Historically, consumer credit has roughly tracked overall changes in house prices. In other words, the consumers’ ability to borrow...
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Here’s a novel Real Estate idea: Sell your house like any other product to a willing buyer . . . Have them pay for their purchase,...
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With all the recent holiday running around, I somehow missed this: PIMco’s Paul McCulley joins team MEW: >click for larger...
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Today, we will get the first New Home Sales (at 10:00am) after the stupendous plus 13% number last month. Recall our analysis of...
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The WSJ reported that "Housing starts rose sharply in November, up 5.3% to a 2.123 million annual rate. October and September were...
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Calculated Risk notes that Mortgage Equity Withdrawal (MEW), was $171 Billion in Q3 2005, out of total household mortgage increases of...
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I gave the NYT props the other day for an epecially good issue; I almost never do that for the WSJ (because its a given). But I did mean...
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Barron’s Alan Abelson lets fly another fusillade this morning. In Parting the Mist, he observes that the White House is...
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I sometimes think I live in a different planet than some people. My friend Cody, for instance, lives in a very different economic world...
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An expanded version of yesterday’s commentary is up on Real Money, titled Home Sales Data: Lots of Huffing and Puffing. You will no...
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