Posts filed under “Really, really bad calls”

Follow Up: “It’s a great time to buy or sell a home!”

Today’s really, really bad call harkens back to November 2006:

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Well, they were half right.

When that NAR ad campaign came out exactly two years ago, it was a pretty damned good time to sell a home.

Buying one ?

Not so much . . .

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Previously:
It’s a great time to buy or sell a home! (November 3 2006)

http://www.ritholtz.com/blog/2006/11/its-a-great-time-to-buy-or-sell-a-home/

Analyzing why “It’s a great time to buy or sell a home!” (November 4, 2006)

http://www.ritholtz.com/blog/2006/11/analyzing-why-its-a-great-time-to-buy-or-sell-a-home/

Category: Markets, Psychology, Real Estate, Really, really bad calls

Compensation Structures in Mortgage Industry

Interesting piece on how mortgage workers were comped during the heyday by John Quigley, titled Compensation and Incentives in the Mortgage Business. It goes a long way to explaining why so many people did such silly things during the boom: They were well paid to do so! A quick excerpt: The incentive structure that arose…Read More

Category: Markets, Real Estate, Really, really bad calls, Wages & Income

Ratings agencies: ‘Kool-Aid drinking’ lapdogs

Category: Credit, Derivatives, Real Estate, Really, really bad calls

S&P: We Knew Nothing! Nothing!

Category: Credit, Derivatives, Legal, Really, really bad calls

Can the Fed Pop Bubbles (And If So, How)?

Category: Bailouts, Economy, Markets, Really, really bad calls, Trading

Why is Barron’s Banned From CNBC?

Category: Financial Press, Really, really bad calls, Television, Trading

The Economy is Just Fine . . .

Category: Economy, Financial Press, Really, really bad calls

Quote of the Day: Aggressive lending to 1st-time buyers

Category: Credit, Real Estate, Really, really bad calls

Subprime Suspects

Category: Credit, Real Estate, Really, really bad calls, Taxes and Policy

Wingnuttery on CNBC

Wow, I am amazed that Michelle Caruso Cabrera would trot out this old, discredited, wingnut meme in the middle of the day.

This is probably the single worst moment of Journalism I have seen on CNBC — simply pathetic:

Category: Politics, Real Estate, Really, really bad calls, Video