The False Housing Recovery How To Buy Gold How to Buy Silver Update: The False Housing Recovery of 2014 “Declining housing affordability conditions are likely responsible for the bulk of reduced contract activity” Lawrence Yun, NAR chief economist announcing that pending house sales plunged 5.6% in September The Decline and Fall of the 2013 Housing … Read More →
Welcome to the Recovery! How To Buy Gold How to Buy Silver Real Estate News The recovery that started in 2009 and never really progressed has reversed. The recovery is over. Welcome to the Revocery. QE- Recovery Medicine or Extension of Bailonomics? The current recovery was artificially born in 2009 from the ashes of the … Read More →
Initial Jobless Claims “BREAKING: U.S. unemployment aid applications up only 5,000 to 333,000 – a level that signals steady job gains“. An Associated Press Tweet August 8 2013 (Mis)interpreting Initial Jobless Claims Data -The Initial Jobless Claims Myth Initial Jobless Claims Misinterpreted Each week economists and journalists eagerly await the unemployment application numbers from the … Read More →
The Dark Side of Rising Home Prices What’s Wrong With Higher Home Prices? The Real Estate Industry and Media Tout Rising Home Prices as a Good Thing, But Are They? Real Estate News I guess I don’t buy your premise, its a pretty unlikely possibility, we have never had a decline in housing prices on … Read More →
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