Joel Naroff
Joel Naroff
housing mother nature slow
Not even Mother Nature can slow the housing market.
behind days drop extent home levels record sales seems surprised though
The extent of the drop seems overdone, ... I would not be surprised if home sales rebound, though the days of record sales levels may be behind us.
air bubbles collapse country far likely losing plenty rapidly
There are plenty of bubbles around the country that are losing air rapidly and more are likely to follow. But so far there is no generalized collapse in the market.
available data funds generate hopefully improvement point quarter rebound second seem solid spent
The data for the second quarter seem to point to a solid rebound in growth, ... That should generate improvement in profits, and hopefully the available funds will be spent on investment.
act carefully equity issues markets prepared remain risks watching
They're going to say they're carefully watching the issues in the equity markets and are prepared to act if necessary, but right now the risks remain balanced,
cash flow help
You need to help the cash flow to businesses, just to make them a little better off.
confidence despite remains
Despite the faltering confidence numbers, consumption remains strong, and that is all that really matters,
causing high house people prices pull question turned twice
Some people are being turned off by the high house prices and they just can't pull the trigger. Without question that's causing some people to think twice about buying.
current great homes number problem selling toward trend
There is an ever-growing number of homes on the market, and while the overhang is not great at the current selling pace, it could become a problem if we trend back toward more sustainable levels,
condition confidence continue failure firm levels markets near questions raises remain september true
If the markets continue to firm in September and confidence does rebound, then we will have dodged the bullet, ... But the failure of confidence to remain at least near July's levels raises some questions as to the true condition of the economy.
across building pressures
Slowly, but inexorably, inflationary pressures are building across the economy.
extra fed insurance june looks report wants
The Fed wants to see results, and this report didn't give it to them, ... It looks right now as if the Fed will take out some extra insurance on June 25.
buy confidence message people sending willing
If people are willing to buy big-ticket items, the message they are sending is that they still have confidence about the future,
cause housing key major rates risen sector supposed
Housing is the one key sector that is supposed to be interest-rate sensitive, but at least so far, rates have not risen enough to cause a major retrenchment.