Here are two more excellent posts by expert analyst Ira Artman.
First in “Drawn and Quartered”, Ira both illustrates the differences between seasonally adjusted, non-seasonally adjusted and annualized data series as well as giving us a better view of foreclosures relative to annualized new and existing home sales.
Next in “No News Is … No News” Ira demonstrates a startlingly cool correlation between housing turnover (total home sales / housing stock) and profit motive (annual home price change – mortgage interest rate)…. This is a particularly interesting exercise in that 5 data series are leveraged to build a correlation between two concepts that we would generally assume to be true but SEEING (the data) IS BELIEVING! Bravo Ira!