Archive for December, 2009
The Numbers Still Say 30% Down 30% To Go

It’s very nice that values achieved a gain of .013% in October, but we still have a 30% fall ahead of us and, as you know, we have a 30% fall behind us. Better send in your mortgage… Read more
Fed Treasury Choke On Kryptonite

The housing market remains oversupplied by 860,000 units when compared to a 10-year average inventory and the overhang represents a direct contradiction to the spirit of Tuesday’s headlines… Read more
Four More Years To Fall

The exhaustive Freddie Mac price index fell 2% nationwide in the 3rd quarter and analysis of its data predicts prices will continue to fall for the next four years. While Freddie announced… Read more
