Archive for the 'banking' Category

Double dip economy – Housing entering troubling waters. Nationwide economic and housing data points to challenges ahead. 5 charts showing a difficult second half of 2010.


5 housing and financial stories showing profound weakness in the economy: new home sales break past record low dating back to 1963, prisoners using home buyer tax credit, SoCal inventory spiking, U.S. dollar multi-decade slide, and Fannie Mae cracking down on strategic default.


21,000 Los Angeles MLS homes versus 58,000 distressed properties. Southern California multi-million dollar CRE default. Retail spending up because rich are bored with the financial crisis.


10 important real estate charts showing no housing recovery in 2010. Collapsing housing starts, Texas Ratio problems, construction spending at trough, and real estate equity evaporated.


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