Disappointing Existing Home Sales: Short Analysis With Charts

Monday morning, the National Association of Realtors came out with existing home sales figures and it wasn’t very pretty. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 4.9 percent to a seasonally adjusted annual rate of 4.82 million in January (lowest since last April at 4.75 million)…

Around The Net -Monday Edition, February 23, 2014

Here’s Yellen’s Challenge: Staying Cautious With Good News – The biggest unknown for Yellen and her policy committee is how financial conditions respond to the first rate increase. How will that affect business investment, the housing market and the cost of credit for everyday consumers? Overcoming an over-sized reaction in credit markets depends a lot on communicating…