Gary Watts
From:  blogger.com
Realtor Watts eyes pent-up housing demand January 4th, 2008, 11:59 am · 175 Comments · posted by Jon Lansner/O.C. Register columnist Realtor/economist Gary Watts plays Eyeball �??08, our two-week long, holiday cornucopia of opinion of how 2008 will play out for local real estate. Every day at noon, we�??ll offer up a new market watcher�??s thoughts on the market �?� Watts�?? forecasts of the O.C. housing market always draw emotion, no matter what your own outlook has been. While he saw the re... Read Full Story
Gary Watts
From:  sorry.google.com
Realtor Watts eyes pent-up housing demand January 4th, 2008, 11:59 am · 175 Comments · posted by Jon Lansner/O.C. Register columnist Realtor/economist Gary Watts plays Eyeball ‘08, our two-week long, holiday cornucopia of opinion of how 2008 will play out for local real estate. Every day at noon, we’ll offer up a new market watcher’s thoughts on the market … Watts’ forecasts of the O.C. housing market always draw emotion, no matter what your own outlook has been. While he saw th... Read Full Story
Gary Watts
From:  blogger.com
Realtor Watts eyes pent-up housing demand January 4th, 2008, 11:59 am · 175 Comments · posted by Jon Lansner/O.C. Register columnist Realtor/economist Gary Watts plays Eyeball ‘08, our two-week long, holiday cornucopia of opinion of how 2008 will play out for local real estate. Every day at noon, we’ll offer up a new market watcher’s thoughts on the market … Watts’ forecasts of the O.C. housing market always draw emotion, no matter what your own outlook has been. While he saw th... Read Full Story
Surging U.K. Swap Rates Threaten Housing `Crash
From:  blogger.com
June 17 (Bloomberg) -- The U.K. housing market may crash as faster inflation prevents the central bank from cutting interest rates to bolster the economy, and as swap rates surge, according to Jim Reid, a strategist at Deutsche Bank AG in London. Figures today show U.K. consumer prices rose 3.3 percent in May, the most since the index was first compiled 11 years ago. That is the second time inflation has failed to stay within a percentage point of the government's 2 percent target s... Read Full Story
Surging U.K. Swap Rates Threaten Housing `Crash
From:  sorry.google.com
June 17 (Bloomberg) -- The U.K. housing market may crash as faster inflation prevents the central bank from cutting interest rates to bolster the economy, and as swap rates surge, according to Jim Reid, a strategist at Deutsche Bank AG in London. Figures today show U.K. consumer prices rose 3.3 percent in May, the most since the index was first compiled 11 years ago. That is the second time inflation has failed to stay within a percentage point of the government's 2 perce... Read Full Story
Surging U.K. Swap Rates Threaten Housing `Crash
From:  blogger.com
June 17 (Bloomberg) -- The U.K. housing market may crash as faster inflation prevents the central bank from cutting interest rates to bolster the economy, and as swap rates surge, according to Jim Reid, a strategist at Deutsche Bank AG in London. Figures today show U.K. consumer prices rose 3.3 percent in May, the most since the index was first compiled 11 years ago. That is the second time inflation has failed to stay within a percentage point of the government's 2 perce... Read Full Story
Surging U.K. Swap Rates Threaten Housing `Crash
June 17 (Bloomberg) -- The U.K. housing market may crash as faster inflation prevents the central bank from cutting interest rates to bolster the economy, and as swap rates surge, according to Jim Reid, a strategist at Deutsche Bank AG in London. Figures today show U.K. consumer prices rose 3.3 percent in May, the most since the index was first compiled 11 years ago. That is the second time inflation has failed to stay within a percentage point of the government's 2 perce... Read Full Story
Ladenburg Thalmann upgrades Lehman to neutral
From:  blogger.com
NEW YORK (MarketWatch) -- Ladenburg Thalmann and Co. bank analyst Dick Bove on Tuesday upgraded Lehman Bros. Holdings to neutral from sell, saying the bank has raised capital and settled many of the uncertainties related to its balance sheet. But Bove also cautioned that the investment bank could see more write-downs and changed his earnings per share estimate for 2008 to a loss of $3.19 per share from a profit of $2.07 per share. "The company's hedging policies appear to still be ineffecti... Read Full Story
Housing starts in May hit 1991 low
From:  blogger.com
WASHINGTON (Reuters) - U.S. housing starts slid 3.3 percent in May to their lowest level in more than 17 years, while permits for future construction also fell, signaling more weakness ahead for the battered U.S. housing sector. The Commerce Department on Tuesday said housing starts set an annual pace of 975,000 units in May, the lowest since March 1991. Economists polled before the report were expecting a 980,000 unit rate. The April starts figure was revised downward to 1.008 million... Read Full Story
Ladenburg Thalmann upgrades Lehman to neutral
From:  sorry.google.com
NEW YORK (MarketWatch) -- Ladenburg Thalmann and Co. bank analyst Dick Bove on Tuesday upgraded Lehman Bros. Holdings to neutral from sell, saying the bank has raised capital and settled many of the uncertainties related to its balance sheet. But Bove also cautioned that the investment bank could see more write-downs and changed his earnings per share estimate for 2008 to a loss of $3.19 per share from a profit of $2.07 per share. "The company's hedging policies appear to still... Read Full Story