Bernanke's hubris, inability to admit mistakes, and his blaming everyone but himself for his mistakes is increasingly starting to touch on nerves. On Tuesday, the New York Times asked the right question: If Fed Missed This Bubble, Will It See a New One? In 2005, Mr. Bernanke — then a Bush adminis ... Read more

The housing bubble is unwinding like many asset bubbles before it. Understanding and recognizing these stages will help you better time your home purchase; Timing Does Matter . Asking Price: $439,000 Address: 83 Vermillion Irvine, CA 92603 Change chang ... Read the full post ... Read more

In a competitive society like ours, there are winners and losers. The people who bought before the bubble, did not HELOC their home, and are selling in time to cash in that bubble equity are the winners. Let’s celebrate them today. Asking P rice: $747,500 ... Read the full post ... Read more

Many people seem to think the housing market will recover when the economy does. The economy is not the cause of problems in the housing market, and economic recovery will not save the housing market. The rollbacks keep getting going further back in time. We are now seeing rollbacks of 2003 prices ... Read more

Both the monthly indices (20 cities and 2 composites) and the quarterly national index were released this morning. I'll have more on the national index shortly. Here is the S&P/Case-Shiller monthly Home Price Indices for December. Click on graph for larger image in new window. ... Re ... Read more