The formula for forecasting home sales used to include four key components; supply, demand, interest rates, and available mortgage money. With the election of Obama and his progressive onslaught upon the private sector, it becomes practically impossible to see 2013.
Ad nausea you have been told that businesses don’t like uncertainty as the primary reason they aren’t hiring. That is true.
Good news, businesses have certainty now that Obama has been reelected, they know for certain their taxes won’t be going down. They know Obamacare with its $1 trillion in new taxes will go forward.
The bad news is the fiscal...