As regular Piggs know, I routinely chart out either the size-adjusted median home sale price (which is timely, but not too accurate) or the Case-Shiller home price index (which is more accurate, but not very timely). In this post I&039;d like to highlight a couple of folks who have been making an ... Read more

I got a chance to chat with Joseph Galascione, the real estate broker who was mentioned in the San Diego Daily Transcript a couple weeks back as having authored what appeared to be an interesting study on local foreclosures. It turns out that the study in question is freely available at the ... Read more

The Case-Shiller HPI for November (which includes home sales from September, October, and November) took a veritable beating. Prices for the high tier held up best, as usual, falling by 1.8% from the prior month. But the middle tier dropped by 3.9% and the low tier by 4.8% in a single month -- yik ... Read more

Yesterday it was announced that Congress and the White House had come to an agreement on an economic stimulus package that would raise the limit for conforming home loans , those backed by government-sponsored loan securitizers Fannie Mae and Freddie Mac, from the current $417,000 to about $730, ... Read more

San Diego had another pretty good month for job growth, according to data released last week by the California Employment Development Department. Unfortunately, you may not want to believe the numbers. Let&039;s see what they have to say, first. read more at voiceofsandiego.org ... Read more

Back in November 2006, I wrote a long-ish piece about credit default swaps . These financial instruments, known for short as CDSs, basically function as insurance policies against borrowers defaulting on loans. In (very) brief, the premise of the article was that some CDS issuers, which we can t ... Read more

The Union-Tribune&039;s latest monthly housing data wrapup features a parade of industry types saying that now is the time to buy. A few of them acknowledge the inventory glut , but not a single one happens to note that homes are still far too expensive in comparison to rents and incomes. ... Read more

The size-adjusted median resale price was absolutely crushed in December: read more ... Read more

I&039;m going to get the whole December resale data rodeo up very soon. In the meantime, here&039;s a quick look at the pummeling taken by prices (as measured by our imperfect indicators, of course). For the month of December, the size-adjusted median price was down 4.6% for single family homes ... Read more

Kelly Bennett&039;s 2007 housing market wrapup quotes local housing analyst Peter Dennehy as saying that "a lot of people believe that this will be the year that the elusive bottom is reached." Mr. Dennehy is surely correct -- many people believe the bottom of the housing marke ... Read more