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Hedgie-ville RE Assoc. Escalates Vendetta Against Truth-Telling Member/Blogger

The Greenwich, CT local Association of Realtors has apparently decided to target a member and critic by inflating his critical online satire into a police complaint, which has, predictably, backfired. Reporting by Teri Buhl.

21Jun2012 | | 3 comments | Continued
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Pending Homes Sales Crash in a Record Fall to a Record Low as Tax Break Expires. The MSM Misses It.

So here’s the news for you now, a week late, but new to the marketplace of ideas. Pending-home sales now stand below the worst numbers we have seen since the housing crash started in 2006. The rubber bands and duct tape are breaking apart. Presume the fix of a fall is in.

9Jul2010 | | 6 comments | Continued
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Realtors Forecast End of Falling Prices While Inventory For-Sale Approaches Peak Crash Levels

New Observations estimates excess inventory for sale equals 1.4 million units with over 4-million homes on-the-block, a figure hovering just 11 percent below peak-crash inventory, while at the very same time the realtors’ chief economist forecast Monday that “the housing price correction appears essentially over.” A respectable 521,000 units sold in April, yet inventory for […]

25May2010 | | 0 comments | Continued
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The 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 | | 1 comment | Continued
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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 | | 3 comments | Continued