Gremalin

More Signs of a Housing Bottom

Historically residential real estate has always LED the way in economic recoveries. This implies that all of the other indicators you mentioned aren't being ignored but hopefully, simply following the same profile in this recovery.

A Pick Up in Housing Starts Will Only Prolong the Housing Recession

Need to read the details. The big imbalance creating all the problems we have now is driven by single family inventory. The increase in starts was overwhelmingly due to multi family starts.

Housing: Spring Selling Season Will Be Critical

Been in homebuilding for a long time. The primary indicator of the spring selling season is always February. Feb has come and gone and there is NO spring selling season!!! An inconsequential flurry for the last 4 weeks possibly at best but forget any hope of anything different or better for the next 4 months.

Housing Bailout - This Is Getting Ridiculous

Agree with most of the comments, but typical mortgages are three to four times the typical purchasers annual income. Income not the same as GDP so not sure this comparison is even applicable.

DAP: The Bad Idea That Won't Die

You can argue all you want about what got us to where we are today. Most likely the post mortem will reveal an astounding confluence of events (including: monetary policy, fiscal policy, deregulation, greed by industries and individual home purchasers and global influences previously not experienced) that triggerred this recession.

Bottom line though, is that you need to fix residential real estate and housing first or we'll be in this a lot longer than we all want. Once housing prices stabilize, the stock market will rebound, home equity will begin to increase as the market picks up, consumer confidence will rebound, people will start spending again, jobs will be created and we will all be back in business!!! Pick your poison, but it starts with residentail real estate and housing and recession history has proven this time and time again.