Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.Thursday, July 01, 2010
U.S. Housing Market Wobbling without Tax Credit Crutch / Housing-Market / US Housing
Don Miller writes: The housing market has struggled to rebuild since its 2007 collapse, and its recovery is on even shakier ground now that a tax credit for first-time homebuyers has expired.
Read full article... Read full article...
Wednesday, June 30, 2010
Defending the Slum Landlord / Housing-Market / Economic Theory
Walter Block writes: To many people, the slumlord — alias ghetto landlord and rent gouger — is proof that man can, while still alive, attain a satanic image. Recipient of vile curses, pincushion for needle-bearing tenants with a penchant for voodoo, perceived as exploiter of the downtrodden, the slumlord is surely one of the most hated figures of the day.
Read full article... Read full article...
Tuesday, June 29, 2010
UK Buy-to-Let Housing Market Sector to be Hit by Housing Benefit Cuts / Housing-Market / UK Housing
The ConLib coalition government's emergency budget intention is to lower the cap on housing benefit payments from £1000 to £400 per week (£20,800 per year) in an attempt to address the rampant and out of control fraud that takes place that runs in the several billions per year which is likely to hit the buy-to-let sector as the £400 weekly cap will force landlords to cut rents charged and thus act as a disincentive to invest in the buy to let sector.
Read full article... Read full article...
Tuesday, June 29, 2010
U.S. Housing Bear Market Second Down Leg Closer Look / Housing-Market / US Housing
Quickly, I will be on Larry Kudlow's show tonight (Tuesday, June 28), which is at 7 pm Eastern. Larry has promised that we will spend some quality time on some of the current issues facing us. See you there! And now, let's jump in to this week's Outside the Box.
Last January 2009, the Outside the Box featured FusionIQ's quant models that blend both fundamental and technical metrics to determine the strength of 8,000 equities as well as the overall markets ( Trading With the Big Boys).
Monday, June 28, 2010
We're Nowhere Near the End of the Real Estate Houisng Bear Market / Housing-Market / US Housing
"Can I see a list of foreclosures, please?"
I was talking to a friend with close contacts in the real estate industry. He said right now, people walk into real estate agencies with only one thing on their minds: buying foreclosures.
Friday, June 25, 2010
U.S. Housing Market Shortage Coming, Now in the Best to to Buy, Inane Thoughts? / Housing-Market / US Housing
Housing bulls are coming out of the woodwork just as housing is about to collapse for the second time.
New Home Sales at Record Low
Housing sales, housing starts, and mortgage refinancings have all collapsed along with the expiration of home-buyer tax credits.
Friday, June 25, 2010
Lousy U.S. Economy Pulling Rug Out From Under Housing Market / Housing-Market / US Housing
Heads up, folks! It’s time for a very important housing market update from the front lines.
More than a year ago in these cyberpages, I told you that housing was stabilizing. All my indicators pointed to an improvement in conditions — less deadweight inventory on the market … increased sales rates … stabilization in pricing.
Read full article... Read full article...
Thursday, June 24, 2010
U.S. Home Sales Take a Big Hit / Housing-Market / US Housing
For more evidence of the current deflationary trend look no further than the real estate market.
Read full article... Read full article...
Thursday, June 24, 2010
FOMC Statement and U.S. Housing Market Post Tax Credit Fundamentals / Housing-Market / US Housing
FOMC Statement “… low levels of the federal funds rate for an extended period.” - No big surprises from the FOMC today. The committee's economic outlook was marginally downgraded and its financial conditions outlook was more substantially downgraded. To wit, "Financial conditions have become less supportive of economic growth on balance, largely reflecting developments abroad." And, oh yes, "Bank lending has continued to contract in recent months." The fact that KC Fed President Hoenig dissented about the "extended period" language also was no surprise, but of no significance either.
Read full article... Read full article...
Wednesday, June 23, 2010
Little Surprise in U.S. Housing Market's Dive / Housing-Market / US Housing
Wall Street doubled over in anguish today as the latest numbers on existing home sales hit the news wires. I must say that I am totally confused as to why the decline was any kind of surprise, however. The mainstream press dutifully expressed every emotion from grief to even outrage as the number was reported and analyzed.
Read full article... Read full article...
Tuesday, June 22, 2010
Here Comes the U.S. Housing Market Double Dip / Housing-Market / US Housing
The housing market double dip is coming... along with an unpopped Australian bubble just waiting to burst.
Remember when "safe as houses" was a legitimate expression? Now it's a bit of an ironic joke. What counts as no joke at all, however, is the chaos investors will face when the second wave of housing market turmoil hits.
Read full article... Read full article...
Monday, June 21, 2010
UK Mortgage Interest Rates At 7 Year Low / Housing-Market / Mortgages
The average rate on two year fixed rate mortgages has fallen to 4.52%, its lowest level since September 2003, when the average stood at 4.51%.
Read full article... Read full article...
Sunday, June 20, 2010
Florida Real Estate Prices: Guess Which Direction This Chart Will Go / Housing-Market / US Housing
The US real estate market all but fell off a cliff two years ago. Though there has been a very minor recovery, or rather, stabilization, in home prices, we recently pointed out that it makes sense to be gloomy.
Read full article... Read full article...
Thursday, June 17, 2010
Will China Housing Market Follow the U.S. In a Mortgage Bust? / Housing-Market / China Economy
As the second largest global economy and one that is growing in the high single digits to low double digits, how China goes so goes the global recovery. A property boom is helping to fuel the Chinese economy. Some analysts claim many new Chinese property owners are encouraged to take out mortgages to buy a home that they can ill afford. Sound familiar? Is China following the U.S.’s example, issuing mortgages that they can cover? If this is true it will bring down the rapid growth of China and the rest of the world suffer. After all China is the economic engine for the global growth story.
Read full article... Read full article...
Thursday, June 17, 2010
UK House Prices Inflation Adjusted Long-term Trend Analysis / Housing-Market / UK Housing
Inflation has huge a impact on the trend for nominal house prices over the long term and therefore forms an important factor in determining a multi-year house price trend forecast.
Read full article... Read full article...
Wednesday, June 16, 2010
Worried About Stocks? The U.S. Housing Market Should Be Your Real Concern / Housing-Market / US Housing
Shah Gilani writes: According to the latest reports on the U.S. housing market, the 96,400 homes hit with default notices last month were 7% less than in April and 22% less than in May 2009.
And that's not all. Foreclosure auctions were scheduled for the first time on 132,680 properties last month - 4% fewer than the month before and 16% fewer than in May a year ago, according to the Irvine, California-based RealtyTrac Inc.
Read full article... Read full article...
Tuesday, June 15, 2010
China's Housing Boom a Bubble or Not? / Housing-Market / China Economy
Stephen Roach does not seem to understand what a bubble is. He makes the same arguments in dismissing China's property bubble that we heard in the US, regarding "solid demand".
Read full article... Read full article...
Tuesday, June 15, 2010
U.S. Housing Market Crash Next leg Down Signaled by Bulging Inventory / Housing-Market / US Housing
Did the Federal Reserve collude with the big banks to hold millions of houses off the market until the Fed finished adding $1.25 trillion to the banks reserves? Did the Fed do this to make it appear that its bond purchasing plan (quantitative easing) was stabilizing prices when, in fact, it was the reduction in supply that stopped prices from plunging? It sure looks that way. This is from Bloomberg News:
Read full article... Read full article...
Tuesday, June 08, 2010
UK House Price Trends for 2010 According to the Halifax and Nationwide / Housing-Market / UK Housing
Labours debt fuelled economic election bounce is over. The new coalition government is gearing up for deep cuts in an attempt to bridge the huge £156 billion gap between government revenues and spending with already a down payment of £6.2 billion recently announced and at least another £24 billion to come on top of tax rises including raising VAT from 17.5% to 20% to raise at least another £25 billion in new taxes.
Read full article... Read full article...
Tuesday, June 01, 2010
U.S. Housing, Real Estate, Credit Bubble Deflation, 5 More Years of Financial Hell / Housing-Market / Deflation
"...and it is in such twilight that we must be aware of change in the air, however slight, lest we become unwitting victims of the darkness." ~William Orville Douglas
First of all, please allow me to apologize for the infrequency of my Safehaven posts, as obviously I have become a fellow more inclined to write at market turns than one who chimes in on an ongoing basis. I appreciate to no end the number of emails I receive requesting updates, but my fingers are in a few more pies now (including the penning of a second screenplay with writing partner Tim Wells and the pursuit of my investment advisory representative license).
Read full article... Read full article...