Bruce Henderson is a former Marine who focuses custom data mining and visualization technologies on the economy and other disasters.
The National Association of Realtors published figures for existing home sales for April today. Existing home sales fell in April The median price of a home fell to $220,900, an 0.8 percent fall from the midpoint selling price a year ago. It marked the ninth straight decline in the median price. Comparing the national sales […]
National single family home inventory just went over 1.9 Million over on the Hardtack experiment For a while a few weeks ago it looked like the inventory rocket was leveling out, but in reality it was taking a short breather before climbing ever higher. I have no idea when this will slow down, but it […]
Or How I Learned To Stop Worrying And Love Global Warming Global warming – one of the great questions of the year, and maybe of our generation. The press is giving the topic a wide amount of coverage, and most of the headlines are grabbed by modern day prophets of doom. People proclaiming to be […]
I have been fortunate enough to pick up an Apple TV this past weekend, and like a good nerd, spent a vast amount of time tinkering with it. There has been some interest and breathless anticipation waiting for this latest Apple gizmo to pop out of the Cupertino womb. Is it the “next big thing”? […]
Tweeter Cuts Back – Video Fans Mourn Tweeter is a good store, they have an excellent selection of equipment, the sales staff tend to have a clue (at least at the local ones) and the prices are competitive. I purchased my current, highly prized Samsung DLP at Tweeter, and I was very happy with the […]
Last year marked the start of the housing downturn in several markets. The clearest indicator was the ballooning levels of existing home inventory for sale, and the fact that these homes largely stayed on the market until Thanksgiving without moving in an appreciable way. In some markets, at the sales flow rate at the time, […]
It should come as no surprise that divining and quantifying what is happening to the housing market and the connected financial systems is a topic of significant interest for me. While there is an excellent and growing suite of web sites and Blogs around that document elements of what is happening, one piece of information […]
From MarketWatch Alt-A mortgage losses accelerate, study says SAN FRANCISCO (MarketWatch) – Losses on so-called Alt-A home loans are accelerating and could hit the value of lower-rated portions of some mortgage-backed securities, according to a study released on Tuesday. Delinquencies have jumped on Alt-A mortgages originated last year with adjustable interest rates that let borrowers […]
Outstanding graphic from a report by Credit Suisse showing the break down of the size of the mortgage business by percentage and estimated absolute value. Of special note is that a majority of the money (51.4%) now comes from outside the Government Sponsored Entities (GSE), and through Wall Street and hedge funds. That means that […]
Content Based Integration – Upcoming IT Revolution
As I have mentioned frequently on this site, I have been actively researching, developing and delivering a new approach to solving some of the common problems in running business. We have given the name Boomerang to this technology, and it revolves around the notion of what is coming to be known as “Content Based Integration”, […]
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