January Existing Home Sales Tick Up; Philadelphia Fed Drops More Than Expected

antisocial | Feb 21, 2013 10:26 AM ET your report makes anyone in his right mind puke...

bankabanumbers | Feb 21, 2013 10:30 AM ET Unemployment are on the rise. Who`s buying homes? Investors with deep pockets? tom [at] onlinecreditcardcenter

duck33 | Feb 21, 2013 10:31 AM ET Every law in my life time has been purchased by someone to maximize their profits and avoid taxation at the small business and the public expense. This has finally caught up with the country and no matter how much the fed ease jobs will never come back because of the laws purchased to out and in source to avoid taxation. The multinational has stuck a straw in America and is sucking all the capital out of the country so their is none left to invest in America because American`s can not compete with the multinational laws bought from a for sale to the highest bidder government.

handballforlife | Feb 21, 2013 10:31 AM ET Better get in soon or it will be too late....buy buy buy

debtslave | Feb 21, 2013 10:34 AM ET YAWN.........go ahead and start releasing the oversupply of foreclosures on the insolvent banks books, and bring back FASB 157 and make them mark their liabilities to market. Only then will we get a real look at the housing "market" and real market prices. I guarantee you if you allow the markets to properly price assets and liabilities, the words "recovery" and "steam" will never leave your lips!

annchovie01 | Feb 21, 2013 10:52 AM ET Clearly Pump `n Dump extends into the real estate market also.

handballforlife | Feb 21, 2013 11:10 AM ET Ticked up....no it`s tick tock tick tock....boom your bubble burst again

Bladeup | Feb 21, 2013 11:18 AM ET Well said debtslave. Foreign Investment Trust are buying property up in droves. Inflated prices and as debtslave said wait till the release of foreclosures. I know personally of people in Illinois(judicial state) who are still in their homes without having made a payment in almost four years. If you buy, buy, buy like some are suggesting, be sure you can hold out until the next down-turn passes.

BurbankBurner | Feb 21, 2013 11:44 AM ET As usual, Reuters/oblama uses words like "steam" and "steady growth" to lie to its` readers. I guess "steady growth" after a -.1%, 4th QTR GDP is anthing over zero. The Phili Fed number is the one that is the most telling. At least it is beliveable given that it is not released by the regime. Barely an uptick in LEI and Reuters/oblama is excited. "Steady job creation" means unemployment ticks UP to 7.9%? The state controlled media is always up to the task of cheerleading the regime.






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January Existing Home Sales Tick Up; Philadelphia Fed Drops More Than Expected

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