Tag Archives: Bernanke

The Emperor Has No Clothes; Or Why Aren’t The Pundits Looking At Inventory?

I know, I know, I’m pounding the inventory drum to death.  I guess I just can’t help it; it’s just so painfully obvious.  Do you remember the Hans Christian Andersen story of the emperor who is persuaded by a swindler … Continue reading

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Some Thoughts On Bernanke, Interest Rates And The State Of The Market

Today, the National Association of Realtors’ pending homes sales data, representing June’s homes entering contract, showed a decline of .04%.  Analysts expected a smaller decline of .01%.  The Decline is being blamed on a combination of low inventory (can’t go … Continue reading

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Thoughts On Interest Rates And Housing

Mortgage rates have risen 1.10% since May and while 1% may not sound like much, it represents an increase of 67% and that does sound like a lot.  Effectively rising interest rates means a home buyer can afford less and … Continue reading

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Something To Keep In Mind

Yesterday was an interesting day for anyone involved with real estate.  Whether you’re a Realtor, mortgage broker, buyer or seller, the events of May 28 were pretty incredible.  As is the story on the last Tuesday of every month, the … Continue reading

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The Problem With Pipeline

Pipeline.  I suppose the word stems from the bringing of water from the well to the parched.  Perhaps it comes from the ancient times.  King Herod is supposed to have built miles of waterways to water the lands of Israel.  … Continue reading

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If It Walks, Looks and Quacks Like a Duck, It’s A Duck

I have said in the past that I wish I were Diana Olick from CNBC.  She made herself a nice little career reporting on housing’s demise.  So it should be very interesting watching how she handles the role going forward.  … Continue reading

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The Housing Recovery: Thank You Fed and Thank You…Banks?

Summer 2012 will be remembered in real estate circles as the summer of no inventory and the return of the building industry.  Yesterday it was reported that housing starts declined by 1.1%; a number that might give pause to many … Continue reading

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