Non Existing Home Sales Slide

Today the National Association Of Realtors reported their estimate of sales of non-existent homes. The sales were down 5.7% from January level . Actually there was an interesting aspect to the sales figures. Brokers commissions were off by 11.4% which indicated that they were sacrificing commissions to make deals. New non-existing home owners were cashing out of bad stock market investments because they had lost faith in the advice of their stock brokers and because of the Ponzi schemes.