Comments on: Words from the (investment) wise for the week that was (Dec 22 – 28, 2008) http://www.investmentpostcards.com/2008/12/28/words-from-the-investment-wise-for-the-week-that-was-dec-22-%e2%80%93-28-2008/ Prieur du Plessis’s international investment blog Sun, 29 Jan 2012 22:06:48 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: Mike A.http://www.investmentpostcards.com/2008/12/28/words-from-the-investment-wise-for-the-week-that-was-dec-22-%e2%80%93-28-2008/comment-page-1/#comment-7638 Mike A. Sun, 28 Dec 2008 19:55:31 +0000 http://www.investmentpostcards.com/2008/12/28/words-from-the-investment-wise-for-the-week-that-was-dec-22-%e2%80%93-28-2008/#comment-7638 I think that many have missed a very important statistic and a trend in available new homes inventories (inventories of new homes are at a new low and well below long-term average). There are less and less of new homes available on the market.New home inventories are down by 25.5% y/y (502K => 374K, down by 128K). It means that we should expect stabilization and possibly an increase in new home prices in the near future (like Spring 2009).Low new homes inventories + 48% increase in mortgage applications + historically low mortgage rates + stimulus package + exponential growth of money supply = possible housing and economic recovery much sooner than most of you thinkhttp://www.census.gov/const/newressales.pdfhttp://www.mbaa.org/NewsandMedia/PressCenter/66903.htmhttp://www.federalreserve.gov/releases/H6/Current/ I think that many have missed a very important statistic and a trend in available new homes inventories (inventories of new homes are at a new low and well below long-term average). There are less and less of new homes available on the market.

New home inventories are down by 25.5% y/y (502K => 374K, down by 128K). It means that we should expect stabilization and possibly an increase in new home prices in the near future (like Spring 2009).

Low new homes inventories + 48% increase in mortgage applications + historically low mortgage rates + stimulus package + exponential growth of money supply = possible housing and economic recovery much sooner than most of you think

http://www.census.gov/const/newressales.pdf

http://www.mbaa.org/NewsandMedia/PressCenter/66903.htm

http://www.federalreserve.gov/releases/H6/Current/

]]> By: Bowyang Billhttp://www.investmentpostcards.com/2008/12/28/words-from-the-investment-wise-for-the-week-that-was-dec-22-%e2%80%93-28-2008/comment-page-1/#comment-7636 Bowyang Bill Sun, 28 Dec 2008 14:55:58 +0000 http://www.investmentpostcards.com/2008/12/28/words-from-the-investment-wise-for-the-week-that-was-dec-22-%e2%80%93-28-2008/#comment-7636 Thanks again (and again) for your weekly review. As an 'old' investor, many of my decisions are based on your summaries. Thanks again (and again) for your weekly review. As an ‘old’ investor, many of my decisions are based on your summaries.

]]> By: PostOnFire.comhttp://www.investmentpostcards.com/2008/12/28/words-from-the-investment-wise-for-the-week-that-was-dec-22-%e2%80%93-28-2008/comment-page-1/#comment-7631 PostOnFire.com Sun, 28 Dec 2008 09:36:08 +0000 http://www.investmentpostcards.com/2008/12/28/words-from-the-investment-wise-for-the-week-that-was-dec-22-%e2%80%93-28-2008/#comment-7631 <strong>Will 2009 bring calmer financial markets?...</strong>Investors spent the holiday-shortened Christmas week in an un-merry mood, digesting more gloomy economic data and taking stock of a tumultuous 2008. Most markets were down during the past week, but not all the Christmas stockings were left empty ... Re... Will 2009 bring calmer financial markets?…

Investors spent the holiday-shortened Christmas week in an un-merry mood, digesting more gloomy economic data and taking stock of a tumultuous 2008. Most markets were down during the past week, but not all the Christmas stockings were left empty … Re…

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