U.S. New Home Sales Rise to 7-year High in May

They are doing some of the same bad practices that they did in the years before the crash in 2008:

Quote: “Housing is being buoyed by a strengthening jobs market and steps by the government to ease lending conditions for first-time buyers through Fannie Mae and Freddie Mac, the mortgage finance companies it controls. Young adults who are setting up their own households also are lending support.”

This is the “PUMP” and the “DUMP” is coming quickly as most of those buying will lose everything they have in the coming global economic crash.


The second picture I took from the St. Louis FED website.



Leviticus 19:35 ‘You shall do no injustice in judgment, in measurement of length, weight, or volume.

Deuteronomy 25:15 You shall have a perfect and just weight, a perfect and just measure, that your days may be lengthened in the land which YHVH your God is giving you.

Proverbs 20:10 Diverse weights and diverse measures, They are both alike, an abomination to YHVH.

Leviticus 19:36 You shall have honest scales, honest weights, an honest ephah, and an honest hin: I am YHVH your God, who brought you out of the land of Egypt.

Job 31:6 Let me be weighed on honest scales, That God may know my integrity.

Proverbs 11:1 Dishonest scales are an abomination to YHVH, But a just weight is His delight.

CurrentEvents - Post 4 - image1