housing reports

Most Housing Reports are Garbage

Most housing reports and forecasts are garbage. But we grasp for this jetsam and flotsam; ears going up when "housing reports" are mentioned or when Case-Shiller tells us what to think about housing prices. Well it's largely nonsense; reports or findings are routinely published only to be "revis...

Strategic Default for Dummies

OK, my obsession with the idea of "strategic default" will simply not go away. As I've said to many folks that have bombed me with emails, I can certainly understand how the frustration of dealing with these lenders can push you to toss the keys. I see home owners struggling with this regularly in...