Blogs Posts on "Market Trends"

Op-Ed Friday: Fighting For The Right To Hang by Housing Doom on Nov 20, 2009It’s Friday, and if you are part of our Doom’s typical demographic, likely as not you are an affluent white male- and this issue might not be near and dear to your heart.  For this mother of five though, I’m watching the battle...

Will Court Ruling Help Kill Commercial Real Estate Lending? by Housing Doom on Nov 20, 2009A recent court ruling forcing Citibank to continue funding a New York development might be a case where developers win a battle, but loose the war: A ruling that Citigroup Inc. must resume lending to a stalled Syracuse, N.Y., mall project could push...

Toxic Loans Ruled Cause Of Death For Banks by Housing Doom on Nov 19, 2009This had to be an easy call- no one suspected the Butler.  Toxic loans have been found to be the cause of death for many banks: [Hat tip Freedom's Phoenix!] The coroner’s report left no doubt as to the cause of death: toxic loans. That w...

Newport Beach Real Estate – Time to Buy? by Newport Beach Real Estate Blog on Nov 18, 2009Is it time to buy? Today, on the front page of the LA Times, “Southern California home prices edge upward again in October,” would suggest maybe the time is now to pull out the checkbook. Or at least, kick the tires a little harder. Timin...

Good News- Housing Starts Down by Housing Doom on Nov 18, 2009  Wall Street may not like it, but lower housing starts is good news for the housing market: Privately-owned housing starts in October were at a seasonally adjusted annual rate of 529,000. This is 10.6 percent (±8.7%) below the revised Sep...

Morgage Delinquencies Are Up 58% From Last Year by Housing Doom on Nov 17, 2009Unemployed people can’t pay their mortgages.  Unemployment is up, and so is mortgage delinquencies: The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive quarter, but the overall deli...

More Can Still Go Wrong With Housing by Housing Doom on Nov 16, 2009  Chris Low, chief economist of FTN financial recently said: [A] stable housing market is essential to a stable banking system, and he believes “everything that can go wrong in the housing market already has.” I would disagree. On...

AEI Credit Crunch II: Complete Annotated Transcript by Housing Doom on Nov 15, 20091:27:42 No, might go wrong. - Allan Meltzer Doom Transcripts: Index & Guide Almost 19 months later, Doomers may enjoy putting some of these opinions up against what actually took place. Housing Doom is pleased to present a complete unauthorized...

Phoenix Housing Recovery? Not Really by Housing Doom on Nov 13, 2009  Dr. Jay Butler of ASU’s Realty Studies has released his monthly report on the Phoenix housing market.  He says he see’s "signs of recovery" in the market, but then goes on to say the market is "still bottoming out&...

AEI Subprime VI: Q&A by Housing Doom on Nov 7, 2009Well I think at some point we’re going to have a government in power that’s going to make a choice between the American people and our creditors, who are predominantly foreign. And I think that choice will involve letting the dollar depre...