The Wall Street Journal is reporting that the number of homes listed for sale has declined in many U.S. cities in November, reversing a strongly negative trend.
In the 27 metropolitan areas covered in the ZipRealty survey, housing inventory dropped by an average of 28% over the last year and 2.4% during the last month.
In Austin, the number of home listings slid by 19.8 percent over the last year and 3 percent...
It's About Time (Baby Steps Edition)
From tomorrow’s Wall Street Journal headlines: Premier anti-“Drug War” crusader Pete Guither wants to banish the idea that the U.S. is fighting "a war on drugs,"...
Be it Known: Austin is Very, Very, Very Lucky
An important article in today’s Wall Street Journal exposed how dire the national housing crisis has become. Today, across the country, one in six homeowners is underwater in their...
National Condo Market Continues to Implode
Outside of Austin, the health of the U.S. condo market continues to deteriorate. It's well known that many formerly hot condo markets have come upon tough times. In markets such as Fort...
Best summary of Bjorn Lomborg yet
Hat-tip to The OIl Drum, from The New York Times book review:
Doubtless scientists and economists will spend many hours working their way through Cool It, flagging the distortions and...
Me, APD, and 'Babysitting While White,' Part Deux
Walking home in East Austin on a Friday night, we had no one to fear but Austin PD (via Grits for Breakfast)
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