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From Dr. Housing Bubble - view blog entries - visit this blogMarch 25, 2008 at 1:15 am ET
What is occurring right now is reminiscent of what occurred after the subprime worries of February of 2007 dissipated for a few months. During this time, a few high profile companies such as New ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 22, 2008 at 1:13 pm ET
It is no surprise that many lower price areas are taking the brunt of this market correction especially in many cities in Southern California. However, not much has been examined between the synergy of ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 20, 2008 at 2:35 am ET
So much for the 420-point rally. The euphoria only lasted one day and volatility is going haywire in every market including a massive sell off in commodities. So much for juicing the credit ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 18, 2008 at 3:22 pm ET
During this weekend as the Bear Stearns saga was unfolding, CNBC did an unusual thing and switched over to their world feed as the global markets opened on Sunday night. Ironically the scheduled show was ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 15, 2008 at 6:22 pm ET
Last week was one of the most volatile stock market weeks in many years. The market went off its medication and was up and down like a pogo stick. When volatility is this ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 13, 2008 at 6:23 pm ET
The DataQuick numbers for Southern California were released today and the numbers were astounding. Yes, I’m sure that you’ve heard that line probably a thousand times in the last year but in reality, ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 12, 2008 at 2:27 pm ET
The rally on Wall Street yesterday was the largest one-day jump in 5 years. Was the rally based on healthy economic news? No. Was the major increases based on a housing market ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 10, 2008 at 8:26 pm ET
I’ve learned as this market continues to unwind that many proposals issued out by our government carry a lot more bark and have very little bite. Yet there are some proposals that flat out ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 8, 2008 at 8:05 pm ET
Some have commented that much of what is being said on housing blogs is self indulgence and a form of righteousness. I can’t speak for other blogs but I care to disagree. Most ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 8, 2008 at 3:17 am ET
Well the week definitely ended on a sour note and appropriately so. A trio of CEOs made their case for insane compensation while their companies walked off the proverbial cliff. We also had ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 6, 2008 at 3:23 am ET
Last week, the media was beating the final march song echoing the sentiment that Senator Clinton was down and out. In fact, early on March 4th, before any results were coming in, the media ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 4, 2008 at 12:22 pm ET
A bicoastal strategy is not an effective way to balance out a company. Countrywide has been at the center of the mortgage market meltdown. It is important to understand the five main segments ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogMarch 1, 2008 at 10:29 pm ET
Many know the story of the Pied Piper of Hamelin. Legend has it, that in 1284 the town of Hamelin Germany was suffering from rat infestation. The townsmen where worried and desperate for ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 29, 2008 at 3:23 am ET
There has been a great debate going on in the comment sections these last few days. I’m not sure if the coming election is getting everyone fired up or is it the sound of ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 28, 2008 at 1:06 am ET
You know someone loves you when you post a $3.6 billion quarterly loss and you end the day up 1 percent. We are talking about the mortgage giant Fannie Mae. Incredibly, the action ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 26, 2008 at 2:42 pm ET
As we quickly approach our Wile E. Coyote moment in the market, we have once again returned to the selective attention desperation of early 2007. You know, the moment when we are rapidly chasing ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 25, 2008 at 2:26 am ET
The deflation versus inflation debate is a hotly debated one. If we are to look at the Consumer Price Index as our guide to inflation, we can see that yes by this measure inflation ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 22, 2008 at 3:57 pm ET
I prefer to take economic data and information like I take my sushi, raw with wasabi. In October, we reported the monumental tipping point of going over 10,000 short sales in Southern California. ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 21, 2008 at 3:13 am ET
We have many important dates in history. In 384 BC Plato returns to Athens and founds a school of philosophy. In 1969 Neil Armstrong is the first person to set foot on the ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 19, 2008 at 2:00 am ET
One of my favorite economic blogs is Mish’s Global Economic Trend Analysis. Mish has been blogging about economics and the ultimate busting of the credit bubble for years, standing by his economic model ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 16, 2008 at 6:18 pm ET
As many of you are well aware of, the California budget is facing a drastic short fall. This isn’t anything new since we as a state always seem to have very little problem spending ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 15, 2008 at 2:39 pm ET
For all the bashing against hope in politics, the same cynics are the one’s pushing and pumping Orwellian type housing programs like “Hope Now” and “Project Lifeline.” Remember how the White House first said ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 14, 2008 at 2:14 am ET
“Anyone who lives within their means suffers from a lack of imagination” -Oscar Wilde
The housing market in Southern California is similar to skydiving, except with a small caveat of course. You are told ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 12, 2008 at 3:36 am ET
It wasn’t too long ago that we were told that having an ownership society would be a good thing for this country. In fact, this was such a good thing that in 2004 the national ... ( more)
From Dr. Housing Bubble - view blog entries - visit this blogFebruary 9, 2008 at 4:12 pm ET
Last week we were presented with a very weak service sector report. The Institute for Supply Management issues a monthly report on non-manufacturing employment and market sentiment. The market was expecting a reading ... ( more)
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