New Home Sales and Inventory

An informative pair of charts, via Portales Partners:

New_home_sales

Monthly_supply_of_homes

Remind me again which idiots said that Housing won’t matter to the U.S. Economy . . . ?

Category: Real Estate, Technical Analysis

Blog Watch: The State Department

Category: Taxes and Policy, Weblogs

1980s Parallels?

Category: Credit, Federal Reserve, Markets

No, New Homes Sales DID NOT Rise . . .

Category: Data Analysis, Real Estate

Can Housing Be “Rescued?”

Category: Credit, Data Analysis, Real Estate, Taxes and Policy

Markets Rally on Fed Rumors

Category: Credit, Economy, Federal Reserve, Inflation

World Countries as their top level domains

Category: Web/Tech

Where was the Bubble: Houses, Rates or Credit?

Category: Credit, Derivatives, Federal Reserve, Fixed Income/Interest Rates, Real Estate

Radiohead Adapts Our Business Model

Category: Digital Media, Music

Mortgage Resets? Try Chapter 13 Bankruptcy!

Fascinating front page WSJ article today, titled More Debtors Use Bankruptcy To Keep Homes. It seems that Chapter 13 filings are gaining in popularity. Why? Because they halt foreclosure proceedings: “Last month, as the nation’s housing slump continued, consumer bankruptcy filings increased almost 23% from a year earlier – representing nearly 69,000 people — according…Read More

Category: Credit, Economy, Psychology, Real Estate, Taxes and Policy