monavateme.com: June 2010

Lumber Market Futures show big drop over the last 60 days

I was looking at my charts this weekend and I felt that the lumber charts and the futures market for Lumber were indicating some significant weakness.  What I also is in a look back to 2005 is we seem to be forming a nice base to bottom from.

 

Michael Cantwell

Loan Consultant - Boca Raton, Florida

My website - www.loanDepot.com/mcantwell

My Mobile # 561-262-5366

My Outside Blog Florida Renovation Loans

 

 

 

               

Comment balloon 1 commentMichael Cantwell • June 27 2010 04:46PM
Lumber Market Futures show big drop over the last 60 days
share
I was looking at my charts this weekend and I felt that the lumber charts and the futures market for Lumber were indicating some significant weakness. What I also is in a look back to 2005 is we seem to be forming a nice base to bottom from. .. more
Tax Revenues need to come from somewhere-Property Taxes are one place
share
I found a great US Map that shows the property tax rates per state. With revenues dropping fast and costs going higher and higher you have to feel sorry for those homeowners in the highest % tax rates states. more
First Chinese Drywall Lawsuit awards 2. 4 Million to Florida Couple
share
This week we have the first Chinese Drywall Lawsuit involving a Florida Couple who bought their home in early 2008 and they were seeking 4. 3 million in damages. This is the first of over 40, 000 pending cases. I have written a few blogs on Chinese… more
ActiveRain Call Again
share
I am often asked, do you prefer Mike or Michael. I respond that I really don't care what they call me as long as they call! This is a bit of humor that usually gets a chuckle and it reminds me of how I feel with every phone call I get from Active… more
Bond Market continues recent strength for the first week of June 2010
share
As the stock market tanked again this week after the train wreck of a jobs report the bond market continued to rally. This weekly chart shows that the TLT ETF as a proxy for the bond market and mortgage rates reached a short term high on decent… more