Tag Archives: housing
News that Moves Markets: Housing Double Dip, Italy Plunge, Korean Bank Run, ECB Emergency Borrowing, NYSE Short Interest Extremely Low
Reducing the Noise: A look at the stories that really matter A quick perusal of the stories below should result in the immediate understanding of why equity markets are lower this week. The fairly heady equity gains of Feb. have been mostly neutralized in two days. This should not be a surprise to anyone actually paying attention the the signs. From […]
G.O.P takes Mass., Market Reaction to G.O.P Win, Housing Starts Plummet, FHA Lifts Fees
G.O.P. takes Massachusetts Senate seat – NY Times NY Times reports Scott Brown, a little-known Republican state senator, rode to an extraordinary upset Tuesday night when he was elected to fill the Senate seat that was long held by Edward M. Kennedy in the overwhelmingly Democratic state of Massachusetts. By a decisive margin, Mr. Brown defeated Martha Coakley, the state’s […]
Happy Holidays, Existing Home Sales, Revised GDP
Welcome to the ‘happy holidays’ edition of the RCM blog. I thought we should begin with a little year end wisdom: “Life isn’t about waiting for the storms to pass. It’s about learning to dance in the rain.” – Vivian Green Managing capital during the last two years required the ownership of solid wading boots and a strong hurricane slicker. […]
Despite Case Schiller, Housing’s Darkest Days Still Lie Ahead
Early last week, real estate circles were sent abuzz by the release of the Standard and Poor’s/Case Schiller national home price index, which revealed that average home prices in the nation’s 20 largest markets experienced a 3% jump in valuations during the second quarter. It marked the first quarterly increase in 3 years for the index, leading some prognosticators to […]
