Posts tagged as:

recession

Surprise! Government report on Negative Equity Gets it Wrong

January 20, 2010

by Scott Sambucci
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A DSNews article from yesterday (”GAO Releases Report on Loan Performance and Negative Equity“) covers the release of a US Government Accountability Office report – Loan Performance and Negative Home Equity in the Nonprime Mortgage Market. The report is a look at loan performance and negative equity across the 16 US markets, taking a faulty [...]

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Housing Market Programs: Public Policy & Research Largely Ignored

January 4, 2010

by Scott Sambucci
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With HAMP and other government housing recovery programs cycling through their first year, some hard numbers are emerging to gauge program effectiveness.  We watch the market changes every week here and it’s elucidating to watch local trends respond to the incentive systems put in motion. An intriguing result is how academic and housing market policy [...]

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Visualizing the Impact of the Home Buyer Tax Credit

December 1, 2009

by Mike Simonsen
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Ah the glorious Home Buyer Tax Credit. Consumers lust for it, and NAR spent a fortune getting it extended. Realtors are indeed finding it a valuable incentive for business this year.
And housing stimulus goes beyond the tax credit too, the feds are pumping money into mortgages, keeping rates on conforming loans ridiculously low.
But Uncle Sam [...]

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Steve Forbes at the Five-Star Default Servicing Conference

September 22, 2009

by Scott Sambucci
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The Five-Star Default Servicing Conference featured Steve Forbes as the keynote speaker yesterday. I was fortunate to attend his presentation and wanted to share some of the key points that he covered during his address.
Forbes began by stating that we’re “at an extraordinary place in economic history.” However, while the global economy has [...]

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Gary Becker on Productivity – Homebuilder Applications?

September 14, 2009

by Scott Sambucci
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The Becker-Posner Blog draws attention to the role of innovation and new technology in overcoming the current recessionary environment. Gary Becker, Nobel Prize laureate for Economics, suggests that innovation will lead the economy back to positive ground.
I’m calling attention to Becker’s post because it directly relates to some perspectives I offered on economic output and its [...]

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Recession and Recovery July 2009

July 3, 2009

by Mike Simonsen
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If you follow me on Twitter you might have noticed this economic data theme. There is some good evidence of a recovery from the current economic gloom.
I follow the weekly economic indicator data from ECRI very closely. It comes out each Friday and has reputation of being the most consistently reliable predictor for the turning [...]

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