Can'tSpotABubble?

Looks Like a Bottom for Residential Construction Spending

You've called the bottom many times before with regard to housing, so I must take your post with a grain of salt. You never really know a bottom until you are several quarters past it.

According to Treasury Spread Model, No Chance of a Douple-Dip Recession

More pollyanna from Prof Perry....

No credit crunch: seekingalpha.com/artic...

US Economy doing quite well: seekingalpha.com/artic...

We're still a long way from a banking crisis: seekingalpha.com/artic...

A little perspective, according to the world of Dr. Mark Perry:

First, there's no recession:
mjperry.blogspot.com/2...

Second, the monetary base was growing at an acceptable rate:
mjperry.blogspot.com/2...

Third, the big one, there is no credit crisis:
mjperry.blogspot.com/2...

mjperry.blogspot.com/2...

mjperry.blogspot.com/2...

Especially because, "banks are lending at record levels":
mjperry.blogspot.com/2...

Remember, this is an *economist* saying this. And yet I highly doubt that any respected economist would buy this, nor is the market (A2/P2 less AA spread, TED spread both blown out to ridiculous levels).
www.federalreserve.gov...

U.S. Housing Market Has Likely Bottomed

I saw the headline and thought Mark Perry was the likely author. I forgot about his Asian twin.

Is Housing Back?

When is SA going to can this clown? We need to start calling you Dr Happy. Come out of the ivory tower Mark!

More on the Great Housing Recovery Debate

There is no freaking debate amongst those who are sane. Housing will NOT recover until there is across the board price reversion to the mean with respect to incomes and inflation.

My criteria for knowing housing has stabilized is the far off day that I can buy a property with 20% down cold, hard cash and turn around the following day and rent said property and have at least $1 of annual positive cash flow after P.I.T.I. and associated expenses.

I'm getting real sick of everyone calling the bottom. I've been hearing it for over 2 years now.

The bottom will not be ascertained until we are at least 2 quarters past it. That day seems far away.......

Housing Affordability Falls: Is Real Estate Market in Recovery?

Professor Perry's record speaks for itself.... Follow his advice at your peril:

No credit crunch: seekingalpha.com/artic...

US Economy doing quite well: seekingalpha.com/artic...

We're still a long way from a banking crisis: seekingalpha.com/artic...

A little perspective, according to the world of Dr. Mark Perry:

First, there's no recession:
mjperry.blogspot.com/2...

Second, the monetary base was growing at an acceptable rate:
mjperry.blogspot.com/2...

Third, the big one, there is no credit crisis:
mjperry.blogspot.com/2...

mjperry.blogspot.com/2...

mjperry.blogspot.com/2...

Especially because, "banks are lending at record levels":
mjperry.blogspot.com/2...

What a Housing Rebound Could Mean for Dollar ETFs

Your premise of a real estate recovery is severely flawed... hence so is the remainder of your analysis.

Has the Housing Market Reached a Bottom?

I'm so tired of MP.... Thanks tuj for calling him out. Don't bother going to his blog, if you post anything that is contrary to his fairy tales you will find your post deleted.

What Will Prompt a Housing Recovery?

Lower prices.....

NY Fed Treasury Spread Model Suggests Recession Will End This Year

@PainfullyAware

You hit the nail on the head... Here's a brief synopsis of the Prof's record...

No credit crunch: seekingalpha.com/artic...

US Economy doing quite well: seekingalpha.com/artic...

We're still a long way from a banking crisis: seekingalpha.com/artic...

A little perspective, according to the world of Dr. Mark Perry:

First, there's no recession:
mjperry.blogspot.com/2...

Second, the monetary base was growing at an acceptable rate:
mjperry.blogspot.com/2...

Third, the big one, there is no credit crisis:
mjperry.blogspot.com/2...

mjperry.blogspot.com/2...

mjperry.blogspot.com/2...

Especially because, "banks are lending at record levels":
mjperry.blogspot.com/2...

Time to Buy Real Estate in California?

Here's the way to tell if IHS is right. Go buy some CA real estate with 20% down, turn around and rent it out. If after PITI and all expenses you have money left over then the property is correctly valued.

Some Odd Stats in Pending Home Sales

Let's see how many of them actually close since financing costs are up about 25%.

California Real Estate Market Recovery: Sales Boom, Unsold Inventory Drops

Hat tip to the original poster.....

Dr Perry's record speaks for itself....


No credit crunch: seekingalpha.com/artic...

US Economy doing quite well: seekingalpha.com/artic...

We're still a long way from a banking crisis: seekingalpha.com/artic...

A little perspective, according to the world of Dr. Mark Perry:

First, there's no recession:
mjperry.blogspot.com/2...

Second, the monetary base was growing at an acceptable rate:
mjperry.blogspot.com/2...

Third, the big one, there is no credit crisis:
mjperry.blogspot.com/2...

mjperry.blogspot.com/2...

mjperry.blogspot.com/2...

Especially because, "banks are lending at record levels":
mjperry.blogspot.com/2...

Remember, this is an *economist* saying this. And yet I highly doubt that any respected economist would buy this, nor is the market (A2/P2 less AA spread, TED spread both blown out to ridiculous levels).
www.federalreserve.gov...

The U.S. Housing Market's Very Sobering News

"How do we reconcile the information in Mr. Sullivan's article with Jim Cramer's call that the on going housing catastrophe will bottom in just 30 more days? "

You can't.... Cramer is an idiot.

California First Time Home Buyer Affordability Surges in First Quarter

Pollyanna Perry strikes again!