Existing Home Sales Drop 3.8%

Full story: WFMZ
Sales of existing homes fell in May, as severe weather and high gas prices weighed on the shaky housing market. Read more
wally Lehigh Valley

Catasauqua, PA

#1 Jun 21, 2011
gasoline costs did not cause the poor performance in home sales. As predicted we are in the beginning stages now of a depression. At least 48 of our states are predicting long term high unempl rates some as far out to 2019. We need to have our congresspeople make good hard viable difficult financial decisions in the next 6 months or in about 12 months we will become knowing what severity really means. Wage and benefit cuts are yet to come where needed. CEO structure in this country needs to be dealt with. Ave CEO pay is now at 400 times the avg workers pay. Historic, immoral,
and harmful condition. No more CNN spin
Future not so bright

Bally, PA

#2 Jun 21, 2011
It's only going to get worse people...
Walter Catasauqua

Catasauqua, PA

#4 Jun 21, 2011
Future not so bright wrote:
It's only going to get worse people...
You are right on the mark. Congrats for being perceptive and not letting the spin mislead you. The next 6 months of action or inaction by congress is going to determine what will happen to 300 million people. God please have us accept you back

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