It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). First up, let’s have a look at the source material from the NWMLS itself….
Tag: consumer-confidence
Trashed Consumer Confidence = No Housing Recovery
It’s been a while since we posted an update of our interactive Consumer Confidence chart, and I thought in light of our series of big picture week posts last month it might be nice to see how people are feeling about the economy in general. Consumer Confidence Index Powered by Tableau Since dropping below 25…
Consumer Confidence Falls 10 Points in February
Here’s a mini-roundup of different takes on yesterday’s Consumer Confidence Index release: The Big Picture: What Happens When Consumer Confidence Falls 10-Points? Zero Hedge: Spinning The Consumer Confidence Number Mish’s Global Economic Trend Analysis: Consumer Confidence Plunges To 46 Mish’s Global Economic Trend Analysis: Is Consumer Confidence a Contrarian Indicator? Click through below for an…
State’s Chief Economist: Real Estate to Rebound… in 2011
Washington State’s Chief Economist Arun Raha has been speaking this week about his expectations for Washington’s economy in 2010 and beyond, including his outlook for the local real estate market. Raha said the nation’s big banks are in better shape and are mostly back to normal in terms of lending money to customers with good…
Visualizing the Tax Credit Sales Boost
I’ve been trying to come up with the best way of visualizing just how effective the inefficient, expensive, and economically stupid $8,000 tax credit has been at boosting home sales in the Seattle area, and I think I’ve finally come up with something really good. To generate the chart below, I took all the single-family…