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3 months ago

California wildfires: easing of extreme winds expected to strengthen efforts to put out blazes

National Weather Service says ‘wind siege has finally ended’ and forecasts higher humidity but warns high winds could return next week

The extreme winds behind the disastrous fires in Los Angeles are …

NAHB: Builder Confidence "Edges Up" in January

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 47, up from 46 last month. Any number below 50 indicates that more builders view sales conditions as p…

4 months ago

Review: Ten Economic Questions for 2024

At the end of each year, I post Ten Economic Questions for the following year (2024). I followed up with a brief post on each question. Here is review (we don't have all data yet, but enough).  I've…

NAHB: Builder Confidence Unchanged in December

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 46, unchanged from 46 last month. Any number below 50 indicates that more builders view sales conditio…

Many New Jersey ‘drones’ are manned aircraft being flown lawfully, White House says

National security spokesperson says there’s ‘no evidence that reported drone sightings pose a public safety threat’

A review of the large mysterious drones reported flying over parts of New Jersey in …

Inflation Adjusted House Prices 1.4% Below 2022 Peak; Price-to-rent index is 8.1% below 2022 peak

Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices 1.4% Below 2022 Peak

Excerpt:
It has been over 18 years since the bubble peak. In the September Case-Shiller hou…

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