NAR's Lawrence Yun Continues to Mislead on Housing [View article]
For the overhang to disappear, there needs to be a reasonable level of transaction velocity. How will this come about? Ask any now or soon to be unemployed mortgage broker about the prospects. The rental market will do anything but heat up. Homes that can't sell get leased.
How Long Until the Housing Market Recovers? [View article]
These factors coupled with tightened lending standards will lead to even further declines in the velocity of transactions. In areas such as Arizona, it will be long past 09 before the market clears, even in the unlikely event there is no material addition to the foreclosure numbers.
I was surprised when Gartman was reported as being long HOV and generally bullish on the builders. The bottom is at least 2 years away and perhaps longer as the data demonstrate. I don't think the market looks that far out. This is a bear trap.
Will U.S. Markets Crash Now - Or Later? [View article]
Nice to see an article that doesn't just repeat the mantras of the cult of equities. I disagree with him as I think the more likely outlook for the broader indices is a sideways grinding market with US consmer based stocks such as SBUX being hurt and export earning driven stocks doing better.
Homebuilders Emerge From the Penalty Box [View article]
Given the overhang of existing homes, and of equal importance, the difficulty credit worthy individuals now have in obtaining mortgages, this has the look of a bear market rally.
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Latest | Highest ratedHas A Global Housing Slowdown Begun? [Housing Tracker] [View article]
Homebuilders Likely Have Further to Fall [View article]
NAR's Lawrence Yun Continues to Mislead on Housing [View article]
The rental market will do anything but heat up. Homes that can't sell get leased.
The WSJ Is Wrong on the Housing Crisis [View article]
How Long Until the Housing Market Recovers? [View article]
Natural Gas Sold Out: Stage Set for Long-Term Price Doubling [View article]
Real Estate and Financials: Sell the Rally [View article]
Are Homebuilders a Buy? [View article]
Will U.S. Markets Crash Now - Or Later? [View article]
Homebuilders Emerge From the Penalty Box [View article]
Keep EnCana On Your Short List [View article]
Are We Seeing a Bottom in the Financial Sector? [View article]