Avid readers of this blog will remember earlier this year the warning calls that went out about the impending new phase of our national and global finance. The part that surprised me was that it has taken this long to get this far. The stones are all lined up for the avalanche, but some of […]
For close to a year now, Bruce Henderson (my co-blogger here) has been using his Boomerang data mining technology to gather and present housing- and economic-related data from across the nation (for an example, see the Hardtack site). For just about that same period of time, he’s been making posts at this blog that expressed […]
I fully anticipated the 2000 Tech Crash, due to the insane spending of dot.com startups with no products and no clear business plan. Having been part of a venture-funded startup in the early 1990s — one that took five years to run through a grand total of $7M of venture capital — I heard big […]
No, you can’t make stuff like this up. According to the Wall Street Journal, Macy’s has decided to cancel their plans to build fake homes inside many of their flagship stores. These houses were part of a marketing push around Martha Stewart (MSO) products being carried at these stores. These plans were shelved due to […]
Frequent readers of this Blog know that I have been using a new kind of software to help track hidden aspects of the business cycle, both for our customers and for my own interests. The working theory here is that the data you can get from government and industry reporting agencies are no longer inherently […]
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 […]
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 […]
Tweeter Cuts Back – Video Fans Mourn
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 […]
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