ShopTalk Sunday: Radial Saw Resurrection

I get more done when I have too many irons in the fire.  I need to start a 1960s saw restoration like I need to give birth to quintuplets.

Still, the old saying “If you want something done right, give to to a busy man…”  Thanks to modern wokiocy, we encourage the reader to

Adaptive Lifestyle Planning

  Been asked by a new subscriber to explain how Elaine and I came to Texas almost 20-years ago.  Pretty good tale, turns out.  Very Monty Python:  “And now for something completely different…” After all, why would a couple in their early 50s walk out on five of the hottest cities in the country? Seattle, … Read More

No Surprise in Housing Data

Just out from Case-Shiller/S&P/CoreLogic: “YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 19.8% annual gain in August, remaining the same as the previous month. The 10- City Composite annual increase came in at 18.6%, down from 19.2% in the previous month. The 20- City … Read More

ShopTalk Sunday: Smiles to Tiles

Sorry I didn’t get to this a little sooner (like a week ago) but turns out tiling a kitchen is not one of the fastest things to take on as a “home improvement project.” If you’re in a hurry, might we suggest Formica or Wilsonart from the Home Despots or Lowes? Seriously:  Tile Causes Time Dilation! … Read More

Housing Inflation Rocks 19.7%

Wow!  Just out from Case-Shiller/S&P: YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 19.7% annual gain in July, up from 18.7% in the previous month. The 10-City Composite annual increase came in at 19.1%, up from 18.5% in the previous month. The 20-City Composite … Read More

Part 2: Housing Goes Hyper

Housing is up more than 18-1/2% in one year!  Want to ring the bell when you feel hyperinflation due to Fed money jiggering? YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 18.6% annual gain in June, up from 16.8% in the previous month. The … Read More

Housing on the Brink?

I mentioned in this morning’s column that housing starts were collapsing in a federal report out Monday. However, there’s no real clarity on where that’s coming from:  Could have been the spike in lumber prices (since passed) or it could be the change in demand from declining birth rates, or maybe something as simple as … Read More

Housing Data – and the “Hot Cities” Mystery

Just out from Case-Shiller, S&P/CoreLogic – fresh housing data: “YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 14.6% annual gain in April, up from 13.3% in the previous month. The 10-City Composite annual increase came in at 14.4%, up from 12.9% in the previous … Read More

Housing Leads Higher

We know that stocks are up around 40% year on year.  But, whether much of that is actual growth or government inflation to “paper-over” a second Depression is a worthwhile conversation. One thing you do need – regardless of your station in life – is a roof over your head.  Usefully, the Case-Shiller/S&P Housing report … Read More

Housing Still Wild

Before the S&P data, a heads up to look at the CNN story about “76 all-cash offers on one home. The housing madness shows no signs of slowing.” Proper foreplay for this morning’s S&P Housing report? “NEW YORK, MARCH 30, 2021: S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic … Read More

Housing Holds – Long in the Tooth?

The good news is the Housing report from Case-Shiller is pretty good: S&P CORELOGIC CASE-SHILLER INDEX REPORTS: 10.4% ANNUAL HOME PRICE GAIN TO END 2020 YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 10.4% annual gain in December, up from 9.5% in the previous … Read More

ShopTalk: Disaster Redesign and Estimating

There is an old saying – beneficially learned growing up in a racially homogenous community – among Chinese:  Crisis is often accompanied by opportunity. In fact, though I don’t remember the characters for it,  they are similar.  Now, in the wake of the BlizTex21, is a good time to remember this linkage. There are steps … Read More

Housing Prices Rocket

On track to be up 10% for CY 2020 at this rate. The press release scoop: S&P CoreLogic Case-Shiller Index Shows Annual Home Price Gains Climbed to 9.5% in November YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 9.5% annual gain in November, up … Read More