Tuesday, January 16, 2007

Dataquick numbers released.

Dataquick has released its December numbers, head over to Calculated Risk for comprehensive coverage (I'd also refer you to my opinion on median prices from a earlier post). I would just like to add that in parsing the release for Month over Month changes we see the following:

Release for November 2006:

Indicators of market distress are still at a moderate level. Financing with adjustable-rate mortgages is flat. Foreclosure activity is rising but is still below average. Down payment sizes are stable, as are flipping rates and non-owner occupied buying activity, DataQuick reported.

Release for December 2006:

Indicators of market distress are still at a moderate level. Financing with adjustable-rate mortgages is flat. Foreclosure activity is rising but is still in the normal range. Down payment sizes are stable and flipping rates and non-owner occupied buying activity is down, DataQuick reported.



Small changes in wording but lots of meaning.

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