1
Real House Prices and Price-to-Rent Ratio in February
Here is the earlier post on Case-Shiller: Case-Shiller: National House
Price Index increased 4.0% year-over-year in February
It has been over *eleven years* since the bubble peak. In the Case-Shiller
release this morning, the seasonally adjusted National Index (SA), was
reported as being 12.4% above the previous bubble peak. *However, in real
terms, the National index (SA) is still about 7.7% below the bubble peak *(and
historically there has been an upward slope to real house prices). The
composite 20, in real terms, is still 14.5% below the bubble peak.
The year-over-year increas... more»
More detail on the statistical view would be better.
2
NAR: Pending Home Sales Index Increased 3.8% in March
From the NAR: Pending Home Sales Climb 3.8% in March
Pending home sales rose in March, reversing course from a month prior,
according to the National Association of Realtors®. Three of the four major
regions saw growth last month, as the Northeast reported a minor slip in
contract activity.
The Pending Home Sales Index, a forward-looking indicator based on contract
signings, *increased 3.8% to 105.8 in March*, up from 101.9 in February. *Year-over-year
contract signings declined 1.2%, making this the 15th straight month of
annual decreases*.
...
The PHSI in the Northeast declined 1.... more »
3
Case-Shiller: National House Price Index increased 4.0% year-over-year in February
S&P/Case-Shiller released the monthly Home Price Indices for February
("February" is a 3 month average of December, January and February prices).
This release includes prices for 20 individual cities, two composite
indices (for 10 cities and 20 cities) and the monthly National index.
*Note: Case-Shiller reports Not Seasonally Adjusted (NSA), I use the SA
data for the graphs.*
From S&P: S&P CoreLogic Case-Shiller Index Shows Annual Gains Continue to
Decline
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering
all nine U.S. census divisions, reported a *4.0% a... more »
CR is working hard for happy numbers.
4
Stacey Abrams Will Not Run for Senate in 2020
Ms. Abrams declined to challenge Senator David Perdue, one of President
Trump’s chief allies in Congress. She had been courted aggressively by
national Democrats to run.
Winning in Georgia would be a feat.
5
Is America Ready for a Gay President? ‘You’re Going to See the Wall Crumble’
Raymond Buckley, the chairman of the New Hampshire Democratic Party, talks
about Pete Buttigieg and what it means to be gay and married and running
for president in 2019.
Put Pete Buttigieg in the Senate.
6
USSR/Russia and America’s Record Interfering In Elections
So, who interferes in other countries elections more? Sadly this database
is from 1946 to 2000 (pdf), but it’s still interesting. A total of 117
interventions were made by both countries. The US made 81. 69% of them. the
Russians interfered 36 times, for 31% of interventions. Overall 11.9% of
all elections during the period […]
https://en.wikipedia.org/wiki/Realpolitik
Faith does not translate easily.
7
Trump Pushes to Designate Muslim Brotherhood a Terrorist Group
In a private White House meeting this month, President Abdel Fattah el-Sisi
of Egypt urged President Trump to deem his opposition terrorists, officials
said.
In Sharia there is a death penalty for conversion away from Islam.
8
In a Switch, Some Republicans Start Citing Climate Change as Driving Their Policies
Driven partly by polls showing voters in both parties — particularly
younger ones — are worried about a warming planet, some lawmakers are
changing how they talk about climate change.
There may be life after Trump.
9
Is America Ready for a Gay President? ‘You’re Going to See the Wall Crumble’
Raymond Buckley, the chairman of the New Hampshire Democratic Party, talks
about Pete Buttigieg and what it means to be gay and married and running
for president in 2019.
That is a big leap on a 9% constituency.
Log Cabin Republicans exist.
10
As Buttigieg Builds His Campaign, Gay Donors Provide the Foundation
In amassing a small fortune, the South Bend mayor has had the backing of an
exuberant L.G.B.T. donor base. But relying on wealthy contributors carries
political risk.
A small foundation.
11
On Politics: Rod Rosenstein to Step Down
NYT > Politics - 9 hours ago
Mr. Rosenstein will step down as deputy attorney general in mid-May, ending
a turbulent tenure overshadowed by the Mueller investigation.
No surprises.
12
Asylum Seekers Face New Restraints Under Latest Trump Orders
A presidential memorandum ordered measures that include barring some
migrants from pursuing work permits and charging fees on asylum
applications.
Trump is a sadist.
13
Trump Sues Deutsche Bank and Capital One to Block Compliance With Subpoenas
The lawsuit, joined by President Trump’s three eldest children and his
private company, seeks to stop the banks from giving records to the House’s
Intelligence and Financial Services Committees.
Delay.
14
Deputy Attorney General Rod Rosenstein to Step Down in May
The No. 2 Justice Department official submitted his resignation letter to
President Trump after overseeing the Mueller inquiry through to the end.
His job is over. Why wait?
15
Beto O’Rourke Releases $5 Trillion Climate Change Proposal
Mr. O’Rourke’s choice to make climate change the first policy focus of his
presidential campaign shows just how much the issue has risen among
Democrats.
A place to start.
16
For the First Time, Trump Gives a Women’s Championship Team Its Own Celebration
The Baylor Lady Bears were the women’s N.C.A.A. champions. Virginia, the
men’s N.C.A.A. champions, declined an invitation from Mr. Trump.
The writing is on the wall.
17
On Politics With Lisa Lerer: Jonathan Greenblatt, Head of the A.D.L., on the Politics of White Nationalism
In the On Politics newsletter, a chat with Mr. Greenblatt, who leads the
Anti-Defamation League, about the recent surge in white supremacy and how
politicians can fight it.
The racists are with us. The project is preventing positive feedback.
18
Whitney Biennial Artists Call for Board Member Linked to Tear Gas to Step Down
Warren B. Kanders, of the Safariland Group, has been the target of protests
since tear gas his company makes was said to have been used at the border.
Tear gas is sublethal.
I want to prevent the border policy that requires the application of tear gas.
19
Tuesday: Case-Shiller House Prices, Chicago PMI, Pending Home Sales
From Matthew Graham at Mortgage News Daily: Mortgage Rates Modestly Higher,
But Volatility Could Increase
Mortgage rates moved up today, but at a fairly tame pace in the bigger
picture. The rest of the week, however, may not be as tame. There are
multiple economic reports on tap with a history of impacting the bond
market (which dictates rates). The data gets most serious starting on
Wednesday and finally culminates with ... the big jobs report. [*30YR FIXED
- 4.25-4.375%*]
emphasis added
Tuesday:
• At 9:00 AM, *S&P/Case-Shiller House Price Index* for February. The
consensus is for... more »
Optimism should not control.
20
House Democrats Push Barr to Submit to a Lawyer’s Questioning
The House Judiciary Committee will vote on whether to allow Republican and Democratic lawyers to question Attorney General William P. Barr, signaling that Democrats are not backing down.William P. Barr must answer the questions.
||
No comments:
Post a Comment