{"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 v27.2 - 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":44972,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/10\/27\/rising-long-term-rates-could-spoil-the-party\/","url_meta":{"origin":997,"position":1},"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":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":2},"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":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":7021,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/australia-sydney-is-reaching-a-liveability-crisis\/","url_meta":{"origin":997,"position":5},"title":"Australia: Sydney is reaching a liveability crisis","author":"Colin Twiggs","date":"March 18, 2013","format":false,"excerpt":"Professor Percy Allan kindly sent me a copy a report, to which he contributed, on living conditions in Sydney -- prepared by the Urban Taskforce. Here are some interesting excerpts: Over the next 20 years Sydney will need at least 600,000 new homes located in infill sites and in greenfield\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=997"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/997\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}