The H.4.1 statistical release for the week ended December 24, 2008, will be published on Monday, December 29, 2008, because the federal government is closed on both Thursday, December 25 and Friday, December 26. [1] That was decent of the government to give everyone Boxing Day off this year Doom was waiting with bated breath for the release until we saw this article [2] that noted the announcement buried in last week’s version.
January’s Realtor magazine is out, and in an article titled Overcoming Buyer Reluctance, the authors outline various arguments for convincing buyers that now is the time to buy. Among other things, they recommend the following exercise: [The comments in blue are mine.] A simple technique to prove to potential buyers, or even sellers, that they can’t perfectly time the market is to do this easy demonstration: Take out a blank sheet of paper and pen. Now, starting at the top of the paper, draw a line going down and at the same time ask the buyers to stop you when…
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