More on Portland Housing Supply …
Terradatum has just added a new search algorithm that gives a condensed and more up to date view of a given market: Six months, broken into weekly and twelve week increments. It came out yesterday so I haven’t had time to go over it in depth, but one chart stands out. This chart (click for […]
UG’s Primer, Part 1: UGB, restricted growth, and the effect of supply on real estate prices
My last year at Nordstrom was 1979. I was the divisional men’s shoe merchandiser for the six Oregon stores, and the national economy was that of Jimmy Carter: High inflation (12%), high interest rates (prime 12.25%); malaise. Not in spite of that, but because of that we had a record year: 27% increase in sales, […]
Match Day: May we have the envelope, please?
Would YOU buy an appendectomy from this woman?
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The process starts at the beginning of the fourth year for med school students everywhere. Disciplines are chosen - Anesthesiologist? Pediatrics? Surgery? - and applications for residency made to those programs around the country that fit the criteria. There are acceptances and rejections, the acceptances then lined up for […]
Bubble Bloggers, Naysayer and Animal Rights Nuts
A comment on this post, from the perfectly named Naysayer:
I love how you real estate people and the homedebtors try to blackmail the rest of us with your ominous threats about how the return to sane housing prices will be bad for all of us. Bullpucky.
Let it crash. Let it crash HARD. The dotcom bubble burst […]
Bubblers and Ripples
photo credit: chris9486
USA Today has a story today re a connection between the decline in housing and the decline in electronics sales. As most things that show correlation without showing causation, it’s interesting but not much more. It does, however, dovetail nicely with a post I’ve considered writing to those numbered and universally nameless […]
Paul Potts: Horatio Alger in the Twenty-First Century
I’m a sucker for excellence, so that’s the theme of this Saturday morning diversion.
I caught the tail end of an interview on FOX news with an opera singer who’d apparently won the Britain’s Got Talent competition, the precursor to American Idol. I love opera, couldn’t imagine its appearance on AI, and the interview was […]
HUD, FHA, GSE, ETC.
Housing and Urban Development just released its national list, by county, of new limits for conforming loans and qualified FHA loans.
Interesting: the median price for the Portland Metro area was figured @ $335k, so limits for both FHA loans and conforming loans went to $418,750. That’s insignificant for conforming loans - they’ve been $417k - […]
Feb 08: First look at the numbers
One of the nice things about transparency - as opposed to spin - is that when the numbers actually doreveal themselves there’s no backpedaling, readjusting or respinning necessary.
And early February numbers - note they’ll continue to adjust for the next week or so - are exactly as expected. These are for all catagories in the […]
