Archive for November 2010

Nov 2010 Expiration

This morning’s release of the Case-Shiller index results for September highlighted again that there are trading opportunities right up to the last minute on an expiring contract.  Three regions- BOS, LAX and SFR – saw Case-Shiller index numbers released that … Read More

New HUD site on Regional markets

HUD has recently released a new website http://www.huduser.org/portal/regional.html that has statistics on regional issues related to home prices.  They’ve compiled statistics on population, income, employment, and housing-related numbers.  This looks to be a great resource for trading the ten different … Read More

Front Contract expiration

The Nov ’10 contracts finish trading on Monday Nov 29 and will be settled with the Case-Shiller index prices released on Tuesday Nov 30.  With one week left in trading here’s current prices:

Given the bearish comments related to the … Read More

Mid-month Price update

Here’s a table of the price changes for the CME Home Price futures contracts over the last month.  Bids and offers are from Wednesday Nov. 17.

A few observations:

*It has been a generally quiet month for price changes.  Most … Read More

Reducing tax Deductions on Mortgage Interest?

I’m way overdue for a comment here, so I’m going to limp in with a link to the NY Times article on the Financial Commission co-chairs’ proposals to limit tax deduction of interest to the first $500k.

http://www.nytimes.com/2010/11/13/business/economy/13mortgage.html?_r=1&source=patrick.net

It seems … Read More