So much for the bump

From Reuters:

Pending home sales drop to 10-month low in November

Contracts to buy previously owned U.S. homes fell in November to their lowest level in nearly a year, a sign rising interest rates could be weighing on the housing market, the National Association of Realtors said on Wednesday.

The group said its pending home sales index, based on contracts signed in November, dropped 2.5 percent to 107.3.

“The brisk upswing in mortgage rates and not enough inventory dispirited some would-be buyers,” the NAR said in a statement accompanying the figures.

Analysts polled by Reuters had forecast a 0.5 percent increase last month.

The November index was at its lowest level since January and 0.4 percent lower than in November 2015, the NAR said.

Across the nation’s four regions, contracts rose 0.6 percent in the Northeast in November, but fell 2.5 percent in the Midwest and 6.7 percent in the West. They fell 1.2 percent in the South.

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32 Responses to So much for the bump

  1. Essex says:

    Trump’ll save us……yee haw.

  2. Fast Eddie says:

    Trump’ll save us……yee haw.

    Just showing the other guy the door is a big start. The same guy still reaching for a legacy.

  3. Chicagofinance says:

    Bump At least it’s not a baby bump

  4. Essex says:

    8:08 Day Late. Dolla Short.

  5. Funnelcloud says:

    Obama’s legacy
    He intends to leave the same kind of destruction behind that the Iraqi army left when retreating from Kuwait , only politically.

  6. nwnj3 says:

    Blamer’s a failure. The world has already moved on from him and so should we.

  7. Fast Eddie says:

    Obama is a bitter. The emperor is frustrated that the world does not see his greatness. He will leave a nation in debt, angry, divided and his party in shambles.

  8. clotpoll says:

    and the new guy is a racist, deadbeat, liar and s#x pred@tor. his cabinet are also a bunch of sun-staring fascists.

    good times.

  9. clotpoll says:

    there’s no explaining away a canker sore like drumpf by some sort of comparison to bomma. bomma’s a chicago hack machine politician who simply didn’t bust things up too badly during his eight year preamble to making millions on the rubber chicken circuit. drumpf is a full-on narcissist and fascist who will hasten the apocalypse.

  10. clotpoll says:

    drove my daughter’s car back to nj from chicago a couple weeks ago. crossed all of ohio, indiana, pa and can assure everyone here that drumpf doesn’t get near the presidency without millions of fat, oxy-@ddicted, unemployed white morons to pull the lever for him.

  11. clotpoll says:

    every gas station convenience store between the delaware river and chicago is staffed by oxy-@ddicted bags of seal blubber in metallica t-shirts and walmart sweatpants.

    like something out of wall-e.

  12. clotpoll says:

    evidently, you can buy sausage bacon cheese biscuits in gas station convenience stores using ebt cards. also works for extra spicy beef jerky.

    it’s also ok to nod out at the wheel of your ford focus in the parking lot.

  13. Fast Eddie says:

    drumpf doesn’t get near the presidency without millions of fat, oxy-@ddicted, unemployed white morons to pull the lever for him.

    As opposed to the ones that elected Bamma?

  14. nwnj3 says:

    Guess I hit a nerve with my blamer comment. I guess this guy would prefer to live in the fantastic world of political correctness and globalism. So, yeah, I’ll side with the rust belt losers.

  15. chicagofinance says:

    Would you rather be killed a sleep-apnea afflicted narcoleptic driver, or a fentanyl-addled person DUI?

    clotpoll says:
    December 29, 2016 at 12:01 pm
    every gas station convenience store between the delaware river and chicago is staffed by oxy-@ddicted bags of seal blubber in metallica t-shirts and walmart sweatpants.

    like something out of wall-e.

  16. chicagofinance says:

    I once bought a chocolate shake at a DQ in the Sound Bend rest stop, and then had to diarrhea in Youngstown on the shoulder of 76 due to the ensuing food poisoning……good times….

    clotpoll says:
    December 29, 2016 at 11:57 am
    drove my daughter’s car back to nj from chicago a couple weeks ago. crossed all of ohio, indiana, pa and can assure everyone here that drumpf doesn’t get near the presidency without millions of fat, oxy-@ddicted, unemployed white morons to pull the lever for him.

  17. Funnelcloud says:

    Fast Eddie no reasoning with clot poll he’s bought into the libtard propoganda bullshit machine. First let’s look at the welfare. Blood Clot will show you nice colored graphs showing the 20percent welfare number in republican Kentucky (unemployed coal miners thanks to the democratic machine) and will have the gall to point out the meager 11 percent number in Libby world California. The math shows a different result 20 percent of 4 million (Kentucky population) 800 k vs 11 percent of 48 million or approx 5.5 million, one can see that Libby land CA has a much greater number of welfare junkies sucking the gov’t tit and pays out far more in benefits almost 34 percent of the countries entire welfare budget goes to ca with 20 percent of that money going to LA and San Francisco recipients. A good percentage of the 5 million are (let’s be PC) NON Resident immigrants. Do I need to point out how they voted? There’s your popular vote count difference bought and paid for by the American tax payer, wanna talk fascism Obama’s ransom payments to Iran, releasing terrorist and supporting the interest of Palestinian terrorist. Now liberals like yourself want to change the election process, take US history out of colleges using the professorial propaganda machine. Hillary would have been same old same old, Obama was a weak leader and Just like all liberals a sore loser. Take your race card, your sexism, sexual orientation card, and shove em where the sun doesn’t shine , cry baby

  18. nwnj3 says:

    I think it’s too optimistic to assume the cry babies are going away. In fact I think they’re just warming up.

  19. Ben says:

    Karma’s a b1tch, ain’t it?

    https://www.insidehighered.com/news/2016/09/20/berkeley-may-remove-free-online-content-rather-complying-disability-law

    I did a lot of working in making several online education platforms compliant to these regulations. A big waste of time and very useless. Every video requires a written detailed description of what’s happening for the visually impaired. Every video also requires a transcript for the hearing impaired. Videos were created so kids don’t have to read a book. Now we create a f*cking book for those that can’t hear the videos. Why didn’t we just give them the book in the first place?

  20. Essex says:

    What Clot’s sayin is it’s dead…and it aint coming back.

  21. Essex says:

    1:28 i like the cut of your jib, sailor.

  22. Comrade Nom Deplume, Dental Floss Tycoon says:

    Did some wiki research on the historic home across the road from me and came across this (admittedly old) story that lists my town as one of the best Philly burbs.

    Not sure if the appellation is still correct but it may be. It’s a pretty hard thing to tell.

    http://www.phillymag.com/articles/best-places-to-live-2006/

  23. Comrade Nom Deplume, Dental Floss Tycoon says:

    Ben at 1:46

    I recently used a phrase that fits these regs perfectly: An elephant is a mouse built to government specifications.

  24. Clotpoll says:

    yeah. me. well-known liberal.

  25. Clotpoll says:

    white bags of oxy-@ddicted gristle? oh, the horror! we must provide compassion and gubmint assistance to fight this public health crisis!

    black folks @ddicted en masse to crack in the ’80s? round up these animals, put ’em in the penitentiary forever. three strikes & you’re out!

  26. Clotpoll says:

    i’m glad to be able to have a place like this site, where i can drop in and be reminded that i support not teaching history in college.

  27. Clotpoll says:

    much in the same way inner city blacks have been patronized for votes then abandoned by the dumbocrats, the drumpfublicans patronize rust belt white trash.

    the jobs are gone. most of them weren’t offshored…they were handed over to robots and lagos. trump will royally stiff this nodding constituency.

  28. JJ says:

    I’m picking out a hat for our New Year’s celebration, currently trying on a tinfoil bonnet.

    Is it possible that Obama is a bought-and-paid-for Saudi puppet?

    TPP/Veto override/Russia, Russia, Russia/fcuk Israel, etc.?

  29. Fabius Maximus (who has an earlier bottle than Moose!) says:

    My Grandfather had one saying that will always stick with me.
    “I will read anything, as long as the print is big enough. I may not agree with it, but I will read it, and form my own opinion.

    http://cbldf.org/2016/12/14-books-cbldf-defended-in-2016/
    “the board decided, and even students in grades 10-12 must have signed parental permission to read it”

    I will sign a permission slip to let my kids read anything.

  30. grim says:

    Jeez, a guy takes a hiatus and everybody forgets who he is?

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