{"id":17903,"date":"2011-11-23T22:25:55","date_gmt":"2011-11-24T06:25:55","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=17903"},"modified":"2011-11-23T22:25:55","modified_gmt":"2011-11-24T06:25:55","slug":"home-sale-up-because-of-declining-prices","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2011\/11\/23\/home-sale-up-because-of-declining-prices\/","title":{"rendered":"Home Sale Up <em>Because<\/em> of Declining Prices"},"content":{"rendered":"<p>A series of very similar headlines caught my attention today:<\/p>\n<ul>\n<li>Wall Street Journal: <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052970203710704577052392528067700.html?mod=googlenews_wsj\" title=\"Home Sales Climb But Prices Decline\">Home Sales Climb But Prices Decline<\/a><\/li>\n<li>CBS News: <a href=\"http:\/\/www.cbsnews.com\/8301-505145_162-57322288\/home-sales-up-but-housing-prices-continue-to-fall-nationwide\/\" title=\"Home sales up, but housing prices continue to fall nationwide\">Home sales up, but housing prices continue to fall nationwide<\/a><\/li>\n<li>The Real Deal: <a href=\"http:\/\/therealdeal.com\/newyork\/articles\/us-existing-home-sales-rise-slightly-but-prices-fall-according-to-the-national-association-of-realtors\" title=\"U.S. existing home sales rise slightly, but prices fall\">U.S. existing home sales rise slightly, but prices fall<\/a><\/li>\n<li>Chicago Tribune: <a href=\"http:\/\/www.chicagotribune.com\/business\/breaking\/chi-local-existing-home-sales-up-doubledigits-in-october-but-prices-fall-20111121,0,5515540.story\" title=\"Local existing home sales up double-digits in October, but prices fall\">Local existing home sales up double-digits in October, but prices fall<\/a><\/li>\n<li>St. Louis Post-Dispatch: <a href=\"http:\/\/www.stltoday.com\/news\/state-and-regional\/missouri\/st-louis-area-home-sales-up-but-prices-down\/article_e2b7ea5b-1e5f-5845-bb9f-0d0bfa326cac.html\" title=\"St. Louis-area home sales up, but prices down\">St. Louis-area home sales up, but prices down<\/a><\/li>\n<li>Bangor Daily News: <a href=\"http:\/\/bangordailynews.com\/2011\/11\/22\/business\/maine-realtors-october-home-sales-up-7-percent-over-2010\/?ref=mostReadBox\" title=\"Maine home sales up in October, but prices slip\">Maine home sales up in October, but prices slip<\/a><\/li>\n<li>St. Paul Pioneer Press: <a href=\"http:\/\/www.twincities.com\/business\/ci_19384326\" title=\"Minnesota home sales surge in October, but prices still falling\">Minnesota home sales surge in October, but prices still falling<\/a><\/li>\n<\/ul>\n<p>News writers still don&#8217;t seem to get it.  Home sales are increasing <em>because<\/em> of lower prices.  Just like televisions, cars, and any other material good, when homes become more affordable, more people buy them.  It isn&#8217;t rocket science, people.<\/p>\n<p>I for one am thankful for falling prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A series of very similar headlines caught my attention today: Wall Street Journal: Home Sales Climb But Prices Decline CBS News: Home sales up, but housing prices continue to fall nationwide The Real Deal: U.S. existing home sales rise slightly, but prices fall Chicago Tribune: Local existing home sales up double-digits in October, but prices&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[613,198],"tags":[460,126,121],"coauthors":[],"class_list":["post-17903","post","type-post","status-publish","format-standard","hentry","category-national-news","category-news","tag-cbs_news","tag-nar","tag-wall_street_journal"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Home Sale Up Because of Declining Prices \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2011\/11\/23\/home-sale-up-because-of-declining-prices\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Home Sale Up &lt;em&gt;Because&lt;\/em&gt; 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