Housing Market & the Economy
Yesterday, we noted how the unusually warm January weather (amongst other factors) played a large role in the US Retail Sales. Today, we...
Tools for Finding a Mortgage
There was a very helpful article in the WSJ Saturday, titled Getting Wise to Mortgages. It contains lots of advice and tools to...
The Real Estate Soufflé
We have a decidely nuanced view of Real Estate: While not neccessarily a bubble, it has been the prime driver of the economy since rates...
“Priced out of Brooklyn”
Is NYC a Microcosm of the U.S.? I would never had thought so. Manhattan is totally unlike the rest of the nation. I always loved...
Top Ticking Real Estate is Different Than Stocks
Nice pair of charts from Northern Trust that show even as sales slow down: Prices still remain relatively robust: That may seem counter...
Equity Extraction Fades, What Happens As As Home Sales Slow?
Lots of Real Estate news recently. Let’s start with Existing Home Sales: WSJ: "Sales of existing homes set a record for...
Home Equity Loans Fall of the Cliff
Alan Abelson, in this morning’s Barron’s, quotes Macro-Maven’s Stephanie Pomboy on why the consumer is soon to be...
Soft Spots Go Beyond Employment
One of the odder bits of analyses we have happened across over the holidays is this bit of explicative: “Of course employment has...
Remodeling, Building Brace for Slowing
For some strange reason, the WSJ published on Monday, when the markets were closed. If you missed that edition of the paper, you may have...
Danger time?
This week’s Economist pulls the gloves off and laces into Mr. G pretty good. In a pair of articles, they diussect the US economy,...