I love these reports

See below...nothing like a trade group to BEG!!!! oh please buy something. They forget...real estate is local, and personal and all the reports in the world are not worth the hole in a chicken's keyster compared to what is seen out the window of the coffee shop. Let's all wait 'til the full report comes out at 10 and then we can open our check books. Read on:

NEW YORK – A trade group report today on sales of existing homes is expected to show selling increased slightly in January. The increase would mark the second straight month of improvement from November's record low.

Sales are expected to rise to a seasonally adjusted annual rate of 4.79 million units, from 4.74 million a month earlier, according to economists surveyed by Thomson Reuters. The National Association of Realtors' report is due at 10 a.m. EST.