The latest report on new home sales showed the worst level since data began being collected in 1963. What that shows is that the housing market has been unaffected by QE1 and QE2.
Two of the key measures that has been discussed by President Obama is the housing and the...
It is widely known that the housing market in the U.S. is in its own depression. Yes, depression. What else can you call it when values have been hit so hard and are unable to bounce back? Housing starts look awful as do the potential for new buyers looking for...
See that “little” down tick to the right of the chart below? That is the loest piont in the last 4 decades. Yes, we are see in a housing depression and the fact is that there is still too much backlog and way too much overall inventory.
What does this mean...
Up from last month is a great feat! But, just one inch off of the ocean floor is still deep down.
Now as time passes and it has become even more evident that there is a a structural problem here. As more and more foreclosures enter the marketplace, pricing on homes...
You have just got to wonder where the relief will come from for the housing markets. It is not with rates, it is not with easy loans and unless the govy decides to throw the homebuilders and buyers another bone there surely is going to be another leg down in...
