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Tuesday, October 25, 2011

Numerology class

They have finally come out and said that we were in a double-dip HOUSING depression ... But only the housing side ... They aren't willing to take the label to the entire economy ..

But here is some of the newer numbers

Home prices
UP
.2%
In half of MAJOR US cities
August 2011

existing Home Sales
DOWN
3%
Sept 2011

Existing Home "Supply"
8 1/2 months
Current market
(I have no idea what this means, how can you have a 'housing supply' unless you are renting and it's a waiting list?)

2011 Home Sale Rate
Expected to equal 2010
Worst in 13 years

Home Ownership
Lowest level
Since 1998

Home prices
expected to fall
5%
2011
¥¥¥¥¥

National Unemployment
9.1%

Nevada Unemployment
13.4%

Job Loss
82,000
Private sector jobs
Nevada (alone)
(since election day2009)
|^| |^| |^| |^| |^|
Existing Home Sales
4,910,000
2011
(annualized/predicted rate)
(would need 6,000,000 to make a healthy economy)/i>

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