housing stats
The New Year’s Guide of 10 Key Charts To See Before Buying A Home
Ten housing charts (Including Affordability, Inventory, Delinquent Mortgages, Rates and others) that should make you question if now is really a good time to buy a home.
2Jan2010 | MichaelWhite | 1 comment | ContinuedThe Numbers Still Say 30% Down 30% To Go
It’s very nice that values achieved a gain of .013% in October, but we still have a 30% fall ahead of us and, as you know, we have a 30% fall behind us. Better send in your mortgage payment.
30Dec2009 | MichaelWhite | 0 comments | ContinuedFour More Years To Fall
The exhaustive Freddie Mac price index predicts prices will continue to fall for the next four years as the index fell 2% nationwide in the 3rd quarter.
9Dec2009 | MichaelWhite | 1 comment | ContinuedWeak In Review
Now that I’ve recovered from turkey overload, it’s time to digest last week’s economic data turkeys.
Case Shiller was out with more late data last week. I say late because the data includes sales only through September. Call it the curve behind the curve. Not only is it late, the index is an average of the [...]
Losses and Zombie Debt in Residential Mortgages Surpass $5 Trillion
Mortgage debt of $5.6 trillion is a bubble legacy and the most obvious source of a renewal of the financial crisis.
25Nov2009 | MichaelWhite | 1 comment | ContinuedCase-Shiller Still Predicts Massive 45% Fall From Today’s Values
The 10 major cities in the Standard & Poor’s/Case-Shiller home price index have risen 5% from their April low, but the index is still predicting a massive 45% fall from today’s values.
24Nov2009 | MichaelWhite | 51 comments | ContinuedSingle-Family Inventories Remain Oversupplied by 900,000 Units
Inventory of single-family homes fell 60,000 units in October. They remain oversupplied by 908,000 units when compared to the long-run average.
23Nov2009 | MichaelWhite | 3 comments | Continued