Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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Posts Tagged ‘ Zillow ’
Housing: The Fine Print in a Tale of Woe
The housing market remains deeply troubled, with more than 800,000 homes on their way to foreclosure or in the process of being auctioned, according to RealtyTrac and Moody's Analytics. That's part of the reason the economy isn't growing fast enough...
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Case Shiller’s Double Dip Has Come and Gone
The S&P/Case Shiller Home Price Indices reported Tuesday are, as usual, so far behind the curve that not only did they miss the “double dip” that has come and gone, it will be at least July or August before it reports an apparent upturn in prices in March and April. S&P’s view of the...
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Home Values To Drop $1.7 TRILLION This Year
Somewhere out there, a realtor is hollering: "NOW IS THE TIME TO BUY!" .......
U.S. home values are poised to drop by more than $1.7 trillion this year amid rising foreclosures and the expiration of homebuyer tax credits, said Zillow Inc., a closely h...
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Fed Coy As Panic Boosts Treasuries – Professional Edition
The mortgage applications data released on Tuesday continues to cast doubt on the NARs data showing a recovery or stabilization in the housing market. I don’t question their data, but the MBAAs data and Zillow’s data do not support it. See http://wallstreetexaminer.com/2009/09/01/more-little-lies-and-big-spin-gains-or-blips The Treasury completed 3 bill auctions this week with buying at panic...
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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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