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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (58819)8/1/2006 10:59:17 PM
From: Beachside BillRead Replies (4) | Respond to of 306849
 
<40% of all home sold in 2005 AND 2005 were fore investmenst or second homes>

And were do I find this information, the Mishedo( unbiased yet no figures to base my statement on) Institute.



To: mishedlo who wrote (58819)8/1/2006 11:15:59 PM
From: John McCarthyRead Replies (1) | Respond to of 306849
 
Hi Mish ....

Would you know ......

When are some of these personal home bankruptcies gonna show up in the mortgage derivatives market .....?

I'm still waiting for the real shoe to drop and
rattle the credit markets ....

Or - is this an ill conceived notion on my part?

IOW - I don't know where to find this kind of data -
if it exists.

regards,
John



To: mishedlo who wrote (58819)8/2/2006 12:28:08 AM
From: CalculatedRiskRespond to of 306849
 
MBA: Market Index Falls to May 2002 Levels
mbaa.org

Excerpt:
The Market Composite Index, a measure of mortgage loan application volume, was 527.6, a decrease of 1.2 percent on a seasonally adjusted basis from 533.8 one week earlier. This is the lowest that the index has been since May 2002. On an unadjusted basis, the Index decreased 1.4 percent compared with the previous week but was down 29.0 percent compared with the same week one year earlier.

The seasonally-adjusted Purchase Index decreased by 3.3 percent to 376.2 from 389.0 the previous week and the Refinance Index increased by 2.3 percent to 1417.2 from 1385.2 one week earlier. The Purchase Index is at its lowest since November 2003.

Graph here:
calculatedrisk.blogspot.com