Comments on: Step One of a Housing Bottom

By: Step Two of a Housing Bottom?

Step Two of a Housing Bottom? — Wed, 19 Aug 2009 08:05:09 +0000

[...] report on residential construction provided more evidence that step one of a housing bottom is underway — and that step two may be [...]

By: Step Two of a Housing Bottom? « Donald Marron

Step Two of a Housing Bottom? « Donald Marron — Wed, 19 Aug 2009 04:06:52 +0000

[...] Donald Marron Yesterday’s report on residential construction provided more evidence that step one of a housing bottom is underway — and that step two may be [...]

By: Donald Marron

Donald Marron — Thu, 23 Jul 2009 22:41:24 +0000

@jami: Yes, the early 1980s scenario does give one a little pause. It is possible to put in a bottom and then have it fall away again.

@Bill Greenlaw: Good question. I haven’t seen any estimates yet.

@Steve: Seems possible, or at least is may stop subtracting.

By: Steve

Steve — Thu, 23 Jul 2009 16:55:17 +0000

So Residential Investment should contribute to growth in Q4 maybe?

By: Bill Greenlaw

Bill Greenlaw — Thu, 23 Jul 2009 10:29:05 +0000

I wonder how big the effect of the “first time home buyer” tax credit has been on the uptick in housing starts?

When that credit expires this year I would expect these trends to fall or stutter a bit.

Anyone know how many homes have qualified for the tax credit?

By: jami

jami — Thu, 23 Jul 2009 06:19:40 +0000

Well it looks like in after a 1979 or/and 1980 low it went up only to be tackled back down again in the 1982 recession when the “fed” took back the punch bowl?