Pending Home Sales Up in July

From CNBC:

Pending home sales rose just 0.5% in July

U.S. home buyer demand remained steady in July, although consumers did not react significantly to easing mortgage rates. An index of so-called pending home sales from the National Association of Realtors, which represents signed contracts, not closings, was basically flat, rising 0.5 percent from an upwardly revised June reading.

The index is now up 7.4 percent from one year ago. Pending sales slipped in June but had otherwise been rising for five months.

“Contract activity in most of the country held steady last month, which bodes well for existing-sales to maintain their recent elevated pace to close out the summer,” said Lawrence Yun, chief economist for the NAR in a release. “While demand and sales continue to be stronger than earlier this year, Realtors have reported since the spring that available listings in affordable price ranges remain elusive for some buyers trying to reach the market and are likely holding back sales from being more robust.”

Pending home sales in the Northeast increased 4 percent July from June and in the Midwest were unchanged. In the South, sales increased 0.6 percent. The West was the only region to see weakness, with pending home sales down 1.4 percent for the month.

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51 Responses to Pending Home Sales Up in July

  1. 1987 Condo says:


  2. anon (the good one) says:

    We need commonsense reforms to keep weapons out of the hands of criminals, the violently unstable, domestic abusers, and terrorists.

  3. anon (the good one) says:


    48 children are wounded or killed by guns in the US every day #guncontrol

  4. A Home Buyer says:

    5 –

    3,000,000 Children have been involved in car accidents from 1999-2008. Of which 526,000 have been injured.

    That is 821 children per day involved in life altering madness and 144 PER DAY resulting with mild injuries to execution by automobile. Surrender your CO2 polluting environmental doom’s day machine to the Authorities and stop this madness.

    Think of the children you prick. #IdiotControl

  5. D-FENS says:

    The “children” statistic, is know to include people in their twenties…including folks like the two in the below article.

    Officers spotted the teens, 15 and 17, tucking handguns into their waistbands shortly after 6 p.m. on Calhoun Street, just after they allegedly fired into the North 25 apartment complex, police spokesman Lt. Stephen Varn said.

    anon (the good one) says:
    August 28, 2015 at 7:58 am

    48 children are wounded or killed by guns in the US every day #guncontrol

  6. Libturd in Union says:

    In most cases, they are shooting each other. This results in increasing numbers of affordable housing units. How can one be for gun control and affordable housing simultaneously?

  7. Alex says:

    I’m in favor of Anon not having guns or a driver’s license.

  8. joyce says:

    or an internet connection

  9. leftwing says:

    “48 children are wounded or killed by guns in the US every day #guncontrol”

    Oh the children…..the last refuge of charltans and l1ars


  10. leftwing says:

    Lib, explain that Shell receipt. Station not that convenient but close enough. Assuming it is a one-off?

  11. Libturd in Union says:


    Unless you want to become an Advantage Play gambler, you won’t get that deal. It’s one of the perks I earned last year from Caesars. It’s 40 gallons of gas for free per month for a year. I am so cheap, I bring a 5-gallon fuel container with me since the discount is dispensed as (2) 20-gallon trips. So after the car is filled, I fill the can. I think I paid for gas twice this year. It all adds up. BTW, I’m up nearly 70K gambling this year, not counting perks or comps. I’m talking nothing but the increase in my bank account. Who says the house always wins. BTW, the perks equally add up to another 10K, not counting the free suites.

  12. leftwing says:

    I’m actually at Caesars more than I would like to admit. What do you play?

  13. Libturd in Union says:

    There’s only one game to do this on. Video poker. 9/6 Job is the best, but 8/5 BP is still doable when your comp multiplier is 10X or over. Play at Bally’s, not Caesars or Harrah’s. Stay wherever you like. Bally’s offers triple the cashback of the other two. Not sure why, but they do. Study, study, study. It takes a lot of luck to win 70K off of 3 million through. My theoretical cash loss should be $12K. But the perks could easily be worth $20K. Heck, the number of free cruises, free lift tickets and suites in Tahoe, sports tickets with airfare in other cities that I give up number in the 100s easily.

    But it requires discipline and study. Two things most people lack. You must practice until you play at 100%. No getting drunk while you play. No gut calls. If you are dealt a flush that’s one away from a royal, you drop that one card. Less than one in 200 have what it takes to beat the house. You also must enjoy statistics, because they’ll be floating through your head in your sleep if you plan to run that kind of dough through the machines.

  14. Comrade Nom Deplume, the anon-tidote says:

    Nice takedowns of the idiot today. I am waiting for him to retweet how the 2nd Amemdment is used as cover for a white conspiracy to arm the minorities and let them kill each other off.

    Yeah, I’ve actually heard that one. Tin foil hats come in all sizes and colors.

  15. leftwing says:

    Wow. How much time do you spend there to push through that much coin?

    I’ve never played slots. BJ mostly, so very disciplined. Rating not that great, despite many times having some good action on the table. Been up big, down big, maybe that’s what they don’t like. Theoretically a wash. Need to figure out which games are rated the highest and put some play there.

  16. Ben says:

    Hey anon, how many of those 48 children are gang bangers shooting each other for control of their drug territory?

  17. Libturd in Union says:

    48 of them Ben.

    2 a week are unintentional. So of the 17088 children who die due to gang banging, only 104 are accidental. That’s .006 of all children who die from guns.

    Here are some other interesting stats since Adunce brought up the topic. Children under the age of 10–are more likely to die from accidental drowning or burning than accidental shootings. Americans of all ages are 51 times more likely to die from accidental poisoning than accidental shooting.

    So obviously, we need to ban poisonous chemicals, all liquids and fire too.

    I happened upon an article in the Washington Post that tried to claim these numbers can’t be determined. What a convenient copout when the facts don’t fit the point they are trying to make. I’ve said it here many times before. the NYT and the WP are equally as biased as FAUX News. People want to read and hear what they already believe. It sells a lot of papers!


  18. Anon E. Moose says:

    So much good stuff here today. I can go back to work. Tchuss!

  19. Pete says:

    #18, What article did you get those numbers from?

  20. Libturd in Union says:

    Hang on…

    I am truly embarassed by the source. Though, they must have better researchers than the WP!!!

  21. Pete says:

    “the 17088 children who die due to gang banging”

    I don’t know how you are getting those numbers but they are definitely wrong. Something like 200 children die a year due to firearms, about half of which are accidental. Also, just because its not an accident doesn’t mean it was due to gang banging. Murder/suicides count in those numbers.

  22. Libturd in Union says:

    I got my data from the progressive Twitter feed.

    48 children are wounded or killed by guns in the US every day

  23. Libturd in Union says:

    48 X 365 = 17520. Close enough.

    It’s progressive math. Leave out all details if it fits the message.

  24. Grim says:

    Who cares about kids #lionsmatter

  25. Libturd in Union says:

    It’s all about the lion cubs.

  26. D-FENS says:

    In anon’s defense, the vice tweet says “wounded” or killed. Not just dead.

    And the time I shot my brother in the butt with a bb gun when we were kids counts #whitebuttsmatter

  27. Libturd in Union says:

    I took a few pellets in the ass as a kid. Those fukcers heart. Not BBs, but pellets. I think we called them magnums.

  28. D-FENS says:

    What? you heart magnum fkuckers in your butt? Does your wife know?

  29. Libturd in Union says:

    Heart…hurt. Autocorrect is the wurst. :P

  30. Libturd in Union says:

    Heart or hurt. Autocorrect is the wurst. :P

  31. Libturd in Union says:

    “In anon’s defense, the vice tweet says “wounded” or killed. Not just dead.”

    I’ve never read his posts that closely.

  32. Banco Popular Trust Preferred Shares says:

    Lib: just curious…..are you on the spectrum? Nothing wacko, just what used to be considered mild Asperger’s?

  33. Banco Popular Trust Preferred Shares says:

    Here is something nice…..
    Of the advisors that used their corporate email accounts to register for the site, a shade better than 31% of them checked either the ‘male seeking male’ option or the ‘female seeking female’ option.

  34. NJT says:

    One summer afternoon (’77 or ’78?) I was pickin’ off mice running in and out of our chicken coup with a pellet gun. Bro and his buddy (not seeing me hidden behind a tree) went to walk in and get some eggs. Pegged him (brother) right in the middle of the right butt cheek as he was opening the door. The scream was unexpected. He ran up to the house telling his bud “I’ve been stung by a BIG bee!”.

    Quickly stowed the gun back in the garage (door was open…whew), ran into the woods and then a few minutes later back to the house. Mom asked where I was. Told her I was trying to kill the big water snake that was eating all the big trout (did get the bastard another time but he got a bite of me – still have the scar on my right bicep) when I heard the scream. Didn’t tell any of them the truth until a few years ago.

    Ah, being a kid growing up in rural NJ back in the 70’s…

    Never heard anyone tell a similar story until now.

  35. NJT says:

    *Capture not kill (that would be later via a neighbor) the water snake. Damn those things are NASTY! The only snake in NJ worse is (temperament)…none. Yeah, yeah Copperheads are poisonous but they don’t stand their ground or attack unless cornered. Watersnakes will CHASE you away from their fishing spot!

  36. Juice Box says:

    re # 34- Sure it was sausage fest.

    The 5.5 million women registered turns out weren’t even real.

  37. Anon E. Moose says:

    Banco [33];

    How exactly do you cruise right past A-none and Pump-n-stuff, among others here, and assert that Lib is the one who’s off-kilter?

  38. Alex says:

    PC police strike again.

    The University of Tennessee is urging incoming freshman not to use words “he” and “she”, since those maybe offensive to transgenders. Students should now use the gender neutral term “ze”.

  39. Juice Box says:

    Zer eyes gleamed in the night, and as I slipped my hand down zer shorts I felt a warmness not unlike my own.

  40. Banco Popular Trust Preferred Shares says:

    Did you see his description of video poker? He sounds like a poor man’s Michael Burry……

    Anon E. Moose says:
    August 28, 2015 at 5:02 pm
    Banco [33];

    How exactly do you cruise right past A-none and Pump-n-stuff, among others here, and assert that Lib is the one who’s off-kilter?

  41. leftwing says:

    In a casino the guy is Rainman (meant 100% as a compliment). $70k off of slots?! Need to get him to the BJ table with me.

  42. Grim says:

    If they really wanted to be progressive they would take the gender question off their application.

  43. leftwing says:

    In a casino the guy is Rainman (meant 100% as a compliment). $70k off of slots?! Need to get him to a blackjack table with me.

  44. Banco Popular Trust Preferred Shares says:

    We ‘the Sheeple’
    New evidence that partisanship drove Wisconsin’s John Doe.
    Government Accountability Board Director Kevin Kennedy. ENLARGE

    Wisconsin’s Supreme Court shut down the John Doe investigation of conservative groups in July, but it turns out the probe was even worse than the judges knew. Documents filed at the state Supreme Court opposing Special Prosecutor Francis Schmitz’s motion to reconsider show that partisan motives ran through those who conducted their operations in secret while using gag orders to silence targets.

    Wisconsin’s Government Accountability Board (GAB) regulates elections. Emails we’ve seen show that GAB staff, including Director Kevin Kennedy, worked with Mr. Schmitz and the Milwaukee Democratic District Attorney’s office to subpoena and intimidate the major conservative players in Wisconsin politics. The investigation coalesced around the controversy over Governor Scott Walker’s union reforms and pushed the liberal agenda to limit political speech.

    In an email to Mr. Schmitz on Nov. 27, 2013, GAB staff counsel Shane Falk encouraged the special prosecutor to keep up the good work and “stay strong” in his pursuit of conservative nonprofit groups and allies of Mr. Walker. “Remember, in brief, this was a bastardization of politics and our state is being run by corporations and billionaires,” Mr. Falk wrote. “That isn’t democracy to say the least, but due to how they do this dark money, the populace never gets to know.”

    “The cynic in me says the sheeple would still follow the propaganda even if they knew,” Mr. Falk continued, “but at least it would all be out there so that the influences on our politicians is clearly known.” By “the sheeple” Mr. Falk means Wisconsin voters.

    In June 2014, Mr. Schmitz’s attorney, Randall Crocker, issued a statement saying that Governor Walker was not a target of the investigation into campaign finance coordination. “You just lied to the press,” Mr. Falk wrote in an email to Mr. Schmitz, copying Mr. Kennedy, others at the GAB and Milwaukee DA John Chisholm. “See the attached ‘target’ sheets from our search warrant and subpoena meeting. I see ‘SW’ right up there near the top on Page 1. Is there someone else that has those initials?”

    The Doe team was also apparently concerned that exonerating Mr. Walker as a target might have an effect on the election or damage the chances of 2014 Democratic nominee for Governor Mary Burke. “If you didn’t want this to have an effect on the election, better check Burke’s new ad,” Mr. Falk continued, “Now you will be calling her a liar. This is a no win.”

    Was Mr. Falk reprimanded for his obviously partisan motives? Apparently not. When Mr. Falk left the GAB last year, Mr. Kennedy sang his praises in a departure memo posted on the GAB’s website, saying he “exemplifies all that is great about the people who work at the Government Accountability Board” and that his contributions “have been critical to steering us through some extraordinarily challenging times.” Messrs. Falk and Kennedy did not respond to requests for comment.

    We also know that GAB staff counsel Nathan Judnic marched against Mr. Walker’s Act 10 reforms and wrote on Twitter that the state should “Stand in solidarity. Kill the bill. Support public employees and their right to bargain.”

    Democrats trying to salvage the GAB’s reputation have pointed to a recent audit by the state’s Legislative Audit Bureau that raised no major concerns about GAB’s handling of ethics or campaign-finance complaints. One problem: The John Doe process was outside the scope of the audit. Mr. Kennedy put out a statement saying that the audit “puts to rest any questions as to whether the six Board Members exercise independent judgment when they make decisions about complaints, investigations and penalties.”

    The six board members? What about the staff? Mr. Kennedy says the GAB is a nonpartisan agency, but the GAB was an active partner in the Doe, and there was nothing nonpartisan about that.

  45. leftwing says:

    In a cas1no the guy is Rainman (meant 100% as a compliment). $70k off of slots?! Need to get him to the blackjack table with me.

  46. Banco Popular Trust Preferred Shares says:

    hence my Michael Burry comment……

  47. Banco Popular Trust Preferred Shares says:
  48. Comrade Nom Deplume, no longer sipping a fruity drink by the pool. . . says:

    [46] banco

    I so want a win tomorrow so that we don’t have to hear from the Arse.

  49. Comrade Nom Deplume, no longer sipping a fruity drink by the pool. . . says:

    [37] juice

    I saw a report that Biderman has stepped down as CEO. I’m willing to bet that he is currently vacationing in a nonextradition country. I’m damn sure that none of Ashley Madison’s funds paid to him or other close owners stayed in the country.

  50. Libturd at home says:

    “Lib: just curious…..are you on the spectrum? Nothing wacko, just what used to be considered mild Asperger’s?”

    No, but I’m a good driver and I buy my underwear at Kmart.

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