Archive for July, 2008
Housing Bill: Big tax breaks for home buyers
While reading through the WSJ coverage of the recently passed housing bill (not yet signed by the President), this line caught my eye. Should definitely push the demand side.
First-time homebuyers purchasing a home between April of this year and through June of next year would receive a tax credit for 10% of the value of [...]
Terra Nitrogen shareholders get dividend cut
A few months ago I wrote several articles about the relationship between Terra Nitrogen L.P. (TNH: 87.74 -2.26 -2.51%) and Terra Industries (TRA: 12.30 -0.02 -0.16%) concerning the earnings and dividends of Terra Nitrogen. You can see the articles here, here and here. For background, TNH had until the last quarterly dividend a deficit of [...]
Existing-home sales fall to 10-year low - How do they know?
Many foreclosures aren’t included in the data at all because they are not sold through the Realtors’ multiple-listing service.
Existing-home sales fall 2.6% to 10-year low - MarketWatch.
If up to 60% of home sales in places like Sacramento and Las Vegas are foreclosures what good is the data from this report? Sacramento and Las Vegas are [...]
Foreclosures still rising in California
Over the last few months I have been writing articles on the improving housing market in the Sacramento region, with a little Las Vegas thrown in. I write on these areas because I am familiar with the markets and these were some of the leaders of the recent boom and bust. Over the last 3 [...]
New Energy Finance - NEX - Weekly Review
Time again to report on last week’s results for the WilderHill New Energy Global Innovation Index, the NEX. The NEX is the target index for the PowerShares Global Clean Energy Fund (PBD: 10.8499 +0.0699 +0.65%). I found some interesting reversals in last week’s top and bottom stocks in the biofuels area.
The NEX ended the week [...]
