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Tuesday: Case-Shiller House Prices, Consumer Confidence, Richmond Fed Mfg Survey 27 Aug 2013 | 06:31 am
A very disappointing report from CNBC tonight: Obama source predicts Summers will be named Fed chief soon A source from Team Obama told CNBC that Larry Summers will likely be named chairman of the Fe...
Weekly Update: Existing Home Inventory is up 21.4% year-to-date on Aug 26th 27 Aug 2013 | 03:00 am
Here is another weekly update on housing inventory: One of key questions for 2013 is Will Housing inventory bottom this year?. Since this is a very important question, I'm tracking inventory weekly in...
NY Times: "For Laid-Off Older Workers, Age Bias Is Pervasive" 27 Aug 2013 | 01:56 am
A sad story from Michael Winerip at the NY Times: For Laid-Off Older Workers, Age Bias Is Pervasive [A] substantial number of older workers who lost jobs — even those lucky enough to be re-employed —...
LPS: House Price Index increased 1.2% in June, Up 8.4% year-over-year 26 Aug 2013 | 10:41 pm
Notes: I follow several house price indexes (Case-Shiller, CoreLogic, LPS, Zillow, FHFA, FNC and more). The timing of different house prices indexes can be a little confusing. LPS uses June closings o...
Dallas Fed: "Texas Manufacturing Posts Slower Growth" in August 26 Aug 2013 | 07:34 pm
From the Dallas Fed: Texas Manufacturing Posts Slower Growth Texas factory activity increased but at a slower pace in August, according to business executives responding to the Texas Manufacturing Ou...
LPS: Mortgage Delinquency Rate decreases in July 26 Aug 2013 | 05:31 pm
According to the First Look report for July to be released today by Lender Processing Services (LPS), the percent of loans delinquent decreased in July compared to June, and declined about 9% year-ove...
Monday: Durable Goods, Mortgage Delinquencies, Dallas Fed Mfg Survey 26 Aug 2013 | 06:11 am
Monday: • 8:30 AM ET, Durable Goods Orders for July from the Census Bureau. The consensus is for a 4.0% decline in durable goods orders. The expected decline is from the volatile aircraft orders (and...
The Future is still Bright! 26 Aug 2013 | 01:46 am
For new readers: I was very bearish on the economy when I started this blog in 2005 - back then I wrote mostly about housing (see: LA Times article and more here for comments about the blog). I starte...
New Home Prices 25 Aug 2013 | 08:29 pm
Here are two graphs I haven't updated for about a year. As part of the new home sales report, the Census Bureau reported the number of homes sold by price and the average and median prices. From the...
Schedule for Week of August 25th 24 Aug 2013 | 10:11 pm
The key reports this week are Case-Shiller house prices for June on Tuesday, the second estimate of Q2 GDP on Thursday, and the July Personal Income and Outlays report on Friday. For manufacturing, t...
