prime lending: Inside Lending Newsletter From Kristen Zorda, "Learn from yesterday"
- 09/08/14 11:44 PM
QUOTE OF THE WEEK... "Learn from yesterday, live for today, hope for tomorrow." --Albert Einstein, German-born theoretical physicist INFO THAT HITS US WHERE WE LIVE... Einstein's scientific genius provides some smart advice for today's housing market. "Learn from yesterday": we recently learned that the home price decline a few years ago was not as severe as originally thought. Property values nationally, from their February 2007 peak to their December 2011 trough, only dropped 26%, not the 34% originally reported. This finding comes from analysts at the well-regarded S&P/Case-Shiller Home Price Index, who just spent more than a year re-working their model with … (0 comments)
prime lending: Inside Lending Newsletter From Kristen Zorda - Level of Spending Growing
- 06/10/14 12:31 AM
QUOTE OF THE WEEK... "It is good news, worthy of all acceptation; and yet not too good to be true." --Matthew Henry, English Presbyterian minister INFO THAT HITS US WHERE WE LIVE... There were several items of good news in the real estate market last week starting with a Census Bureau report on construction. Despite all the yack about winter weather slowing things down, it turns out construction spending during the first four months of the year was 8.9% above the same period in 2013. The $274.5 billion worth of activity was good news indeed. This level of spending appears to be growing, as the … (2 comments)
QUOTE OF THE WEEK... "Learn from yesterday, live for today, hope for tomorrow." --Albert Einstein, German-born theoretical physicist
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