As of last November, the University of Michecon and Rhoiders stopped allowing third parties to update their Michegoss Sentiment Index Charts. Maybe that’s because they didn’t…
This morning’s data on payrolls and unemployment from the Bureau of Labor Statistics was a strong report. The question is whether it is sustainable. I like…
Every 3 months the Census Bureau releases an interesting survey of US housing inventory and vacancy for both owner occupied and rental housing. I include…
There’s a lot of new real estate data to report on since my last update, all of it bad, not in terms of the quality…
This chart of total US housing and vacancy over the past 48 years speaks for itself. I will be posting an in depth analysis of…
The National Association of Liars reported existing home sales for December today. They said that existing home sales “increased 2.7 percent to a seasonally adjusted annual rate of 5.36 million in January from a downwardly revised 5.22 million in Dec…
This article is an excerpt from last weekend’s Fed Report. Let’s talk about the January FOMC minutes released last week. Here’s what you need to…
Total nonfarm payrolls fell by 2.9 million in January from December. These are the actual numbers, not the Bureau of Liar Statistics seasonal fudge pack…
The Treasury began to pay off the weekly $25 billion in SFP CMBs this week resulting in a net paydown of $12 billion at Thursday’s…
The lagged data from the worst housing indicator in the world, Case Shiller, came out this week, following last week’s release of existing home sales…