Homes Slide = Recession?

As expected, year-over-year sales and prices continue to get punished. The monthly year-over-year existing home sales fell 19.3%, while the national median existing-home price was $200,700, down 7.7% from March 2007. More @ National Association of Realtors

For Clinton it is All About...Women

(Q) So how did Clinton win so decisively last night? The answer is women, specifically white women. They continue to be as important to her success in these primaries as new voters and African-Americans have been to Obama. Per the exit polls, 47% of the Pennsylvania Democratic electorate last night was made up of white women, higher than any other race/gender subgroup. Clinton ended up winning them by more than 30 points, 66%-34%; in Ohio, she won this group, 67%-31%. The question that everyone seems to be asking now is: Why can’t Obama put Clinton away? The AP’s Ron Fournier takes a stab at answering this, and he points to five reasons (race, working-class voters, friends in trouble, inexperience, and mettle). But to us, women seem to be the bigger reason. They continue to rally to her side; nothing has shaken their confidence in her. If Clinton continues to beat Obama by 30-plus points among white women, how can he knock her out?

*** Rocking the suburbs: What’s more, Clinton must have won white women decisively across the state's geographic landscape, because there's no other explanation for her pulling off the upset in the Philly suburbs. To most lay observers, Obama looked to be a lock to win the Philly ‘burbs; the only question was by how much. But he didn’t win them. Overall, Obama carried just seven of the state's 67 counties. In his successful gubernatorial primary win over Bob Casey in 2002, Ed Rendell carried 10 counties -- and the big difference between Rendell's path and Obama's was that Rendell carried Montgomery and Bucks counties, while Obama lost MontCo narrowly and got clobbered in Bucks. This success by Clinton in the suburbs, by the way, might be the best talking point the campaign has going forward because it's the first evidence in weeks that Clinton has finally cut into Obama's coalition. Of course, Pennsylvania could simply be her Wisconsin, where everything that happens in the state, well, stays in the state. Remember Wisconsin? That was Obama's supposed big break through in cutting into Clinton's coalition of white, working-class voters and even white women. Wisconsin didn't take for Obama. Will Pennsylvania take for Clinton?