments about ‘New-home purchases fall, 2011 worst ever for sales’

"WASHINGTON Fewer Americans bought new homes in December, making 2011 the worst sales year on record."

This doesn't sound like an improving economy.

"If anyone tells you America is in decline, they don't know what they are talking about",Obama's state of the union address. Obama is the one who doesn't know what he is talking about! Facts don't lie, but he does!

Falling home sales is not a sign of a worsening economy, it's the sign of a heaing economy. Home prices need to fall even further because they are still unrealistically high. Heaven help us if prices are kept this high and it's considered a good thing by economists!

@worf and mountanman

no by all means lets keep building new houses while there is still so many existing homes on the market thanks to the failed policies of the past administrations. Thanks for once again illustrating that the far republicans just don't get reality.

'This doesn't sound like an improving economy.' - worf | 9:07 a.m. Jan. 26, 2012

Of COURSE it dosen't.

You hope Obama 'fails.'

Well, isn't THIS, what you wanted?

Regardless of:

**'Obama proposes broad refinancing for homeowners' - AP - Published by DSnews - 01/25/12

'WASHINGTON President Barack Obama is proposing a program to allow homeowners with privately held mortgages to refinance at lower interest rates.
The program would cover both loans issued by government-controlled mortgage giants Fannie Mae and Freddie Mac and private mortgage lenders. Congress would have to approve, a difficult hurdle.' article

Obama trying to HELP Americans to keep their homes.

Instead of:

**'Bush signs $700 billion bailout bill' - AP - Published by Denver Post - By Tom Raum - 10/03/08

More Wall Street Bail outs?