Archive for the ‘Housing’ Category
Tuesday, May 13th, 2008
One of the highlights of my week is seeing a new episode of "This American Life" pop into my podcasts folder in iTunes. For those of you not familiar with the show, it is a one hour radio program produced by Chicago Public Radio and hosted by Ira Glass.
This ...
Posted in Economy, Housing, Mortgages | No Comments »
Saturday, April 19th, 2008
I have read a lot about the subprime mortgage crisis, and found most of the explanations a little hard to get my head around. A friend e-mailed me a link to a presentation (hosted on Google Apps), that I feel, does the best job of explaining the whole subprime ...
Posted in Economy, Housing, Humor, Mortgages | No Comments »
Tuesday, January 29th, 2008
The New York Times is reporting that sales of new homes fell by 26% last year. This is the biggest drop since the US government began keeping records in 1963. Prices are also declining. The December median new home price declined 10.9% from a year ago, to $219,200. For ...
Posted in Economy, Housing | No Comments »
Saturday, January 5th, 2008
A study featured in the January 3, 2008 edition of The Wall Street Journal indicates that national housing prices would need to fall by 15% over the next five years, while rents would need to increase by 4% per year in order for the historical relationship between the two to ...
Posted in Economy, Housing | No Comments »
