Increasingly-famous economist and housing market sage Robert Shiller spoke in Seattle this morning at a business breakfast downtown and this afternoon at Seattle Pacific University. Mr. Shiller’s presentations focused on the role that psychology plays in economic markets, a topic that he explores with co-author George Akerlof in their recent book Animal Spirits. The morning…
Month: April 2009
Seasonally Adjusted Active Supply: A New Measure of Market Virility
With the increasing disparity between pending and closed sales, using “Months of Supply” as it is traditionally calculated to provide a measure of market “strength” is becoming more and more misleading. In order to address this issue, I have devised a new measure of market vitality: Seasonally Adjusted Active Supply (SAAS). To determine the SAAS,…
Reminder: Robert Shiller at SPU Today at 1PM
Don’t forget that Robert Shiller (yes, the Shiller in the Case-Shiller Home Price Index—which comes out again tomorrow) will be speaking at Seattle Pacific University today from 1:00 PM to 2:45 PM. The event is free and open to the public. Hit the SPU website for more info. I will be attending the afternoon session…
Monday Open Thread (2009-04-27)
Here is your open thread for Monday April 27h, 2009. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in the user-driven…
Poll: How much of a discount have you negotiated in your rent?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 05.02.2009.