Confusing Housing Statistics “U.S. Home Sales Fell 26% in October.” —The New York Times (11/23/2010) “Home Sales Fell 2.2% in October.” —The Wall Street Journal (11/23/2010) So which is it? Both, actually. Home sales fell 26% in October, 2010 compared with October, 2009. And they dropped 2.2% compared with the preceding month (September, 2010). However,...Read More
Now, Just Add Hardwood Floors! If this “Before” and “After” sequence doesn’t make you a staging convert — nothing will. Even this photo doesn’t do the room justice, because there are oak hardwood floors under the carpet. My favorite details? The reflection in the (virtual) mirror above the Fireplace, and the (far end of the)...Read More
Heightened International Tension Strengthens Dollar The conflict between North and South Korea is having a predictable effect on credit markets this morning. Specifically, whenever international tensions kick up, there is a flight to safety, which — at least until now — translates into demand for U.S. dollars and U.S. debt. That strengthens the dollar, and...Read More
