Tuesday Links
New-Home Sales Jump as Prices Fall Sharply [NY Times] Homeless Families Could Face Eviction Over Rules [NY Times] Colleagues Cheer Spirit of Officer After Injury [NY Times] City Missed Inspecting 1 of Every 5 Restaurants [NY Times] 132 Ryerson ‘Could Fall Down,’ Architect Says [NYT/Local] NYC Denied Stimulus Money for Cops [NY Post] Calexico: From…
New-Home Sales Jump as Prices Fall Sharply [NY Times]
Homeless Families Could Face Eviction Over Rules [NY Times]
Colleagues Cheer Spirit of Officer After Injury [NY Times]
City Missed Inspecting 1 of Every 5 Restaurants [NY Times]
132 Ryerson ‘Could Fall Down,’ Architect Says [NYT/Local]
NYC Denied Stimulus Money for Cops [NY Post]
Calexico: From Food Cart to Restaurant [NY Daily News]
Tenants Stuck in Run-Down Buildings as Landlords Flee [NY Daily News]
Fort Hamilton Community Club To Get $3.5M Rehab [Brooklyn Eagle]
Photo by swingfeline.
Ono the other hand there was this article yesterday:
http://money.cnn.com/2009/07/23/real_estate/June_home_sales/index.htm?postversion=2009072312
June home sales rise, but prices plummet
For the ninth straight month, home sales were below the bench mark 5 million rate. Average home price falls 15.4% from last June.
Right here, mopie!
Today’s Reading: 170.51
Change from last month: +0.02% (stimulus blip)
Change from last year (YOY): -12% (flat for a month)
YOY change from last month: -2% (“Case Shiller slows”)
Change from peak (June 2006): -21% (“greenshoots!”)
Okay, banks! We have bottom! Sell out Forte! Sell out Oro! Sell out Brooklyn Bridge Park! Thaw the pipes! Open the spigots! C’mon, let’s go!
[The saga of sporadic, short term blips and blams continues in the foreground of the real long term collapse…Fools rush in…]
***Bid half off peak comps***
Brownstoner, I think you missed this one:
Case Schiller slows.
http://www.nytimes.com/2009/07/29/business/economy/29housing.html?hp
BHO, where are you?