Making Money Off Mass Delusion

The Sun Sentinel reports from Florida. "Some buyers are solving their house-searching woes through prose. They're not writing poems or romantic novels — just notes to sellers, telling them how happy they'd be to buy their homes. Writing a letter probably is one of the easiest things buyers have to...
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The Greedy Calling That Will End In Tears

Readers suggested a topic on interest rates. "How much higher will thirty-year Treasury yields go up from here in the near future? And btw, in the absence of extreme intervention, long-term Treasury yields are roughly about 99% correlated with 30-year mortgages. 30-yr T-bond yields, 5/01/13 2.83,...
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The Answer To Every Problem

It's Friday desk clearing time for this blogger. "Is it a bubble? Not yet, say some Southern Nevada observers. 'We may be building a foundation for what would become one [a speculative real estate bubble] in the future, but even the price increases we have seen would not bring us to parity,' says...
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The World Is A Strange Place Now

Some housing bubble news from around the world. The Telegraph, "Standard and Poor’s said the housing slump is deepening across large swathes of the eurozone. French declines are 'gaining momentum' as the economy buckles. France’s price-to-income ratio rose to a record 180pc of historic levels...
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Emotion, Speculation, And Hopes For Increased Values

Readers suggested a topic on investing. "Can anyone suggest a good reason why gold drops by over 1% a day, ALMOST EVERY DAY? Apparently gold and the stock and housing markets have gone their separate ways. And gold is dangerously close to the 52-week low of $1,322/oz. If it breaches that, what is...
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Sowing The Seeds Of A Housing Bust

It's Friday desk clearing time for this blogger. "Central Iowa is one of the fastest growing populations in the Midwest, especially noticeable in suburbs bursting with new comers. 'The market, right now is crazy,' says Realtor Jason Stuyvesant, whose last two houses for sale were only on the market...
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