We could see continued home price deterioration well into spring 2012 — and maybe a lot longer than that. Analysts can talk about low interest rates, improved job growth, and declining inventory all they want, but national trends won’t be…
I’ve spent A LOT of time in recent years studying and writing about housing issues at the local and national level. And I’ve been frustrated by the unwillingness to take bold steps that would clearly help buoy the sector. The…
The statistic from my headline can be found here at the U.S. Census. There were 1.7 million single unit starts in 2005 Single family home construction is at an all time low in 2011 going all the way back to…
Philadelphia Inquirer architecture critic Inga Saffron takes an interesting look at suburban and exurban development — and the prospects for recovery in the wake of the housing bust.
I’ve already posted excerpts from and links to a number of credible predictions for the 2012 economy of the Savannah metro area on up to the national economy Today, two more. From Mary Carr Mayle’s Savannah’s outlook for 2012: More…
The following table was compiled by housing economist Tom Lawler and published by Calculated Risk. These are positive trends. All of these markets have a high percentage of distressed sales (the numbers speak for themselves), but the percentage has fallen…
We’ve been slowly turning a corner in housing for a while, and recent plunges in prices in the Atlanta area are almost certain to help clear some of the excess inventory. Most of the time when I write about housing,…
I think that Ben Bernanke and the Federal Reserve generally have done a pretty good job managing the fallout from the financial crisis in 2008. But — despite ample warnings from credible analysts for a period of years — Greenspan…
This is another in a short series of posts looking at credible economic predictions for 2012. There’s a great piece in the Washington Post today, 2011 was a bust — could 2012 be better? Of course, 2011 was not a…
This is the 2nd of an indeterminate number of posts with other analysts’ and columnists’ economic predictions for 2012. I posted David Wessel’s from the WSJ here (it’s referenced in this post). If you’re interested in sober, thoughtful, and comprehensible…
My upcoming City Talk column (New Year’s Day) is devoted to my predictions for the local Savannah economy in 2012, so as a prelude I’m going to round up some opinions about the national economy and post them here on…
