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Tyler Duren: “you have to lose everything to be free to do anything”
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Clusterfuck Nation
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Calculated Risk
- Chemical Activity Barometer increased slightly in July July 25, 2017Note: This appears to be a leading indicator for industrial production.From the American Chemistry Council: Chemical Activity Barometer Notches GainThe Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), ticked up 0.1 percent in July following a flat reading in June and a 0.2 percent gain in May. G […]Bill McBride
- Case-Shiller: National House Price Index increased 5.6% year-over-year in May July 25, 2017S&P/Case-Shiller released the monthly Home Price Indices for May ("May" is a 3 month average of March, April and May prices).This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index.From S&P: The S&P Corelogic Case-Shiller National Home Price NSA Index Sets […]Bill McBride
- Tuesday: Case-Shiller House Prices July 24, 2017From Matthew Graham at Mortgage News Daily: Rates Begin Week Unchanged at July's LowsMortgage rates held steady today, which leaves them in line with the lowest levels in July. [30YR FIXED - 4.00%] ... The most obvious calendar item is the Fed Announcement on Wednesday.Tuesday:• At 9:00 AM ET, FHFA House Price Index for May 2017. This was originally a G […]Bill McBride
- Funny Real Estate Quote from 10 Years Ago July 24, 2017Time flies!Ten years ago, the NAR reported existing home sales of 5.75 million SAAR for June 2007. Since then sales for June 2007 have been revised down to 5.120 million SAAR.Note: Earlier today, the NAR reported June 2017 sales at 5.52 million SAAR - after several years of increasing sales.Ten years ago, NAR's senior economist said: "It is too ear […]Bill McBride
- A Few Comments on June Existing Home Sales July 24, 2017Earlier: NAR: "Existing-Home Sales Retreat 1.8 Percent in June"Inventory is still very low and falling year-over-year (down 7.1% year-over-year in June). Inventory has declined year-over-year for 25 consecutive months, although the pace of decline has slowed over the two months.I started the year expecting inventory would be increasing year-over-ye […]Bill McBride
Seeking Alpha
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