Monthly Archives: January 2009

Revised Absorption Chart, but the results are the same, only worse

Thanks, Jean-Claude for making me take a second look at my methodology on my Absorption Chart.  I had anticipated your point about the lag between listing dates and sales but had unfortunately gotten the formula backwards in my chart — … Continue reading

Posted in Data, Economy, Market news | Tagged , , , , | 1 Comment

Supply/Demand: Does it predict price? Maybe not.

Now hold on there, matie!  Basic economic theory  says more supply than demand, prices will fall, right?  Well take a look at this graph. It shows the absorption rate of single family home listings from January 2006 through December 2008 … Continue reading

Posted in Data, Economy | Tagged , , , , , | 6 Comments

Happy New Year! — The Official Blog Launch

Happy New Year everyone!  I’d intended to illustrate this post with suitable icons for every winter tradition from Christmas to Kwanzaa but decided against it when I  couldn’t think of a suitable graphic for non-believers.  And why should they (we) … Continue reading

Posted in Blogging | Tagged | 2 Comments