First off, I would like to thank everyone for the mountains of praise and complements on our coverage of the fires in San Diego last week. It was a large amount of work, but I think it really helped everyone, including myself, understand what was going on. Several folks have expressed interest in how and […]
Once again fireimaging.com delivers the IR data, and you get to see the results. Poomacha continues to burn now on the East side of Palomar. I am sure everyone is quite tired of this thing already, and I know we are tired of the constant smoke plume over head. This image was created in Google […]
The North County Times has created an interactive application for finding out which homes have been damaged or destroyed by the fires last week. I know from comments and emails that many of our readers are keenly concerned with specific areas / address for friends or family. This web page will allow you to look […]
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 […]
…is that he was interviewed by BusinessWeek.com, which has now written up the OSG Hardtack website: Finally, I promised earlier that I’d explain why OSG built this site — since my first question upon finding this site was, “Who are these guys and why did they create this?” One of OSG’s specialties is designing systems […]
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 […]
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 […]
Here comes the bubble, redux
Some months back I raised a cautionary flag over what I considered to be the excessively high valuation of VMWare (“Uh oh…Tech Crash 2.0?”). I got caught in the original (though largely unacknowledged) tech crash in the 1988-1991 time frame and so was able to see (and avoid) what is largely (if incorrectly) termed the […]
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