Tag Archives: Economics

Another Projection

The Mortgage Bankers Association came out with their projections for 2011 and 2012 yesterday and their numbers were very interesting.  Years 2008-2010 were clearly difficult for the mortgage industry.  The financial meltdown left only one real buyer in the secondary … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , | Leave a comment

An Economic Blaze Cometh

In U.C. Santa Barbara economic professor Mark Schneipp’s 4th quarter assessment for Ventura County, he states 2010 was an up and down year and that momentum has once again shifted for the better. He predicts that our economic momentum shall … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , | Leave a comment

More On Forecasting

As I watch the bond market sink to levels not seen since last June, I’m contemplating how it is I didn’t take my I own advice right here in The Real Estate Conversation, which was to start my refinance in … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Economic Forecasts

The Anderson School of UCLA as well as Chapman University in Orange, independently reported their forecasts for the economy in California.  In the LA Times, the headlines were positive, but every radio report was decidedly negative.  The body of the … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , , , | Leave a comment

More On Prices

The Case-Shiller index reported a larger than anticipated decline in prices month over month as well as quarter over quarter.  While the news in general was not good, it wasn’t horrific either, and reflects the continued struggle in the economy and … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , , , | Leave a comment

Thankful For What What We Have

More mixed data to digest today… some good news on the unemployment front and consumer sentiment, more bad news on new home and existing home sales.  I’m feeling a bit like I’ll feel tomorrow at about 5:30: overwhelmed, overstuffed but … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , | Leave a comment

Time To Buy or Time To Refinance

Buy your home now or at least begin your search in earnest.  If you are an aspiring homeowner, or planning to move up or down, you really want to get off the fence.  If you are staying put and haven’t … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , , , , | Leave a comment

The Home Interest Tax Dedution Debate

As Congress looks at ways to boost revenues, the Sacred Cow of all write-offs, the Home Interest Tax Deduction has become vulnerable.  The argument in favor of eliminating the interest write off is that no other western nation has it … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , | Leave a comment

And Now For The Good News

It’s been a week of less than great news for real estate.  Flat pricing and declining sales numbers cast a pall over much of the housing industry.  Home repossessions were up; home starts were down and rates shot up in … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The World Is Not Flat At The Bottom

CNBC  reporter Diana Olick blogged today that a poll came out reporting a general consensus amongst housing experts that the market would remain struggling through 2011.  Wow, now there’s a news flash.  The predictions are explained thus: as long as … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , , , | Leave a comment