Posts filed under “Real Estate”

Chart of the Week: Home Equity Cash Outs

Our discussion of Credit Card usage leads us review this:
Since 2000, American households have spent more than they earned – a shift from
the prior 3 decades. Q3 2005 household spending was a record $531 billion more
than their after-tax earnings (annualized). Consumer spending was 76% of Q3 GDP
- a record high, up from 73% in 2000.

Home Equity Cash Outs; Bank Mortgage assets as a % of total assets

Cahs_out_refis

Source: NYT

Residential real estate is a record 204 percent of
disposable personal income, compared with 150 percent in 2000.

>

Random Items:

Cautiously optimistic

Dividends, Buybacks Set New Benchmark for Largess

Media Age Business Tips From U2

Googling For Gold

Sony "DRM" tracks consumer listening habits

Totally Absurd Inventions, America’s Goofiest Patents!

>

Quote of the Day: 

“If all the economists in the world were laid end to end
they still wouldn’t reach a conclusion.”
- George Bernard Shaw

Category: Economy, Real Estate

Ramifications of Eliminating the Mortgage Tax Deduction

Category: Fixed Income/Interest Rates, Politics, Real Estate

Housing Starts Soften; Builder’s Bear Market?

Category: Fixed Income/Interest Rates, Real Estate

WSJ: Housing Market Shows Further Signs of Cooling

Category: Psychology, Real Estate

Foreign Skyscraper Purchases

Category: Real Estate

The Unending Housing Boom

Category: Real Estate

Riskiest Housing Markets? (PMI Market Risk Index)

Category: Real Estate

Inflation’s Demise Has Been Exaggerated

Category: Economy, Inflation, Investing, Real Estate

Chart of the Week: Actual Housing Costs (w/o BLS Adjustments

Category: Economy, Inflation, Real Estate

Back Out Housing Adjustments, and Core CPI = 5.3%

Category: Economy, Inflation, Real Estate