Comments on: THOUGHTS ON TUESDAY’S DATA http://pragcap.com/thoughts-on-tuesdays-data-3 Sun, 12 Feb 2012 06:49:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Rob http://pragcap.com/thoughts-on-tuesdays-data-3/comment-page-1#comment-3708 Rob Wed, 29 Jul 2009 03:52:36 +0000 http://pragcap.com/?p=6869#comment-3708 Even with the weak auction today the 10yr note (below 3.70%) and the dollar (below 1.42) are still holding on fairly quite well. Even with the weak auction today the 10yr note (below 3.70%) and the dollar (below 1.42) are still holding on fairly quite well.

]]> By: Dean http://pragcap.com/thoughts-on-tuesdays-data-3/comment-page-1#comment-3694 Dean Tue, 28 Jul 2009 22:12:21 +0000 http://pragcap.com/?p=6869#comment-3694 Well, you can check out skepticism on Calculated Risk about the housing data. I think this is the story of the day: http://online.wsj.com/article/BT-CO-20090728-717259.html Well, you can check out skepticism on Calculated Risk about the housing data.

I think this is the story of the day:

http://online.wsj.com/article/BT-CO-20090728-717259.html

]]> By: Rob http://pragcap.com/thoughts-on-tuesdays-data-3/comment-page-1#comment-3664 Rob Tue, 28 Jul 2009 16:46:45 +0000 http://pragcap.com/?p=6869#comment-3664 Locally, here in California many foreclosures are being held off the market. Many foreclosed homes simply sit vacant and are not yet for sale. As the number of foreclosures build up and vacant homes finally come on the market, there will be pressure on prices. California set a foreclosure moretorium just as the Federal moretorium was being lifted. Of 130.8 million housing units in the US 18.7 million of them are vacant. If household formation is about 0.8 million annually, those vacant home provide a lot of potential supply for both rental housing and owner occupied housing. Locally, here in California many foreclosures are being held off the market. Many foreclosed homes simply sit vacant and are not yet for sale. As the number of foreclosures build up and vacant homes finally come on the market, there will be pressure on prices. California set a foreclosure moretorium just as the Federal moretorium was being lifted.

Of 130.8 million housing units in the US 18.7 million of them are vacant. If household formation is about 0.8 million annually, those vacant home provide a lot of potential supply for both rental housing and owner occupied housing.

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