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Paper Economy - A US Real Estate Bubble Blog  
A blog dedicated to tracking the demise of the greatest asset bubble in US history.

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New Home Sales: June 2009

Nov 30, 1999
Today, the U.S. Census Department released its monthly New Residential Home Sales Report for June showing the third consecutive increase in sales of newly constructed single family dwellings bringing the seasonally adjusted annual sales pace to 384,000...

How The Bear Popped The Bubble!

Dec 24, 2009
Gather 'round all ye bubble-sitting families and partake in a reading of this warm old holiday classic by Dr. SoldAtTheTop! (Originally posted Christmas 2006!) *** Every Bull Down in Bull-ville Liked the Housing Bubble a lot... But the Bear, Who...

Benefit Explosion!: Extended Unemployment Claims December 24

Dec 24, 2009
While today’s jobless claims report continued to show a steady trend down to both initial and continued unemployment claims with a nearly textbook peak shaping up, considering the federal extended claims data offers a more dire view of the state of...

Mid-Cycle Meltdown!: Jobless Claims December 24 2009

Dec 24, 2009
Today, the Department of Labor released their latest read of Joblessness showing seasonally adjusted “initial” unemployment claims decreased by 28,000 to 452,000 claims from last week’s 480,000 claims while “continued” claims decreased...

New Home Sales: November 2009

Dec 23, 2009
Subtitle: Stop The Presses!!!! Today, the U.S. Census Department released its monthly New Residential Home Sales Report for November showing both significant revisions to prior months results as well as a whopping 11.3% month-to-month decline in sales...

Crashachusetts Existing Home Sales and Prices: November 2009

Dec 23, 2009
This week, the Massachusetts Association of Realtors (MAR) released their Existing Home Sales Report for November showing that single family homes sales absolutely surged jumping 63.1% on a year-over-year basis while condo sales exploded up 76.2% over...

New Home Sales: June 2009



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