Matrix Blog

Charts, Maps, Images, Infographics, Video

[Getting Graphic] Manhattan Moving imaGIFs

May 1, 2006 | 12:01 am |

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related images(s).

A good friend of some relatives of mine in Ohio came to visit us for a few days during a sojourn to New York City. He quickly became a friend of ours too. When he returned home, he created some cool rotating gif’s of Manhattan and posted them on his site, [Seldom Heroic]. He gave me the a-ok to post this eye candy.





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[Getting Graphic] Getting Crude May Hurt Housing

April 24, 2006 | 12:01 am | |

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related chart(s).

Click here for full graphic [WSJ]

Source:WSJ

Oil prices are getting many worried, largely because there doesn’t seem to be a limit on their increase these days, with China entering the race for oil consumption and the elimination of the controversial gasoline additive [WSJ] in favor of ethanol, there may be supply and logistical disruptions that send prices higher at the pump. This fuels (sorry) inflation, long term rates rise and/or the Fed continues to press rates upward. Housing suffers.


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[Getting Graphic] The Joy Of Heavy Lifting REDUX: Census Releases Real Population Trends

April 21, 2006 | 12:01 am | |

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related chart(s).

In our post yesterday The Joy Of Heavy Lifting: U-Haul From The Closing, U-Haul’s PR department took a joy ride with their stats (but it was kinda fun while it lasted).

Some noticeable trends are the large exodus from New York (200,000+/Year from 2000-2004) but there was a population gain due to the increase in immigration [WCBS/AP]. The 1990’s exodus to other states from California and from the Northeast appears to have eased since 2000, but not in metropolitan New York [NYT], a Census Bureau analysis says.

Massachusetts was second on the list while there was a significant gain in Nevada, Arizona and Florida.

Click here for full graphic [BG]

Source: Boston Globe


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[Getting Graphic] Making OFHEO Numbers Pretty

April 18, 2006 | 12:01 am |

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related chart(s).

Source: All charts Housedata.info


Housedata.info is a site that has converted the OFHEO Housing Price Index data for each state and key cities with three different charts: Actual numbers as well as an 8 quarter and 20 quarter moving averages, quarter-over-quarter, year-over-year and deviations from the moving average figures. I am not crazy about the black look of the charts, but its still a great resource.

Its a lot easier to see each market than the OFHEO tables [pdf] that are released every quarter. The next release (1st Quarter 2006) is slated for June 1.


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[Getting Graphic] Throwing U.S. A Yield Curve

April 13, 2006 | 10:07 am |

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related chart(s).

Barry Ritholz’s Chart of the Week: Yield Curve, 2002 versus 2006 [Big Picture]

Source: StockCharts
  • 2002 — Steep curve with low short term yields
  • 2004 — Fed starts raising short-term rates
  • 2005 — Yield curve inverts briefly
  • 2006 — Yield curve flattens as long term rates begin to respond to short term rate increases amid inflation concerns

Its going to get interesting when and if the economy gets dragged down by lower activity and prices in the housing market. In theory, the fed could be forced to drop rates in 2007 if the economic reaction to a weakening housing market is harsh. There remains a lot of conjecture that an inverted yield curve leads to a Recession. However, at least to this point, that does not seem to be the case this go ’round.


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[Getting Graphic] A Crack in the Foundation

April 7, 2006 | 11:18 am |

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related chart(s).

Source: Washington Post

Click here for full graphic

Here’s a great article by Neil Irwin on the concern that the housing market slow down could have much more of a far-reaching effecton the economy than it has in prior slowdowns, despite some signs that the economy is holding its own at the moment.

Is Reliance on Real Estate a Crack in the Foundation? [Washington Post]

Here’s a transcript of Irwin’s online discussion

The U.S. economy is more dependent on housing than it has been in a half-century, as the sector fuels consumer spending and has accounted for nearly three-quarters of the nation’s job growth in the past five years.

What makes the real estate boom of the past decade unusual is that its effects have reverberated far beyond closely related sectors such as construction, driving sales in places as varied as furniture stores and motorcycle showrooms, especially in the Washington area and others where home prices have soared particularly rapidly.


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[Getting Graphic] Where Housing Is Affordable And Where It Ain’t

April 3, 2006 | 12:01 am |

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related images(s).

Businessweek estimated affordability using the National Association of Home Builders Opportunity Index compared with the family median income in that metro area.

Affordable… Click here for full graphic [BW]

Source: BW


Not… Click here for full graphic [BW]

Source: BW


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[Getting Graphic] A Lot Of Millionaires Despite Excluding Primary Residences

March 29, 2006 | 12:02 am |

Getting Graphic is a semi-sort-of-irregular collection of our favorite real estate-related images(s).

If we included primary residences, I would bet that 25% of home owners would qualify. It kind of surprised me that the most expensive housing market in the United States, Manhattan, only ranked 13th, but perhaps that can be explained by the debt service required to buy an apartment.

Click here for full graphic [NYT] and the original article

Source: NYT


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[Getting Graphic] Investors Take A Seat

March 28, 2006 | 1:48 pm |

Getting Graphic is a semi-sort-of-irregular collection of our favorite real estate-related images(s).

This photo was taken this past Sunday in Northern Virginia. Its a collection of lockboxes for investor units being flipped in a condo development. The balloons on specific lockboxes must be part of a well thought out marketing strategy.

Go to Bubble Meter to get the whole story.


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[Getting Graphic] A Bear Market For Housing

March 20, 2006 | 12:44 am |

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related chart(s).

Here’s a great summary of the state of the housing market, and its interaction with the consumer.

Bear markets begin when growth in real consumer spending peaks and beings to slow. I think I made the case above that consumer spending is going to face a real uphill battle as cash-out financing slows down, higher energy costs don’t go away, higher interest rates translate into higher mortgage and credit card payments on top of legislation requiring higher minimum payments on credit card balances.

Slower consumer spending and recessions happen “on the margin.” By that I mean that consumer spending does not stop. It just slows down and maybe even stops growing on a year over year basis. That pushes profits down, which means company after company starts having earnings misses and stocks start to drop.

Click here for full article [Goldseek].









Source: Goldseek


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[Getting Graphic] Speculators Moving To Greener Pastures

March 20, 2006 | 12:01 am |

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related chart(s).

Click here for full graphic [latimes.com] and the associated article : Housing Speculators Relocate to Hotter Spots [LA Times]

Too much speculative activity from investors hoping to turn a quick profit is perhaps the biggest sign that a market — whether real estate or stocks or any other asset — is in an overpriced “bubble” condition, economists say. Too many speculators drive prices too high, and when they sense that the market is topping, they tend to sell all at once, sending prices into a free fall.

Source: latimes.com


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[Getting Graphic] Record Increases In Real Home Prices

March 6, 2006 | 12:01 am |

Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related chart(s).

Click here for full graphic [NYT] and the full article Floyd Norris: By Most Measures, a Housing Boom for the Ages[NYT]

Source: NYT


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