Las Vegas Real Estate: Sales and Inventory decreased in November
This is a key distressed market to follow since Las Vegas has seen the largest price decline of any of the Case-Shiller composite 20 cities....
Author : Calculated Risk
Labor Force Participation Rate Update
I've written extensively about the participation rate, see: Understanding the Decline in the Participation Rate and Further Discussion on Labor Force Participation Rate. A key...
Hotel Occupancy Rate above pre-recession levels at end of November
From HotelNewsNow.com: STR: US results for week ending 1 December In year-over-year comparisons, occupancy was up 2.5 percent to 52.2 percent, average daily rate rose...
Schedule for Week of Dec 9th
Schedule for Week of Dec 9th by Bill McBride on 12/08/2012 01:11:00 PM Earlier: • Summary for Week Ending Dec 7th The key event this...
Summary for Week Ending Dec 7th
The November employment report was better than expected, but mostly because expectations were so low due to Hurricane Sandy. A couple of employments highlights: seasonal retail...
Employment Report: More Positives than Negatives
There were positives and negatives in the November employment report, and I'd like to start with two clear positives. First, seasonal retail hiring was very...
LPS: Mortgage Delinquency Rates decreased in October
LPS released their Mortgage Monitor report for October today. According to LPS, 7.03% of mortgages were delinquent in October, down from 7.40% in September,... down...
Lawler: Single Family REO inventories down 21.7% in Q3
The following graph is from economist Tom Lawler and shows the total REO for Fannie, Freddie, FHA, Private Label (PLS) and FDIC insured institutions. This...
FDIC reports Fewer Problem banks, Total REO Declines in Q3
The FDIC released the Quarterly Banking Profile for Q3 today. "Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate...
Report: Germany to eventually consider Greek Losses
From the Financial Times: Merkel prepared to consider Greek losses "If Greece one day handles its revenues again without taking on new debt, then we...