Blogs for Bush Team
Matt Margolis, Founder/Editor
Russ Emerson, Webmaster
Mark Noonan, Senior Writer
Kevin Patrick, Senior Writer
Paul Lewis, Senior Writer

News Tips

Guest Bloggers
Sister Toldjah

Blogroll For Bush


Above are the 43 most recently updated blogs. Click here for the full blogroll

Allies


Archives
Categories

B4B Coverage Of...
The 2004 Republican National Convention
The Alito Nomination
The Roberts Nomination
The Roberts Hearings
Hurricane Katrina

Recent Posts
Fighting and Winning The War On Terror
We're Back... Hosting Matters DOS Attack
Yet More Bad Economic News for Democrats
General Courage
Some Bad Economic News...
Construction Begins at Ground Zero
United 93
Corrupt Windbag Opposes Wind
Iraqis Condemn Zarqawi's Threats
Let It Snow
Bush Privately Favors Citizenship For Illegals...
New Home Sales Hit 13 Year High
Senate Panel Recommends Abolishing FEMA
The War Against Wal Mart, Part VI
Democrats Convicted Of Tire Slashing Get Jail Time
Rivalry Between Zarqawi and bin Laden?
Fighting a Two-Front War
The End of Roe
Rummy's Surprise Visit To Baghdad
Bush Delivers


Margolis Media Works

Add to My Yahoo!


CentCom

GOP Bloggers

Thank you, President Bush

Social Security Information



Blogs for Bush Store





Search The Grand Old Portal

Donate to Blogs For Bush to help keep us blogging!
Creative Commons License
This work is licensed under a Creative Commons License.
Prime Sponsor

Visit Our Sponsors!


Visit Our Sponsors!



Subscribe To B4Bcast!


Site Credits
RSS 2.0

Powered by:
Movable Type 3.2

Design by:






April 27, 2006
New Home Sales Hit 13 Year High

The latest on the housing market.

The government reported new homes sold at an annual rate of 1.21 million homes in March, up 13.8 percent from a revised 1.07 million pace in February. That easily topped forecasts for a 1.1 million pace from economists surveyed by Briefing.com.

The jump, the biggest since a 16 percent rise in April 1993, came even as mortgage rates hit an average 6.32 percent last month for 30-year fixed-rate loans, according to Freddie Mac, up from 6.25 percent in February.

Posted by Matt at April 27, 2006 02:49 AM



Trackback Pings

TrackBack URL for this entry:
http://www.blogsforbush.com/mt/president.cgi/7024

Comments

There are 2,371 million acres in America. If the average lot is about 1 acre including subdivision roads and open space then at this rate of home growth in 1,960 years or the year 3,966 (or think back to the year 46 AD for comparison). Every square acre of farm land, mountains and desert will have a home on it.

Just a thought!

Posted by: muirgeo [TypeKey Profile Page] at April 27, 2006 10:25 AM

Your math is off, muirgeo. The average lot nowadays is much smaller than that. Our home is on a very large lot, at least for anywhere around here, and it only sits on half an acre... most are less than half that. I seriously doubt that if you divide the number of houses by the area of roads and open areas that it would end up being even an equivalent amount as the land each house sits on.

I'm not doing all the math to arrive at a correct number, but if you're using an acre per house = 1960 years to fill up the land, and I would be surprised if the actual number was even half an acre per house, I would have to guess we've got nearly 4000 years to get to your fatalistic prediction.

Posted by: LNC at April 27, 2006 06:30 PM

Yes, it's swell about all the new-home sales, albeit Americans' consumer debt level and negative savings rate are at scary levels.

But then there is this: "Many Americans have medical debts, or can't afford insurance: study." Taken together with the number of bankruptcies due to medical expenses, it gives a whole different perspective on how swell things are in Bush's Robinhood-in-reverse economy.

Posted by: S.W. Anderson [TypeKey Profile Page] at April 28, 2006 03:03 AM

S.W.Anderson defeatocrat message to all:

"The sky is falling the sky is falling...be afraid be very very afraid!"

It really must suck to be a defeatocrat.

Posted by: phnxbmed at April 28, 2006 07:38 AM

phnxbmed responds with name calling and scorn. No facts, no substance. That, unfortunately is as predictable as it is worthless. It's what people who can't deal with uncomfortable truths too often do.

Tell us, phnxbmed, if God forbid your doctor should point out you have skin cancer, are you going to call him a defeatodoc and storm out of his office?

Posted by: S.W. Anderson [TypeKey Profile Page] at April 28, 2006 03:27 PM

Post a comment




Remember Me?
(you may use HTML tags for style)