A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Posts Tagged ‘ Reo Sales ’
Housing Market has Changed – Risks are not Recognized
Tags: Housing Market, Housing Market has Changed
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Surge in all-cash buying signals end of ‘normal’ housing market
Back in May, I posted an article on Minyanville asserting that all-cash buyers have kept several major housing markets from collapsing. (See All-Cash Buyers Preventing Collapse of Housing Markets.) With new evidence in to support this claim, now is a...
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House Prices Will Drop Another 20 Percent
Dozens of interesting charts in this fact-filled commentary about the ongoing housing bust.....
This huge and growing surplus inventory of houses will probably depress prices considerably from here, perhaps another 20% over the next several years.
...
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More Little Lies and Big Spin- Gains or Blips?
The FIM (Financial Infomercial Media) has gifted us with more nonsense today in the form of Pending Homes Sales data from the NAR (Realtors) and the Purchasing Managers Manufacturing Index from the ISM (Purchasing Managers). Bloomberg was positively ecstatic about the housing data, proclaiming “The number of contracts to buy previously owned homes rose...
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