Just out from S&P: “NEW YORK, JANUARY 31, 2023: S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for November 2022 show that home prices declined across the United States. YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National … Read More
I keep looking for Educators to get sick of re-dividing America. Rather than tell us how we are “All different” and “All special” it would be refreshing – as we see it – to bring back at least some baseline “Not a Victim” hands-on skills. I looked over the last month of two of Amazon … Read More
Since this is a holiday weekend (no work Monday for many) I didn’t get serious in the shop real early Saturday. Too damn cold. It was 26 F and will be in the high 70’s today. You know the saying: “Pappy didn’t raise no fool.” Besides, I’m grappling with a case of woo-woo. Hell of … Read More
As we’ve been telling you, with Housing loan rates in the 7.9 to 8.1 percent range (depending on military service, credit scores, lenders and yada, yada, we know that net cash to sellers is going down. So, it’s only reasonable that prices would be along in kind. “NEW YORK, DECEMBER 27, 2022: S&P Dow Jones Indices (S&P … Read More
Since I’ll be on Coast-to-Coast with George Noory, and since markets in the U.S. are taking this Boxing Day off, what better time to sit back with a fresh cup of coffee and ponder the three major agenda items that all 8-billion humans face a week from now when New Year’s Eve shows itself. The CLOCK IS … Read More
You do know the “worst of times” is when you might actually have time for a big project, right? With the problems in the economy unfolding in the wake of last week’s Fed decision; and with more financial concerns about the period ahead, we step out of our usual “let’s make some money” reports to … Read More
Detailed User Note and Follow up first: User Theme is now adjustable. That little “crescent moon and stars thing” in the lower right of the screen. If that icon is black background, you are in Normal (light) theme. If the icon is white background, then you are in dark mode. People like me who have … Read More
The important part of why the rollover is what matters now. Simply, when interest rates were at historic lows (less than half the rates of the Great Depression era) when a million-dollar home was sold, the majority of funds would be paid to the seller on closing. However, as interest rates have gone up, the … Read More
Before we begin, an unashamed plug for Amazon (“get ’em while you can”) as Cyber Monday Power Tool deals are here. Best seen with your spouse present (and you in handcuffs). If you’re not already maxed out from Black Friday, life is short and power tools are safer fun than chasing something extra (ahem) on … Read More
Some time back, I told you I was going on a buying binge for inexpensive Chinese “parking heaters.” These are similar to the Webasto and Espar units that have kept truckers warm for decades. Thing is, these are about 1/1oth the price. In fact, since my shop is part hardware store, off a compact enough shop to make … Read More
A month or two back, Elaine mentioned that a couple of the stair treads on the short stairs (from the BBQ deck down to the shop walkway) were cracked and looking sketchy. This whole BBQ deck was a one-day build 10+ years ago. And those stairs were built with two risers, not three. So, maybe … Read More
While the Dow was up to the task of pimping out the “Hyperinflation vs. the Fed” narrative Thursday, the remainder of the market is less so. Consider – at the outset our view that since the November 8, 2021 high, the market did a major (1) down and more recently (costing me thousands) we had the … Read More
Two stories have our eye as the sun makes another rerun. One is the Gross Domestic Product. And since we have had two consecutive quarters of declines, we’re in a Recession. Which the National Bureau of Economic Research doesn’t want to admit to, since they argue the metric is wrong. (“When you don’t like the … Read More