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Archive for the ‘Housing’ Category

Why are CA and FL hit mainly by mortgage crisis? Striking difference between Jumbo and non-jumbo mortgages

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clip_image001I was going through ofheo’s data (Office of Federal Housing Enterprise) and one thing that mainly struck me was the dramatic difference between the Jumbo and Non-jumbo mortgages. In the first chart,

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Written by econjournal

May 26, 2008 at 5:38 pm

State of US housing – April 2008

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clip_image001Home construction turned up unexpectedly in April. It seems multi family dwelling is growing up. Here is the data from census.gov:

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Written by econjournal

May 19, 2008 at 5:13 pm

Posted in Housing, United States