Been a little busy with a few things over the past few days so have not had the chance to do as much writing as I would like.
But, looking at the recent housing data is interesting so I thought that I would put up a series of charts that show...
For years I have wondered why we allow for the builders and developers to continue building. One of the worst housing meltdown in history and builders keep on building. The fact that a reduction of available inventory never seems to enter the conversation when politicians discuss a fix for the...
There is nothing to cheer about in the land of the empty houses. It would be a great idea if someone could come up with a reasonable idea to start the process of getting buyers to stop waiting for housing prices to move lower. Mr. Bernanke knows that deflation is...
A few of the headlines today from IBD. Nothing to get too excited about…
Goldman Sachs says the economy grew at a 1.5% annual rate in Q2, down from its previous forecast of 2%, due to disappointing consumer spending data. It also slashed its Q3 growth forecast to a 2.5% annual...
I could swear that someone said that there was a recovery somewhere. Obviously it was other than the housing sector.The better than expected existing home sales on a MoM basis helped to lift markets. Short covering has been the primary driver as the world sits and waits for Greece to...
