Tanta caught this story from the Orange County Register:
Category Archives: housing
Quarter 2 may come out OK, but challenges remain
At least that’s the assessment of Federal Reserve Bank of San Francisco economist John Fernald (hat tip: Mark Thoma).
Did Fannie and Freddie cause the mortgage crisis?
Some thoughts about the role played by the GSEs in the run-up in mortgage debt and house prices.
The Fannie and Freddie assistance plan
I see much to like about this.
Fannie Mae and Freddie Mac
How did we get into this mess, and how do we get out of it?
Janet Yellen on risks and prospects for the U.S. economy
This morning we were pleased to welcome Janet Yellen, President of the Federal Reserve Bank of San Francisco, to our UCSD Economics Roundtable. She focused on three main challenges: the housing slump, financial market turmoil, and commodity prices, which she likened to the three witches from Macbeth. Her complete speech is available from the FRB SFO Here are some excerpts.
Links for July 3
Today we outsource with some interesting links on oil markets and housing.
Endless winter
As noted by Calculated Risk, global warming or no, the spring selling season for new homes never seemed to arrive this year.
Housing and the oil shock
The housing downturn and rising gasoline prices are each exerting a significant contractionary influence on U.S. GDP. There is also an interactive effect between the two.
House prices and inventory
More outstanding analysis from Calculated Risk.