Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.Tuesday, November 10, 2009
Post-Financial Crisis Secularization Controversy / Housing-Market / Credit Crisis 2009
Martin Hutchinson writes: Massachusetts Land Court judge Keith C. Long recently ruled that foreclosure sales of two properties with securitized mortgages were invalid, a decision that ties up thousands of Massachusetts real-estate transactions.
Read full article... Read full article...
Monday, November 09, 2009
If the U.S. Housing Meltdown Was Bad Wait for Commercial Real Estate Crash / Housing-Market / US Housing
That’s right, the next train wreck will be in commercial real estate. Couldn’t be worse than last year’s residential market crash? That remains to be seen. But it’s coming soon, probably as early as the second quarter of next year, and there’s nothing that can prevent it. The government will intervene, trying desperately to delay the day of reckoning, and may even succeed. For a while. But make no mistake about it, that train is going off the tracks no matter what.
Read full article... Read full article...
Thursday, November 05, 2009
The Great U.S. Housing Market Foreclosure Robbery Of The 21st Century / Housing-Market / US Housing
The Center for Responsible Lending estimates that there have now been 1,000,000 foreclosures filed so far in 2009 and the group expects the foreclosure number to double before the end of the year.
U.S. Home Vacancies Hit 18.7 Million on Bank Seizures (Update2) [1]
Read full article... Read full article...
Thursday, November 05, 2009
Fannie Mae's New Deed for Lease Program, Rent your Home from the Government / Housing-Market / US Housing
There are so many rescue programs going on, I am losing track. Thanks to reader Patrick for notifying me of this; I have been so busy staring at the mirror (while clicking heels 3x) slowly repeating "prosperity is back" I sometime forget how "prosperity" is being achieved.
Read full article... Read full article...
Thursday, November 05, 2009
UK Home Buyer Mortgage Deposit Requirements Ease But Interest Rates Still High / Housing-Market / UK Housing
There is a welcome relief to homeowners and first time buyers as lenders start to increase their maximum loan to values.
Since bank rate reached 0.50% on 5 March 2009, the number of products requiring a minimum of 15 per cent deposit has risen from 169 to 231, those requiring a minimum of 10% have risen from 89 to 105.
Read full article... Read full article...
Wednesday, November 04, 2009
Telegraph UK House Price 55% Crash Forecast Revisited / Housing-Market / UK Housing
Back in March if this year the Telegraph and other mainstream media ran with a scare story that UK house prices could crash by a FURTHER 55%, this was after UK house prices had already fallen by 22% and whilst house prices had yet to bottom the Telegraph story at the time seemed to be a completely ridiculous scare mongering purely for the purpose of sensational headline grabbing rather than presenting something that their readership could utilise to their advantage.
Read full article... Read full article...
Sunday, November 01, 2009
Before Walking Away From Your Mortgage Consult An Attorney / Housing-Market / US Housing
I occasionally have people ask me what they should do about their underwater mortgage. I sometimes give them an opinion as to what I think might be appropriate but I always tell them to consult an attorney or You Walk Away (the latter has attorneys for the states they do business in).
Saturday, October 31, 2009
UK House Prices Post Annual Gain for First Time in 18 Months / Housing-Market / UK Housing
• House prices rose at a slightly slower pace of 0.4% in October
• Annual house price inflation turns positive for first time since March 2008
• Poor GDP figures have mixed implications for house prices
• Consumer expectations consistent with stable to slightly positive house price inflation
Friday, October 30, 2009
U.S. Government Policy Is Distorting the Housing Market / Housing-Market / US Housing
Every few months for the past couple of years, I’ve made it a point to update you on the state of the housing market. I feel it’s essential to do so because …
Read full article... Read full article...
Friday, October 30, 2009
U.S. Housing Market Rebound? Not so fast! / Housing-Market / US Housing
Senate Democrats are a dogged bunch. And they're not easily deterred from their primary duty of kowtowing the big banks. Case in point, the first-time home-buyer tax credit, the controversial bill which provides an $8,000 tax credit (re: subsidy) for new home buyers. Changes in the bill, will provide a $6,500 credit to homeowners "earning up to $250,000 for couples" if they have lived in their home for five years.
Read full article... Read full article...
Thursday, October 29, 2009
Commercial Real-Estate Crush, The Next Crisis Not to Be Wasted? / Housing-Market / US Housing
As I walked home recently from a weekend trip to the grocery store, I passed a total of 13 vacant offices with signs saying "for lease" or "for sale." These spaces ranged from approximately 500 to 5,000 square feet according to their signs, and they are stretched along a main, commercial street in the center of Tucson, AZ. There is also an eight-screen movie theater that sits empty as well.
Read full article... Read full article...
Wednesday, October 28, 2009
U.S. House Prices, S&P Case-Shiller Rolling Over? / Housing-Market / US Housing
In May the S&P Case-Shiller Index started to tick upwards, plenty of people thought that was not going to last (Has the U.S. Housing Market Hit Bottom? ), yet it has edged upwards for three months now.
Read full article... Read full article...
Tuesday, October 27, 2009
U.S. Housing Market Has Bottomed, Now is the Time to Buy / Housing-Market / US Housing
Martin Hutchinson writes: It looks like the U.S. housing sector has bottomed. In fact, if you’ve been thinking about buying a house, this may be the time to make your move.
Let me tell you why.
Read full article... Read full article...
Friday, October 23, 2009
A Mixed Picture In The U.S. Housing Market / Housing-Market / US Housing
In early 2007, after the real estate bubble began bursting and the extent of the problems from sub-prime mortgages became more clear, I predicted the aftermath would have the economy in the worst recession since 1973-74 by the end of the year (2007).
Read full article... Read full article...
Friday, October 23, 2009
U.S. Housing Market, Tax Credits, and Realtors / Housing-Market / US Housing
So, the home buyers tax credit is in the news again and it's becoming quite controversial...
Proponents would like to see the program extended well into next year and have the credit expanded to $15,000 (or more), removing the first-time home buyer requirement which, by the way, really didn't restrict this to new home buyers at all, just those who hadn't owned a home in the last three years.
Monday, October 19, 2009
FSA Sets Out Major Reforms For The U.K. Mortgage Market / Housing-Market / Mortgages
The Financial Services Authority (FSA) today sets out proposals for the major reforms required in the UK mortgage market to ensure that it works better for consumers and is sustainable for all market participants.
Read full article... Read full article...
Friday, October 16, 2009
Commercial Real Estate Vacancies Musical Chairs / Housing-Market / US Housing
Commercial real estate vacancies hit nearly 25% in Phoenix Valley area. Scottsdale and Southeast Valley vacancies are even higher. Please consider Office vacancy rates in Valley hit record.
Read full article... Read full article...
Thursday, October 15, 2009
China Real Estate Burgeoning Bubble Special Report / Housing-Market / China Economy
Today I offer you an insightful look at China's real estate market - a "burgeoning bubble" that deserves a close eye as the possibility for breaking increases. Remember the chaos in Japan after their own housing dreamscape got violently yanked back to earth? As investors, we have to recognize opportunities - and know what to avoid. With a global economic crisis - and now surging housing prices in China - investors in any global market need to keep watch on political and economic developments around the world.
Read full article... Read full article...
Tuesday, October 13, 2009
The Demise of the Self-certification Mortgage / Housing-Market / Mortgages
The Financial Services Authority’s mortgage market review is due out next week and expectations are that the City regulator will bring new self-certification mortgages to a final end.
Read full article... Read full article...
Saturday, October 10, 2009
Indian Residential property prices rise 15% / Housing-Market / India
Is this even realistic in today's climate? First time ever it is seen that Banks are advertising using hoardings and pleading to take loans in metros to buy houses. And on the other hand we see articles that state residential property prices will go up by 15% in an year as they start to call it a bottom. Welcome to the world of pump-and-dump.
Read full article... Read full article...