Comments on: The April Home Sales Report http://blownmortgage.com/2007/05/24/the-april-home-sales-report/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sun, 08 Nov 2009 16:51:22 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Brian Brady http://blownmortgage.com/2007/05/24/the-april-home-sales-report/comment-page-1/#comment-182 Brian Brady Fri, 25 May 2007 04:21:26 +0000 http://blownmortgage.dreamhosters.com/?p=342#comment-182 Elasticity of demand. Lower the price and you move the widgets. In this case they lowered those prices just a bit too much. The funny stuff is that the jump in units was some sort of record while the drop in prices was the largest drop since 1970. A "Spring Clearance Sale" to reduce inventories. Elasticity of demand. Lower the price and you move the widgets. In this case they lowered those prices just a bit too much.

The funny stuff is that the jump in units was some sort of record while the drop in prices was the largest drop since 1970.

A “Spring Clearance Sale” to reduce inventories.

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