Haefling on Housing
Carl Haefling is a portfolio manager in Bainbridge Island. He is a deep value player in small and micro cap stocks, biotech and medical...
Call to ARMs
Alan Abelson hits on a favorite theme of ours: Bad financial advice given by a certain former Federal Reerve Chairman: "ANYONE KNOW...
Why the Real Estate Slow Down Matters So Much
Last night on K&C, Larry asked me about the improvement — after 5 down months — in New Home Starts. My answer was a...
Real Estate Dependency of Households
Earlier today, we looked at several Real Estate related charts. One particular chart we looked at from Northern Trust showed the...
Housing Leads the Economy Up AND Down
Two weeks ago, we looked at a few Housing related charts, and discussed what they meant for the overall real estate market. This morning,...
What Happens if Inflation Is Overstated?
The NYT’s Floyd Norris jumps the gun on CPI and Owner’s Equivalent Rent this morning: "Since 1983, the government has...
Housing Slowdown Continues Apace
Last week, we looked at 4 charts reflecting the general problems facing the housing industry. Yesterday, WSJ Market Beat reviewed the...
Recent Housing Data: Charts & Analysis
It has long been our view that Real Estate is the prime driver of this economy, and its eventual cooling will be a major crimp in GDP,...
Wal-Mart and the Buck
Today looks to be a bumpy, with futures deep in the red as European stocks took a header on "a weaker dollar and prospects for...
Read It Here First: Owners’ Equivalent Rent and Inflation
Over the weekend, we discussed the various "shills and montebanks are coming out of the woodwork to proclaim — once...