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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (135254)	7/30/2013 2:37:16 PM
From: RetiredNow	Respond to of 149317

Yes, it is for the most part even tempered, although I can think of at least one person who focuses more on character assassination than debating the merits of the issues. ;)

To: John Vosilla who wrote (135254)	7/30/2013 2:41:17 PM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

FYI. Housing prices continue to improve. A couple troubling spots, though. Will the consumer, who is increasingly in debt and working part-time, be able to keep paying the rent? And will the corporate buyers of all these houses keep buying if their returns start to shrink? Don't know, but I do know house prices continue to rise as a result of unprecedented government stimulus. That's great for the very short term. Notice the composite figures on the lower chart. These have a very definite, sharp upward bias. That's good news. Case-Shiller: Home Prices Increase in May 2013 by Barry Ritholtz - July 30th, 2013, 11:30am Click to enlarge Key data points: • Home prices show increases of 2.5% and 2.4% for the 10- and 20-City Composites in May versus April. • Dallas and Denver reached record levels surpassing their pre-financial crisis peaks set in June 2007 and August 2006. • This is the first time any city has made a new all-time high. • All 20 cities increased from May 2012 to May 2013 and from April 2013 to May 2013. • In May 2013, the 10- and 20-City Composites posted annual increases of 11.8% and 12.2%. • The Southwest and the West saw the strongest year-over-year gains. • The overall report points to some shifts among various markets: Washington DC is no longer the standout leader and the eastern Sunbelt cities, Miami and Tampa, are lagging behind their western counterparts. Click to enlarge Source: spdji.com