housing stats
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 | Continued
Case-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 | 52 comments | Continued
Single-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
Implode-O-Meter News- An error has occurred, which probably means the feed is down. Try again later.
- Mortgage Lender Implosions and Updates
- An error has occurred, which probably means the feed is down. Try again later.
- Bank Implosions and Updates
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- Hedge Fund Implosions and Updates
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- Builder Implosions and Updates
- An error has occurred, which probably means the feed is down. Try again later.
Further to my comment of 9 August 2016, unlike the old Bank Rate system with its high interest rates, Quantitative…