Gatehouse Media New England rescinds pay cuts
Following in the steps of General Motors, Advanced Micro Devices, and American Express, Gatehouse Media…
writejesse College tuition costs rise by 6.5 percent
Associated Press reports: Average tuition prices rose sharply again this fall as colleges passed much…
Producer Price Index fell 0.6 percent in September
Today brought welcome news for those of us who worry about inflation. The U.S. Labor…
20-60 offers per foreclosure?!?
From Campbells Survey via Calculated Risk: Many agents indicated an REO buying frenzy in local…
TIPS Make Fresh 52-Week Highs
The iShares Barclays TIPS (Treasury Inflation-Protected Securities) Bond Fund (TIP) made its biggest one-day gain…
Dr. Duru Home Prices In London Surpass Record Set Two Years Ago
The Guardian reports that “London house prices surge past 2007 record high“: Property asking prices…
Sign of the times
“Stop getting out bid on Short Sales and Foreclosures?” Headline for craigslist ad in Orange…
Why housing bears are probably wrong about the impact of “shadow inventory”
According to housing bears, banks are withholding from the market a “shadow inventory” of millions…
“Shadow housing inventory” not yet a factor in Sacramento
We hear a lot of warnings about the flood of foreclosures that will occur once…
“We have bid on 3 foreclosures in the last 12 months, each over asking, and have been [outbid] each time.”
So says a despairing commenter at the Irvine (Calif.) Housing Blog Forum.