Market bubbles and depressions tend to be more social phenomenon than rooted in fact.
Credit Crunch, Mortgage Meltdown, Sub-Prime Crisis, Alt-A Debacle, Housing Doom, Bursting Bubbles…the cliches are as creative as the financing options that used to permeate the marketplace. But what are the real numbers behind such doomsday hyperbole?
They’re not quite as sexy nor [...]
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Tags: Alt-A Debacle, credit crunch, Housing Bubble, Housing Doom, housing market data, mortgage data, Mortgage Meltdown, national foreclosure data, real estate futures, REO, Sub-Prime Crisis, transparent mortgage rates
I had the opportunity to chat with Niki Scevak recently, he’s repurposing data provided by the Home Mortgage Disclosure Act into some very cool and useful charts, maps and other intuitive formats on his new site Mortgage.Homethinking. After poking around for a bit I quickly realized how terribly skewed one set of data is, [...]
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