Existing Home Sales Up 5.1% in February!!

Hi,

Sales of existing homes rose 5.1% in February, according to the National Association of Realtors.

This jump was much better than waht economists had been predicting. This news combined with the Toxic Asset purchase plan announced today has pushed the Dow Jones stocks up over 400 points so far today.

It sure does feel like we have finally turned the corner on this recession!! This combined with Citibank's profit announced a couple weeks ago along with the big news that Housing Starts had their biggest jump since 1990.

You can read more about the Housing story at the FoxBusiness.com web-site.

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