The January Housing Drop - Not as Drastic as it Appears?

The Euro dropped against the dollar yesterday, ostensibly on the idea that the U.S. housing industry is still shaky.

In January, pending house sales dropped over 7 percent. The problem is-it's not always some gloomy economic indicator that.affects the fluctuating house prices. And in this case, it probably wasn't.

The National Association of Realtors (NAR) thinks the barrage of heavy snows played a significant role. And I agree. Buyers simply don't go looking when the blizzards roll in. And in January, the weather was one big tumultuous roll, covering large sections of the nation.

And, let's not forget what Warren Buffet said recently.

Funny how fickle investors are.