{"id":997,"date":"2011-09-27T18:33:44","date_gmt":"2011-09-27T22:33:44","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=997"},"modified":"2011-09-27T18:33:44","modified_gmt":"2011-09-27T22:33:44","slug":"housing-takes-baby-steps-towards-better-balance-wsj","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/27\/housing-takes-baby-steps-towards-better-balance-wsj\/","title":{"rendered":"Housing Takes Baby Steps Towards Better Balance &#8211; WSJ"},"content":{"rendered":"<blockquote>\n<p>Supply of new and existing homes for sale stood at 8.4 months at August\u2019s selling rates, down from a large supply of about 11 months a year ago. Equally important, fewer homes are waiting to go on the market. This so-called \u201cshadow inventory\u201d consists of homes in foreclosures, those already repossessed by the lender or homes with a mortgage delinquent for 90 days or more. Mortgage-data provider CoreLogic estimates the shadow inventory totaled 1.6 million in July, down from 1.9 million a year ago.<\/p>\n<\/blockquote>\n<p>via <a href='http:\/\/blogs.wsj.com\/economics\/2011\/09\/27\/housing-takes-baby-steps-towards-better-balance\/?mod=djemRTE_t'>Housing Takes Baby Steps Towards Better Balance &#8211; Real Time Economics &#8211; WSJ<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supply of new and existing homes for sale stood at 8.4 months at August\u2019s selling rates, down from a large supply of about 11 months a year ago. Equally important, fewer homes are waiting to go on the market. This so-called \u201cshadow inventory\u201d consists of homes in foreclosures, those already repossessed by the lender or &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/27\/housing-takes-baby-steps-towards-better-balance-wsj\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Housing Takes Baby Steps Towards Better Balance &#8211; WSJ&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[34],"tags":[1732,1740,3095],"class_list":["post-997","post","type-post","status-publish","format-standard","hentry","category-us-canada-countries-regions","tag-housing","tag-housing-inventory","tag-shadow-inventory"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Housing Takes Baby Steps Towards Better Balance - WSJ - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing Takes Baby Steps Towards Better Balance - WSJ - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Supply of new and existing homes for sale stood at 8.4 months at August\u2019s selling rates, down from a large supply of about 11 months a year ago. Equally important, fewer homes are waiting to go on the market. This so-called \u201cshadow inventory\u201d consists of homes in foreclosures, those already repossessed by the lender or &hellip; Continue reading &quot;Housing Takes Baby Steps Towards Better Balance &#8211; WSJ&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/27\/housing-takes-baby-steps-towards-better-balance-wsj\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-09-27T22:33:44+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/27\\\/housing-takes-baby-steps-towards-better-balance-wsj\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/27\\\/housing-takes-baby-steps-towards-better-balance-wsj\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Housing Takes Baby Steps Towards Better Balance &#8211; WSJ\",\"datePublished\":\"2011-09-27T22:33:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/27\\\/housing-takes-baby-steps-towards-better-balance-wsj\\\/\"},\"wordCount\":103,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"housing\",\"housing inventory\",\"shadow inventory\"],\"articleSection\":[\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/27\\\/housing-takes-baby-steps-towards-better-balance-wsj\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/27\\\/housing-takes-baby-steps-towards-better-balance-wsj\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/27\\\/housing-takes-baby-steps-towards-better-balance-wsj\\\/\",\"name\":\"Housing Takes Baby Steps Towards Better Balance - WSJ - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"datePublished\":\"2011-09-27T22:33:44+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/27\\\/housing-takes-baby-steps-towards-better-balance-wsj\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/27\\\/housing-takes-baby-steps-towards-better-balance-wsj\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/27\\\/housing-takes-baby-steps-towards-better-balance-wsj\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Housing Takes Baby Steps Towards Better Balance &#8211; WSJ\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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While real sales have not increased since early 2021, they have held steady at $230 billion, after\u2026","rel":"","context":"In &quot;Deficit Spending &amp; Employment&quot;","block_context":{"text":"Deficit Spending &amp; Employment","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/deficit-spending-employment\/"},"img":{"alt_text":"Real Retail Sales","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-04-17-realretail.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-04-17-realretail.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-04-17-realretail.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":3688,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/02\/housing-still-drowning-in-underwater-mortgages-real-time-economics-wsj\/","url_meta":{"origin":997,"position":1},"title":"US Housing Still Drowning in Underwater Mortgages &#8211; WSJ","author":"ColinTwiggs","date":"March 2, 2012","format":false,"excerpt":"According to mortgage-data firm CoreLogic, 11.1 million of homeowners had an underwater mortgage in the fourth quarter, representing a large 22.8% of all residential properties with a mortgage. The share has not come down much since the recovery started in 2009. Of those underwater borrowers, 6.7 million have only a\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44972,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/10\/27\/rising-long-term-rates-could-spoil-the-party\/","url_meta":{"origin":997,"position":2},"title":"Rising long-term rates could spoil the party","author":"Colin Twiggs","date":"October 27, 2023","format":false,"excerpt":"Real GDP for the September quarter reflects an annual growth rate of 2.9% for the US, well below the Atlanta Fed GDPNow estimate of 5.4%. Growth in weekly hours worked declined to 1.5% for the 12 months ended September, indicating that GDP is likely to slow further in the fourth\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Real GDP & Estimated Total Weekly Hours","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-26-realgdp-hours.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-26-realgdp-hours.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-26-realgdp-hours.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":7701,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/05\/05\/sp-500-and-treasury-yields-surge\/","url_meta":{"origin":997,"position":3},"title":"S&#038;P 500 and Treasury yields surge","author":"ColinTwiggs","date":"May 5, 2013","format":false,"excerpt":"10-Year Treasury yields rallied sharply on Friday, breaking the new resistance level at 1.70%. Follow-through above 1.80% would confirm the decline is over, signaling another test of resistance at 2.00%\/2.10%. On the monthly chart we can see that breakout above resistance at 2.00%\/2.10% would signal a primary up-trend and possible\u2026","rel":"","context":"In &quot;Fixed Income&quot;","block_context":{"text":"Fixed Income","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/fixed-income\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1716,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/02\/five-challenges-facing-president-obama\/","url_meta":{"origin":997,"position":4},"title":"Five Challenges facing President Obama","author":"ColinTwiggs","date":"November 2, 2011","format":false,"excerpt":"On his inauguration in 2009, Barack Obama inherited a massive headache from the GFC. With unemployment stubbornly above 9 percent, efforts to create new jobs have so far proved futile. Low interest rates from the Fed failed to stimulate new investment. Richard Koo coined the phrase balance-sheet recession to describe\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6695,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/12\/feds-2007-transcripts-show-shift-to-alarm-wsj-com\/","url_meta":{"origin":997,"position":5},"title":"Fed&#039;s 2007 Transcripts Show Shift to Alarm &#124; WSJ.com","author":"Colin Twiggs","date":"February 12, 2013","format":false,"excerpt":"2007 Fed transcripts show that tremors in the US financial system were initially treated with complacency before shifting to alarm. Janet Yellen, then president of the Federal Reserve Bank of San Francisco, was one of the few who showed an understanding of the magnitude of the growing crisis. 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