Yesterday, we looked at a heatmap of Foreclosures; This turned out to be rather timely, as indicated by a front page article in...
Read More
This simple chart depicts several different measures of changes in home prices: chart courtesy of PMI > Rates of home price...
Read More
I am working on a new research project involving foreclosures in the sub-prime market. I keep coming across some really intriguing data...
Read More
Nonfarm payrolls increased 111,000 last month. December was revised upwards to a very respectable 206,000 (from167,000), while November...
Read More
Last week, we noted the absurdity of the housing commentary by the oft hallucinatory David Lereah (Existing Home Sales Are Fantastic!)....
Read More
It seems that everytime we get a major economic release, there is almost an instantaneous headline and commentary generated. This often...
Read More
Existing Home sales were released today, and the data was soft. The WSJ reported "Existing-home sales in the U.S. fell in December,...
Read More
I spoke with Hugh Moore of Guerite Advisors over the weekend. Hugh has sent this chart over, and I found it worth sharing (I’ll...
Read More
Earlier this morning, we discussed some of the more hallucinogenic forecasts of the NAR (Home Prices Seen Rising in ’07). As if on...
Read More
"After bottoming in the fourth quarter of 2006, existing-home sales are forecast to gradually rise through 2007 and into 2008, while...
Read More