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Piggington's Econo-Almanac

Southern California Housing Bubble News and Analysis

Fire Info

Posted on Monday Oct 22, 2007 04:07PM | Link | Post Comment
Hi everyone -- if anyone is looking for info on the fires, there are a couple active forum threads on the topic: http://piggington.com/hope_you_are_all_safe http://piggington.com/was_up_in_ramona http://piggington.com/poway_and_rb_ordered_evac...

September Employment

Posted on Friday Oct 19, 2007 12:09AM | Link | Post Comment
San Diego employment growth bounced back last month, according to California&039;s Employment Development Department. As usual, however, the housing boom beneficiary sectors put a damper on things. Employment in the construction and financial sectors...

Who Could Have Seen It Coming?

Posted on Wednesday Oct 17, 2007 03:20AM | Link | Post Comment
Over at SLOP, Scott Lewis wonders what I think of developer Sherm Harmer&039;s assertion that nobody anticipated the troubles in the subprime mortgage market. Scott quotes Harmer as saying, "We did not anticipate the subprime financing issue...

September Foreclosures

Posted on Friday Oct 12, 2007 05:00PM | Link | Post Comment
The rate of NODs and NOTs declined in September from a month prior, but both numbers remain well above their levels of a year ago and for that matter anything we saw during the 1990s. read more...

September Housing Data

Posted on Sunday Oct 07, 2007 03:03PM | Link | Post Comment
Round two of the credit crunch has most definitely made itself known. Prices The size-adjusted median prices were pretty solidy down, with single family homes showing a 2% decline and condos sporting a 3% decline just from the prior month. From the 2...
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