Interesting you mention home sales. A few days ago, the National Real Estate Board, or some thing close to it said they overestimated home sales. i.e It appears they were trying prime the pump with false information.
So, I agree, soon we will find out how bad the housing market has actually been.
I have never believe the Govs figures. They have been blowing smoke you know where to keep the sheeple from knowing just how bad everything really is.
Now they are going to throw a couple of guys under the bus to keep the sheeple from thinking TO MUCH about the Frank,Dodd,Fannie and Freddie etc etc disaster that brought the whole country to a stand still.
When the Repubs get control in 2012, I personally would like to see a full blow Special Prosecutor and Lawyers from around the Country to go after every single POLITICIAN that started this mess. Maybe a go ole RICO type investigation. Especially since they have circle the wagons to protect each other.