Thursday, September 24, 2009

Fed: Homeowner Mortgage Obligations Still Historically High

›
The Federal Reserve released the Household Debt Service and Financial Obligations Ratios for Q2 today. NOTE from Fed: "The limitations...

Hotel RevPAR off 18.3 Percent

›
We are now into the business travel season, and as expected, RevPAR is off sharply from 2008. From HotelNewsNow.com: Oahu Island occupancy i...

More on Existing Home Inventory

›
First, on the "shadow inventory" from Bloomberg: Housing Crash to Resume on 7 Million Foreclosures, Amherst Says The crash in U.S...

Existing Home Sales Decline in August

›
The NAR reports: Existing-Home Sales Ease Following Four Monthly Gains Existing-home sales – including single-family, townhomes, condominiu...

Weekly Unemployment Claims Decline

›
The DOL reports weekly unemployment insurance claims decreased to 530,000: In the week ending Sept. 19, the advance figure for seasonally a...
Wednesday, September 23, 2009

Volcker on Financial Reform

›
Former Fed Chairman Paul Volcker testifies in front of the House Financial Services Committee at 9 AM ET on Thursday about financial reform....

Jim the Realtor: New Homes in San Diego

›
Just so you know, builders are still building in parts of San Diego (Carmel Valley). Pretty amazing ... "Completely sold out. Sold ou...

Falling Rents, Credit Card Defaults, and Market

›
Click on graph for larger image in new window. This graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears"...

FOMC Statement: Slow MBS Purchases

›
Statement from the FOMC : Information received since the Federal Open Market Committee met in August suggests that economic activity has pic...

Retail Hiring Outlook "Jobs Scarce"

›
From the WSJ: Holiday Jobs Look Scarce as Pessimism Grips Retail ... About 40% of stores surveyed across a broad swath of retailing ... tol...