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HLS
ParticipantCan you clarify “Seasonally Adjusted” ??
ParticipantCan you clarify “Seasonally Adjusted” ??
ParticipantCan you clarify “Seasonally Adjusted” ??
ParticipantBRS…Additive
it is actually the “garbage” first. Here is a link to the report.http://www.census.gov/const/newressales.pdf
Read the “Explanatory Notes” at bottom of page 1.
It is +/- 12.00% not 0.12%Also,a SALE is defined as a deposit taken or a sales agreement signed. (NOT a closed escrow)
Many of them won’t be able to close on a jumbo loan.
The July revised numbers should be pathetic, IF they ever release them.TABLE 1, On page 2, the top half is “seasonally adjusted” The sales YOY in the “west” are down 19.6%
The bottom half is NOT seasonally adjusted and YTD sales are down 30%.I do not have a clear understanding on HOW they factor “seasonally adjusted” Do you know ??
Am I correct in seeing NOT seasonally adjusted as the REAL numbers, and the “adjusted” as manipulated ??The only talk on Friday was SALES UP 22%
Being down 9% would still be accurate with their margin of error. GREAT QUALITY REPORT, eh ??I’ve marked September 27th on my calendar. I can’t wait to see the margin of error on the August report.
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i.e. 2.4% +/- 12% = -9.6% to 14.4% or2.4% * (1+/-0.12) = 2.1% to 2.9%
If it is the first, they should never publish that garbage. My guess is that it is the second.
ParticipantBRS…Additive
it is actually the “garbage” first. Here is a link to the report.http://www.census.gov/const/newressales.pdf
Read the “Explanatory Notes” at bottom of page 1.
It is +/- 12.00% not 0.12%Also,a SALE is defined as a deposit taken or a sales agreement signed. (NOT a closed escrow)
Many of them won’t be able to close on a jumbo loan.
The July revised numbers should be pathetic, IF they ever release them.TABLE 1, On page 2, the top half is “seasonally adjusted” The sales YOY in the “west” are down 19.6%
The bottom half is NOT seasonally adjusted and YTD sales are down 30%.I do not have a clear understanding on HOW they factor “seasonally adjusted” Do you know ??
Am I correct in seeing NOT seasonally adjusted as the REAL numbers, and the “adjusted” as manipulated ??The only talk on Friday was SALES UP 22%
Being down 9% would still be accurate with their margin of error. GREAT QUALITY REPORT, eh ??I’ve marked September 27th on my calendar. I can’t wait to see the margin of error on the August report.
****************************************************
i.e. 2.4% +/- 12% = -9.6% to 14.4% or2.4% * (1+/-0.12) = 2.1% to 2.9%
If it is the first, they should never publish that garbage. My guess is that it is the second.
ParticipantBRS…Additive
it is actually the “garbage” first. Here is a link to the report.http://www.census.gov/const/newressales.pdf
Read the “Explanatory Notes” at bottom of page 1.
It is +/- 12.00% not 0.12%Also,a SALE is defined as a deposit taken or a sales agreement signed. (NOT a closed escrow)
Many of them won’t be able to close on a jumbo loan.
The July revised numbers should be pathetic, IF they ever release them.TABLE 1, On page 2, the top half is “seasonally adjusted” The sales YOY in the “west” are down 19.6%
The bottom half is NOT seasonally adjusted and YTD sales are down 30%.I do not have a clear understanding on HOW they factor “seasonally adjusted” Do you know ??
Am I correct in seeing NOT seasonally adjusted as the REAL numbers, and the “adjusted” as manipulated ??The only talk on Friday was SALES UP 22%
Being down 9% would still be accurate with their margin of error. GREAT QUALITY REPORT, eh ??I’ve marked September 27th on my calendar. I can’t wait to see the margin of error on the August report.
****************************************************
i.e. 2.4% +/- 12% = -9.6% to 14.4% or2.4% * (1+/-0.12) = 2.1% to 2.9%
If it is the first, they should never publish that garbage. My guess is that it is the second.
ParticipantHe’s going to be giddy today about the misleading Housing Sales,, will anybody call him on it ?
The +/- 12% margin is a joke.
ParticipantHe’s going to be giddy today about the misleading Housing Sales,, will anybody call him on it ?
The +/- 12% margin is a joke.
ParticipantHe’s going to be giddy today about the misleading Housing Sales,, will anybody call him on it ?
The +/- 12% margin is a joke.
ParticipantFor the borrower that loses a house, a 1099 is known as “adding insult to injury”….
ParticipantFor the borrower that loses a house, a 1099 is known as “adding insult to injury”….
ParticipantFor the borrower that loses a house, a 1099 is known as “adding insult to injury”….
ParticipantIt’s $5.50 today, that I do know. Bob is 77. I don’t know when the last time he raised his price, but it’s been awhile.
He claims that his rent hasn’t been raised in 30 years either.
ParticipantIt’s $5.50 today, that I do know. Bob is 77. I don’t know when the last time he raised his price, but it’s been awhile.
He claims that his rent hasn’t been raised in 30 years either.
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