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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (53861)2/14/2006 9:55:00 PM
From: Ramsey Su  Read Replies (1) of 110194
 
Russ,

First American gave me the data points that I am looking for - the percentiles.

I was reading that report again just now and it got some really good data. The percentages of borrowers at risk are astonishing.

Just like the stock market, it is the must buys and must sells that dictates market value. With so many people with negative equity, I simply cannot see how the real estate market can handle any decline in value.

I am certain I am going to have to read the report again tomorrow, this time trying to plot the numbers against the subprimers and others to see if I can use it to quantify any changes in market conditions.

Also tomorrow is the Housing Market Index nahb.org
it could be an interesting day for Bennie to speak.
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