spievak

Seasonal Effects in Housing Cloud Market Status

It would be helpful to see this data segregated by home price. My sense is that any actual increase in sales is likely occurring at the very low end of the market (the sub-$200K range) where the tax credit actually has an impact. Do you have any data on that?

Morgan Stanley on Subprime (Still Hurting), Real Estate and More

I agree. Judy, I read your work every day. Thank you for your efforts and the quality of the research and writing!

Setting a New High Mark for the Next Housing Bubble

You're all largely in line with your thinking and just disagree (somewhat) on how many years it will take to equalize. One factor that I think may not be getting sufficient consideration is that there are millions of households now in the process of losing all their cash and equity. Even once inventories start to get absorbed and prices begin to normalize (whenever that may be), we're going to have a nation of permanent renters who cannot afford to get back into "ownership" due to what will be at least temporarily sane lending standards.