Posts under ‘Real Estate’

February ISM Services Index dips to 56. CoreLogic February Home Price Index hits a new post bubble low falling 2%. The CFTC refuses futures on political events.

LPS reports improvement in the February delinquency rate. House prices are expect to slip another 3-10% this year. Tobin’s Q is .95, 1.05+ is dangerous.

Stocks finished the 1st quarter with solid gains after reaching 4-year highs. That said the S&P 500 has gone effectively nowhere for 5-years. Yet more fraud.

San Francisco leads the nation as home prices drop 2.5% during January as per Case/Schiller. Durable Goods come in below expectations with a gain of 2.2%.

The Case/Schiller Home Price Index falls .8% in January to a new post bubble low. The MF Global fraud heats up. FHA wobbles towards needing a bailout.

Pending home sales slip again. February Chicago Fed NAI falls .42 to -.08. 3-month moving average gains .08 to +.3 so steady as she goes at least for now.

Residential inventory is more or less normal but sales continue to struggle, February New Home sales fall 1.6%, the median price gains 7.7% to $233,700.

Stocks fall for a 3rd day on global economic slowdown fears. Merrill Lynch calls a bottom in real estate, will see as housing data is mixed at best.

Existing home sales slip .9% in February. MBS investors cry foul over the 25 billion settlement with the banksters as principal write downs will lead to losses.

Construction activity increase in February. Pro Publica looks at the 26 billion mortgage settlement with the banksters and finds its another sweetheart deal.