http://www.inveslogic.com/popular/articles/housing Housing - Today's Popular Articles at http://www.inveslogic.com en http://www.inveslogic.com/sectors/directory/calculated-risk/1386057?rsstype=populararticles&cid=55 The Fed's favorite house price indicator from First American CoreLogic s LoanPerformance ...From LoanPerformance: January Home Price Index Shows Narrowing Annual Decline National home prices, including distressed sales, declined by 0.7 percent in ... Thu, 18 Mar 2010 10:46:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1386057?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/mishs-global-economic-trend-analysis/1386233?rsstype=populararticles&cid=55 The interactive map below displays the worst banks in the country by Texas Ratio and capitalization. Data is from FDIC Reports as of February 2010.Data for the map was filtered from a 7500+ list of FDIC governed banks. It includes banks with a Texas... Thu, 18 Mar 2010 10:38:00 -0400 http://www.inveslogic.com/sectors/directory/mishs-global-economic-trend-analysis/1386233?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1386058?rsstype=populararticles&cid=55 From Binyamin Appelbaum and David Cho at the WaPo: Small banks lag in repaying Treasury for bailout funds [H]undreds of community banks have yet to return their bailouts. More than 10 percent of the 700 banks that got federal bailouts and are still h... Thu, 18 Mar 2010 09:24:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1386058?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1385753?rsstype=populararticles&cid=55 Mortgage fraud was rampant during the housing boom. Regulators were asleep at the wheel during all of this. But now we are getting some indictments as WFAA News 8 in Dallas reports (hat tip Housing Wire). This television station did the dirty work fo... Thu, 18 Mar 2010 01:19:47 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1385753?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1385356?rsstype=populararticles&cid=55 These are troubled times indeed particularly for four regional housing markets where prices have literally fallen off the charts!Prices for homes in Detroit, Atlanta, Cleveland and Las Vegas now sit at levels not seen in at least ten years.... Wed, 17 Mar 2010 12:53:59 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1385356?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/random-rogers-big-picture/1384983?rsstype=populararticles&cid=55 Once or twice before I've mentioned my enjoyment of the very profane and violent HBO series Deadwood. If you are also a fan of the show chances are one of the things you like, you know besides the profanity and the violence, is some of the one liners... Wed, 17 Mar 2010 08:25:00 -0400 http://www.inveslogic.com/sectors/directory/random-rogers-big-picture/1384983?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1385082?rsstype=populararticles&cid=55 The MBA reports: Mortgage Applications Decrease in Latest MBA Weekly SurveyThe Market Composite Index, a measure of mortgage loan application volume, decreased 1.9 percent on a seasonally adjusted basis from one week earlier. ...The Refinance Index d... Wed, 17 Mar 2010 08:03:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1385082?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1385013?rsstype=populararticles&cid=55 by Carolyn AustinThis winter s plethora of snow and bad weather was behind much of the economic news lately, from unemployment claims to retail sales. Housing starts are no exception.... Wed, 17 Mar 2010 07:01:06 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1385013?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1385014?rsstype=populararticles&cid=55 American government seems to have had great reluctance to intervene in markets to assure fair play and a lack of abuse in and to those markets. This is unfortunate, as we have seen. However, the federal government has had no reluctance at all to inte... Wed, 17 Mar 2010 07:00:49 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1385014?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/bubble-meter/1385072?rsstype=populararticles&cid=55 Compare Australia's housing bubble to America's:One may wonder why their bubble keeps growing. Apparently, the Australian government has been actively promoting the bubble at taxpayer expense.... Wed, 17 Mar 2010 07:00:00 -0400 http://www.inveslogic.com/sectors/directory/bubble-meter/1385072?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/a-canadian-econoview/1384851?rsstype=populararticles&cid=55 President Obama is attempting to use a mis-timed announcement by Israel of its intention to build housing units in East Jerusulem as a means of pressuring Israel into making major concessions to the Palestinian Authority. Israel has apologized for t... Wed, 17 Mar 2010 06:34:16 -0400 http://www.inveslogic.com/sectors/directory/a-canadian-econoview/1384851?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1384780?rsstype=populararticles&cid=55 A fairly busy news day made lots of people happy yesterday.Housing Starts came in at 575k, with an upward revision of last month s figure to put it at 611k. Yay! Builders are probably pleased with the first pan-600k number in over a year (but see... Wed, 17 Mar 2010 02:33:27 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1384780?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1384556?rsstype=populararticles&cid=55 This is just a reminder to take FOMC forecasts with a grain of salt.First, the NBER determined that the great recession started in December 2007, and the FOMC met that same month - so we can see what they were thinking. The participant were aware tha... Tue, 16 Mar 2010 21:32:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1384556?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/vox-baby/1384822?rsstype=populararticles&cid=55 I ve been plowing through Senator Chris Dodd s 1,300-page bill to overhaul financial regulation, and I m surprised. At first glance, it is tougher and better than I had expected. Readers beware: it s not a pretty piece o... Tue, 16 Mar 2010 20:11:09 -0400 http://www.inveslogic.com/sectors/directory/vox-baby/1384822?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1384512?rsstype=populararticles&cid=55 The Sacramento Association of REALTORS is breaking out monthly resales by equity sales (conventional resales), and distressed sales (Short sales and REO sales), and I'm following this series as an example to see mix changes in a distressed area. It... Tue, 16 Mar 2010 18:49:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1384512?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1384802?rsstype=populararticles&cid=55 Housing Starts faded in February due to weather, but in the summer months ahead, we think the potency of stimulus could prove inadequate for housing activity as well.February's Housing Starts measured 5.9% short of January's annual pace, as poor weat... Tue, 16 Mar 2010 17:15:06 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1384802?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1384709?rsstype=populararticles&cid=55 Two analysts see signs of building momentum for industrial behemoth GE, which is seeing a more than 3% pop. The notes are spookily similar. J.P. Morgan Chase analysts write in a note out today: We believe that, for the first time in over 10 years, ... Tue, 16 Mar 2010 14:42:24 -0400 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1384709?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1384514?rsstype=populararticles&cid=55 From the Fed: Information received since the Federal Open Market Committee met in January suggests that economic activity has continued to strengthen and that the labor market is stabilizing. Household spending is expanding at a moderate rate but rem... Tue, 16 Mar 2010 14:15:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1384514?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1384404?rsstype=populararticles&cid=55 The dreaded FDA complete response letter, so often seen as a major setback and perceived negatively by investors in afflicted companies, was Monday welcomed with open arms by shareholders in Amylin Pharmaceuticals (AMLN) and Alkermes (ALKS), sen... Tue, 16 Mar 2010 12:23:23 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1384404?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1384408?rsstype=populararticles&cid=55 The release of housing starts and building permits for February showed that activity softened a bit, but considering the weather, the results were a bit better than expected. In any event, as these charts show, it continues to look like we have s... Tue, 16 Mar 2010 12:00:08 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1384408?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1384428?rsstype=populararticles&cid=55 The Commerce Department reported that housing starts fell 5.9 percent in February, from a seasonally adjusted annual rate of 611,000 to 575,000, while permits for new construction dropped 1.6 percent, from 621,000 to 612,000.Homebuilding activity has... Tue, 16 Mar 2010 10:25:55 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1384428?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/big-picture/1384126?rsstype=populararticles&cid=55 Weather impacted Feb Housing Starts totaled 575k annualized, 5k above estimates but down from 611k in Jan which was revised up by 20k. Permits totaled 612k, 11k above expectations but down from 622k in Jan. With both starts and permits, single family... Tue, 16 Mar 2010 08:52:34 -0400 http://www.inveslogic.com/sectors/directory/big-picture/1384126?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1384058?rsstype=populararticles&cid=55 Clayton Homes, a subsidiary of Berkshire Hathaway (BRK.A), introduced a novel concept in 2008 intended to appeal to a wider demographic than the traditional buyers of manufactured and modular homes. The Clayton i-house incorporates numerous upsc... Tue, 16 Mar 2010 08:37:19 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1384058?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1384152?rsstype=populararticles&cid=55 Click on graph for larger image in new window.Total housing starts were at 575 thousand (SAAR) in February, down 5.9% from the revised January rate, and up 20% from the all time record low in April 2009 of 479 thousand (the lowest level since the Ce... Tue, 16 Mar 2010 08:30:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1384152?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1384062?rsstype=populararticles&cid=55 On Monday, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing declining results for all measures.It's important to recognize that although each sentiment index has now shown notable year-over-yea... Tue, 16 Mar 2010 08:23:38 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1384062?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/big-picture/1384128?rsstype=populararticles&cid=55 Posting will be light this morn, as I am presenting at the NYHFRT today.The topic: The housing boom and bust, the credit bubble, as well as the stock market crash where do we go from here and how to repair the financial markets.Looks like a good ... Tue, 16 Mar 2010 07:45:30 -0400 http://www.inveslogic.com/sectors/directory/big-picture/1384128?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/bubble-meter/1384141?rsstype=populararticles&cid=55 Financial analyst Meredith Whitney forecasts a second fall in the housing market:The US housing market will face another retreat while mortgage-backed securities and Treasurys are likely to go through a material correction, Meredith Whitney, CEO of... Tue, 16 Mar 2010 06:49:00 -0400 http://www.inveslogic.com/sectors/directory/bubble-meter/1384141?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/bubble-meter/1383924?rsstype=populararticles&cid=55 Here's a brief summary of the financial reform bill proposed by Senator Dodd:Consumers: A consumer-protection division would be created within the Federal Reserve, with the ability to write new rules governing the way companies offer financial produc... Tue, 16 Mar 2010 06:35:00 -0400 http://www.inveslogic.com/sectors/directory/bubble-meter/1383924?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/a-canadian-econoview/1383663?rsstype=populararticles&cid=55 Worrying About the Housing Bubble: Dean Baker is more than worried about the housing bubble: CEPR Press Release (07/07/05): The ABC of the Housing Bubble.... Over 2 million housing units are being built annually, while the number of households is on... Tue, 16 Mar 2010 00:33:32 -0400 http://www.inveslogic.com/sectors/directory/a-canadian-econoview/1383663?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/brad-delongs-semi-daily-journal/1383687?rsstype=populararticles&cid=55 Buce: A Repo Man Spends his life Getting Into Tense Situations Great moments with Mr. Nixon Worrying About the Housing Bubble: Hoisted from the Archives from July 2005 FireDogLake Health Care Whip Count Rajiv Sethi: An Ecological Perspective on F... Tue, 16 Mar 2010 00:31:26 -0400 http://www.inveslogic.com/sectors/directory/brad-delongs-semi-daily-journal/1383687?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1383698?rsstype=populararticles&cid=55 Paul Jackson has a great post at HousingWire: Housing Recovery is Spelled R-E-O [U]sing LPS data, for all loans more than 90 days in arrears, the average days delinquent is now at 272 days up from 204 days in early 2008. For loans in foreclosure, t... Mon, 15 Mar 2010 23:20:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1383698?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1383700?rsstype=populararticles&cid=55 Carolyn Said at the San Francisco Chronicle writes: Short sale tax shortchanges ex-homeowners (ht picosec) California legislators last week passed a bill that ... mirrors a federal law that excludes forgiven debt on a principal residence from bein... Mon, 15 Mar 2010 17:02:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1383700?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/larry-macdonalds-blog/1383551?rsstype=populararticles&cid=55 OTTAWA - The wealth of individual Canadians climbed higher in the fourth quarter as the value of their stocks and real estate... Mon, 15 Mar 2010 16:57:00 -0400 http://www.inveslogic.com/sectors/directory/larry-macdonalds-blog/1383551?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1383701?rsstype=populararticles&cid=55 Last year, included in the Worker, Homeownership and Business Assistance Act of 2009 that extended the popular unemployment benefits were two unpopular and ineffective tax credits: the home buyer tax credit, and a net operating loss carryback exten... Mon, 15 Mar 2010 15:16:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1383701?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/us-market-blog/1383423?rsstype=populararticles&cid=55 Futures were weak this morning as the rhetoric from China's Premier Wen Jiabao this past weekend certainly seemed to open up the door for an escalation in the trade war between the U.S. and China (relations have been rather frigid since the arms sale... Mon, 15 Mar 2010 13:48:33 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1383423?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/big-picture/1383679?rsstype=populararticles&cid=55 The March NAHB home builder sentiment figure was 15, 2 pts below expectations, down from 17 in Feb and matches the lowest level since June 09. Both Present conditions and Future expectations fell and the Prospective Buyers Traffic component was do... Mon, 15 Mar 2010 13:35:19 -0400 http://www.inveslogic.com/sectors/directory/big-picture/1383679?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1383702?rsstype=populararticles&cid=55 Note: any number under 50 indicates that more builders view sales conditions as poor than good. Click on graph for larger image in new window.This graph shows the builder confidence index from the National Association of Home Builders (NAHB).The hous... Mon, 15 Mar 2010 13:00:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1383702?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383320?rsstype=populararticles&cid=55 Chinese companies large and small have raised money through U.S. listings in the last decade. But, while many of Chinas largest publicly-traded companies are listed elsewhere, the U.S. exchanges are heavily weighted with Chinese companies of less... Mon, 15 Mar 2010 12:00:11 -0400 http://www.inveslogic.com/sectors/directory/wsj-market-beat/1383320?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/larry-macdonalds-blog/1383308?rsstype=populararticles&cid=55 OTTAWA - Canadian home resales moved higher in February-setting new monthly records in both Ontario and Quebec - but the rebound is starting to... Mon, 15 Mar 2010 10:19:00 -0400 http://www.inveslogic.com/sectors/directory/larry-macdonalds-blog/1383308?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/howard-lindzon/1383252?rsstype=populararticles&cid=55 It s party time on Wall Street.YOUR problem is that Wall Streeters just booked their sweet gains in the form of bonuses and you are chasing momentum.The market is thick with breakouts and the price momentum is beautiful. There is no reason for 99 ... Mon, 15 Mar 2010 03:54:33 -0400 http://www.inveslogic.com/sectors/directory/howard-lindzon/1383252?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/mishs-global-economic-trend-analysis/1383316?rsstype=populararticles&cid=55 The cover story of Barron's is on public pensions, an issue I have been railing about for years, and heatedly so for several months. Please consider The $2 Trillion Hole. LIKE A CALIFORNIA WILDFIRE, populist rage burns over bloated executive comp... Mon, 15 Mar 2010 02:40:00 -0400 http://www.inveslogic.com/sectors/directory/mishs-global-economic-trend-analysis/1383316?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1382992?rsstype=populararticles&cid=55 As mentioned in the Weekly Summary and a Look Ahead post, the NAHB Housing Market Index for March, and Housing Starts for February, will both be released early this week.Here is a graph showing the relationship between the two series: Click on graph ... Sun, 14 Mar 2010 21:33:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1382992?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/mishs-global-economic-trend-analysis/1383012?rsstype=populararticles&cid=55 If president Obama gets his way, still more money, up to $50 billion, will be thrown at the failed Pell Grant system. Pell Grants are based on a means test and the funding comes with no strings attached. The money does not have to be repaid. That alo... Sun, 14 Mar 2010 20:22:00 -0400 http://www.inveslogic.com/sectors/directory/mishs-global-economic-trend-analysis/1383012?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/big-picture/1382982?rsstype=populararticles&cid=55 Roger Nusbaum is the Chief Investment Officer of Your Source Financial, a Phoenix based financial planning firm. Roger also writes about portfolio construction and management, investment products and economics on the Random Roger blog, is an outside ... Sun, 14 Mar 2010 19:30:23 -0400 http://www.inveslogic.com/sectors/directory/big-picture/1382982?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/a-canadian-econoview/1382851?rsstype=populararticles&cid=55 The United States has condemned Israel for announcing the approval of housing construction for Jews in Jerusalem while Vice President Biden was visiting. That's strong language and a striking development. The Obama administration has also publicly ... Sun, 14 Mar 2010 18:30:31 -0400 http://www.inveslogic.com/sectors/directory/a-canadian-econoview/1382851?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1382889?rsstype=populararticles&cid=55 My general outlook for 2010 is for sluggish and choppy growth. Usually the deeper the recession, the steeper the recovery - however recoveries following economic crisis tend to be sluggish (see: The Aftermath of Financial Crises , Reinhart and Rogof... Sun, 14 Mar 2010 17:09:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1382889?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/etf-trends/1382972?rsstype=populararticles&cid=55 Real Estate. Thinking about the sector and its exchange traded funds (ETFs) might be giving you mixed feelings. The sector has been beaten down and dragged around, but it also presents an opportunity for growth in the future.The housing sector is hig... Sun, 14 Mar 2010 17:00:38 -0400 http://www.inveslogic.com/sectors/directory/etf-trends/1382972?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/mishs-global-economic-trend-analysis/1382796?rsstype=populararticles&cid=55 Today, in lieu of a cartoon today, let's take a look at an article that belongs in The Onion, or the back page of the Sunday Funnies.The only problem is the author is dead serious. Please consider In Defense of DeficitsIn Defense of DeficitsThere are... Sun, 14 Mar 2010 13:18:00 -0400 http://www.inveslogic.com/sectors/directory/mishs-global-economic-trend-analysis/1382796?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/calculated-risk/1382703?rsstype=populararticles&cid=55 This will be a busy week with two key housing reports released on Monday and Tuesday: Builder confidence and Housing starts.On Monday, the Fed will release the February Industrial Production and Capacity Utilization report at 9:15 AM ET. Expectation... Sun, 14 Mar 2010 12:03:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1382703?rsstype=populararticles&cid=55 http://www.inveslogic.com/sectors/directory/big-picture/1382697?rsstype=populararticles&cid=55 I spoke with Damon Darlin of the NYT last week about housing and RE agents. He recalled the It s a great time to buy or sell a home nonsense spouted by Real estate agents and the NAR in 2005.As it turns out, they were half right.Darlin put to... Sun, 14 Mar 2010 08:47:01 -0400 http://www.inveslogic.com/sectors/directory/big-picture/1382697?rsstype=populararticles&cid=55