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Good thing I spent all that time building out KohlerHome.com for my parents this month. If today’s housing data is any marker, and knowing my dad’s lack of urgency to sell for anything but a great/fair/pre-2008 price, it’ll probably be a bit before they sell: – The Atlantic: How Bad Was July’s Plummet in [...] While trying to recover from yesterday’s House Boat party, I came across a number of interesting economic articles that probably will make good water cooler talk with your coworkers this week. 1. Fashion designers don’t want Snooki, of Jersey Shore fame, to be associated with their brands. So, they are sending their competitor’s bags [...] New unemployment numbers are out today. A quick recap from Calculated Risk: Longer. Deeper. And flat at the bottom. Unfortunately that describes the 2007 employment recession. This graph shows the job losses from the start of the employment recession, in percentage terms – this time aligned at the bottom of the recession (Both [...] (A big thanks to Emily bringing this wonderful little parody to my attention.) If you haven’t been keeping up on the BP’s response to the oil spill, this should catch you up quickly: We are f*cked.  Hate the game. From our good friend Matthew Lewis over at The Bullied Pulpit via a recent Pew Research study: Very interesting, but logical correlation. Mr. Lewis’ commentary: Process over Policy, Pundits vs Political Scientists The Pew Research Study w/ more graphs and info: It’s All About Jobs, Except When It’s Not [...]  It’s a process… From: Pearls Before Swine  So, I have a finance and econ degree, have friends who have worked on Wall Street, and I still have a hard time figuring out the true inner-workings of the market sometimes: It is the Wall Street equivalent of a perfect game of baseball — 27 up, 27 down, the final score measured in [...] 
Jobs, please. 
Most of my friends who have bought properties have do so in the last year or two. But I know a few that bought back in 2005, 2006, and 2007 that are probably at least a little underwater on their mortgages if they actually tried to sell their places. Probably not to the [...] By most accounts, the trillion dollars worth of stimulus money is running out. And yet, our economy really isn’t coming back. That is why a number of economists warn of a double dip recession. Because if organic growth isn’t there, and the free money from Bush and Obama runs out, then the economy will [...] |
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