Tag Archives: economy

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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A Looking Local: Assessing Inventory For The Conejo Valley

I’m not usually quite so local in my blog.  That is, I base my thoughts and opinions on what I am seeing locally but since The Real Estate Conversation is now being read from Spain to Australia, Back East to … Continue reading

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Let’s Get Something Straight

I heard some guy, some housing analyst on CNBC yesterday, tell viewers that homes were more affordable in 2003 than they are today due to the fact that people had better access to adjustable mortgages and interest only financing.  He … Continue reading

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Tom Foolery, Pogo And A Market Update

Yes, you read the headline correctly, Tom Foolery.  I really don’t know how else to describe what just transpired in Washington.  I read an LA Times article that said, “We have met the enemy and he is us;” a reference … Continue reading

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Confidence, Real Estate And Our Way Of Life

The real estate market is changing again.  Of course it’s never static.  Even when it was in free fall, it was moving, just in the wrong direction.  After what has been an unprecedented run since the first of the year … Continue reading

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The Good Old Days

Last night I put on the original Great Gatsby with Robert Redford.  It’s not a particularly good movie really.  I guess it’s just a story that doesn’t translate from the page to the screen.  What struck me however, was this … Continue reading

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The World Is Flat! Thank Goodness… Kinda

There were several interesting items of note it this morning’s paper some good, some not so good.  First and foremost is that it was reported that Southern California prices were flat for the second consecutive month.  Whew!  For a minute … Continue reading

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June 2013: Perception Is 9/10’s Of The Law

Great news for property owners: Case-Shiller, S & P’s housing index, shows home values are up across the nation.  Prices in some areas like Los Angeles Metro, are up for the 15th consecutive month and up over 20% from the … Continue reading

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A Case For Keeping Fannie And Freddie

The President came out two days ago in support of the conservative agenda to do away with Fannie Mae and Freddie Mac.  But there is something that I just don’t understand about the push by the President and Congressional conservatives, … 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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