March New Home Sales
March New Home Sales, a measure of=20 contract signings of new homes, totaled 356k annualized, almost 20k more tha= n=20 expected and Feb...
Survival of the Fittest
Ford is joining Best Buy and Bed Bath & Beyond in taking advantage of their competitor’s woes while at the same time executing...
The Elusive Housing “Fair Value”
Over the past few years, I have frequently referred to US housing as over priced and over valued by traditional metrics. These include:...
Afternoon Linkfest
Let’s revisit the old linkfest days: • U.S. Is Said to Prepare Filing for Chrysler Bankruptcy (New York Times) See also Who...
The Credit Crisis and Cycle Proof Regulation
The Credit Crisis and Cycle Proof Regulation1 1 Remarks delivered by Raghuram G. Rajan, Eric Gleacher Distinguished Service Professor of...
The (False) Glimmer of Hope
Nice cover image from the Economist on the brown shoots. Excerpt: “But, welcome as it is, optimism contains two traps, one obvious,...
Existing Home Prices Fall 12.4%; Sales Drop 7.1%
Existing-home sales fell 7.1% from March 2008; Since February 2009, they fell 3% (seasonally adjusted annual rate of 4.57 million units)....
Elizabeth Warren on the Daily Show
Elizabeth Warren Part I The Daily Show With Jon Stewart M – Th 11p / 10c Elizabeth Warren Pt. 1 thedailyshow.com Daily Show Full...
Median Income vs Median Home Price
Great interactive chart I meant to get to earlier this week, via the NYT: > > Source: For Housing Crisis, the End Probably Isn’t...
Should Washington & Wall Street Take a Lesson from Bill Ford?
Here is our latest comment FYI. Barry is wandering the wilds of Michigan and will be back soon with lots of channel observations. ...