Doug Kanter wrote:
Actually, I'd like to see more detail about housing purchases. For instance,
at what age did these first time buyers make their purchases? And, in what
regions and what price ranges (and where in the local pricing spectrum did
those prices fall?)


Of course, the main statistic with regards to positive economic news is
that the 'War On Terror' news is awful.

But I agree, these would be interesting line-item comparisons. IMHO a
lot of first-time home buyers are plunging in because they expect
interest rates to go much higher. Oddly enough, that doesn't stop many
of them from getting interest-only ARMs, which is the housing market
equivalent of the huge consumer debt boom of the 1990s (which is also
still going on).

DSK