Note: For visitors of many Google hosted blogs, the redirect feature from a blogspot address to a custom URL failed for six days (from late Tuesday June 16th until Monday afternoon June 22nd). This is now resolved. Welcome back! I apologize for any inconvenience.Here are a few posts and links that might interest you:
Over the weekend, I looked at some historical data for house prices and the unemployment rate. Here is the national data, and for several cities: Miami, Chicago, Dallas, Washington, D.C., Los Angeles, New York, San Francisco, Boston, Seattle, and Detroit.
On Saturday, Matt Padilla of Mortgage Insider posted a guest book review of Jim Grant's book: Mr. Market Miscalculates: The Bubble Years and Beyond: The Greenspan Problem (all views are Matt's)
A quote via Bloomberg: “I am not particularly of the green shoots group yet,” [General Electric Co. Vice Chairman John] Rice said ... “I have not seen it in our order patterns yet. At the macro level, there may be statistics suggesting the economy is starting to turn. I am not seeing it yet. ... We are preparing for 12 or 18 months of tough sledding.”
From the BLS: Record Unemployment Rates in Eight States
State Personal Income Tax Cliff Diving and More on State Income Taxes
Once again, welcome back!