The housing data that is reported in the Mainstream Media is rarely accompanied by the appropriate disclaimers. "The Big Picture" makes the point in an insightful way.
Dissecting New Home Sales Data
"I believe the country faces a critical crossroad and that the decisions that are made or not made within the next 10 years or so will have a profound effect on the future of our country, our children and our grandchildren. The problem gets bigger every day, and the tidal wave gets closer every day." - David Walker, comptroller general Aug. 2005
