Monday, August 15, 2005

CNN: Home prices post record gains

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CNN reports : Single-home price growth over the 12 months ending June 30 was the strongest in history, according to the National Associatio...

Oil, Trade and Housing

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My most recent post is up on Angry Bear: Oil Prices Revisited . It looks like oil imports will add about $1.2 Billion to the July trade def...
Sunday, August 14, 2005

The "Rising tide of abandoned residential properties"

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Real estate investors are just walking away from residential property and lenders are getting stuck. Some lenders do not want to take title...
Saturday, August 13, 2005

Trade Deficit Projection: June Review

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Three months ago I started to build a simple model to project the trade deficit. I didn't make as much progress as I had hoped, but the...

Prediction July Trade Deficit: Oil

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Gen'l Glut pointed out last month that another jump in oil imports would come in July. It looks like he is correct. Here are the fore...

Inside Report: Greenspan's Concerns

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Novak reports (I know, I know - I'm quoting Robert Novak): WASHINGTON -- Federal Reserve Chairman Alan Greenspan, worried about excess...
Friday, August 12, 2005

NYTimes: Assess Your Area's Real Estate Bubble

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The NYTimes suggests waiting for the experts to declare the bubble over in your area might be too late. Do Try This at Home: Assess Your Are...

Dr. Leamer: Housing a "fragile and dangerous situation"

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AP reporter Michael Liedtke writes on housing: Real estate strong despite higher interest . Of course I'm drawn to this quote from Dr. ...

WSJ: Rise in Supply Suggests Housing Market Cooling

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The WSJ reports : Rise in Supply of Homes for Sale Suggests Market Could Be Cooling By JAMES R. HAGERTY and KEMBA DUNHAM Staff Reporters of ...

Virginia Housing: "It’s Changing"

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UPDATE: More inventory data - GREATER NORTHERN VIRGINIA AREA Active Listings 2005 2004 Pct.Chg Single Family Homes 8,800 6,588 33.6% Cond...