Yesterday's news that the Case-Shiller index continues to move upwards is not necessarily good. The index shows that home prices rose another 0.3% in February [more…]
Today was one of those days. A flurry of new data about the economy all of which left us exactly where we were. I suppose [more…]
Yes. Aside from the distraction of the sequester lunacy there is an actual economy to concern us. Today's reports are decent, so they are worth [more…]
One way to take your mind off of sequester week is to look at today's report on home sales. It's good.
Sales of new homes [more…]
If you believe that one of the depressing factors in recent years has been the deflation of home prices and along with it the erosion [more…]
Yes it's hard to focus at this time of year under the best of circumstances. This year is even worse. The background noise provided by [more…]
Real estate that is.
While we are all being distracted by totally unnecessary and febrile discussions of fiscal cliffs there is actual useful information emerging [more…]
Good news: sales of new homes rose 5.7% in September to an annual rate of 389,000. This is the highest rate of activity since early [more…]
The last couple of days have brought us more news to support the notion of a solid, if unspectacular, recovery being well underway. Both industrial [more…]