Archive for August, 2009
Inventories are still high.
Low priced homes went higher in the bubble and have been crashing down faster. The following is the Case-Shiller break down for L.A. Lower priced homes are expected to hit their price bottoms sooner than the more expensive homes. While low priced homes have around 9 month of inventory on the market [...]
While much of the economic attention has been at the federal level, the states are not all suffering equally. California has been grabbing the healines, but it is not the only state suffering.
This graph shows the current unemployment by state (red segments) and the high and low unemployment rates since 1976 (blue bars). This shows [...]