Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Wednesday, February 06, 2008
US Housing Bust Heading for the Perfect Storm / Housing-Market / US Housing
By: Mark_B_Rasmussen
The following data on the Housing Depression in the City of Reno illustrates that the Peak was 30 – 31 months ago. The historical peak to trough real estate value is 46 months. Then again, the recent past has exceeded anything in history by several orders of magnitude.
For washoe county, there were 69 bank flreclosures for the entire year 2006, 100 for december 2007 and 204 for january 2008.
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Monday, February 04, 2008
Bursting the UK House Price Bubble - BBC1 at 8.30pm Today / Housing-Market / UK Housing
By: BBC
Mortgage lenders have called for tighter rules to stop possible mortgage fraud involving the sale of newly built city-centre flats.Read full article... Read full article...
Thursday, January 31, 2008
US Homebuilders Stocks Bullish Pattern Developing / Housing-Market / US Housing
By: Mike_Paulenoff
Let's have a look at the near term pattern development in the XHB (Homebuilders ETF), which is being led by components PHM, HOV, DRI, HD, KBH... all of which have very dynamic chart formation after an entire year (or more) of relentless weakness.Read full article... Read full article...
Thursday, January 31, 2008
US Housing Market's a Mess, But Don't Fight the Fed's Determination to Re-flate Asset Prices / Housing-Market / Inflation
By: Michael_Pento
It has been two years since the bursting of the housing bubble began, but we can still hear a plethora of lunacy spewed from market pundits regarding the future of this key part of the economy. After hearing that home prices would never decline, we now hear that real estate is a very small part of our economy. Last week, Mike Norman, of the Economic Contrarian Update, was part of a panel debating the future of the economy and housing and he said that inventory of unsold homes would soon fall dramatically.Read full article... Read full article...
Thursday, January 31, 2008
UK House Prices Fall - Buy to Let Now an Unsatisfactory Investment / Housing-Market / UK Housing
By: Nationwide
House prices fell by a modest 0.1% in January, the third consecutive monthly decline - The annual rate of house price inflation edged down from 4.8% to 4.2%
- Housing market conditions have loosened further, but there are tentative signs that demand may have bottomed out
Tuesday, January 29, 2008
UK Housing Bear Market Confirmed / Housing-Market / UK Housing
By: Nadeem_Walayat
UK house prices slumped in the quarter to December 07, with London leading the way as momentum gathers towards the 2 year forecast for an average decline of 15% by August 2009. The mortgage banking sector is only just beginning to feel the impact of the housing slump as the number of foreclosures (repossessions) is expected to surge to a record busting 80,000 for 2008 from 40,000 last year. Northern Rock was the first to go bust, other banks will follow. But in the meantime watch out for other mortgage lenders, especially those exposed to the buy to let sector such as Paragon to be pushed towards bankruptcy, down 90% from its highs. Read full article... Read full article...
Monday, January 28, 2008
US Homebuilders (XHB) ETF Rally Set to Resume / Housing-Market / US Housing
By: Mike_Paulenoff
Let's take a look at the developing pattern in the Homebuilders ETF (AMEX: XHB), as some of its components, like PHM, DHI, NVR, RYL, HD exhibit charts with meaningful upside technical potential.Read full article... Read full article...
Friday, January 18, 2008
Chinese Housing Market Still Booming / Housing-Market / China Stocks
By: Money_and_Markets
Tony Sagami writes: You know all about the idiocy of the subprime mortgage insanity ... the popping of the U.S. real estate bubble ... and the billions in write-downs from financial institutions.
But today I want to tell you about a real estate boom that's still underway, and is likely to continue for years, even decades. I'm also going to tell you about a company that's well positioned to mint money in the process.
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Tuesday, January 08, 2008
US Housing Market and Recession 2008: Robert Shiller Gets It Wrong / Housing-Market / Recession
By: Gerard_Jackson
There is much confusion and wishful thinking about the direction of the US economy. Supply-siders are claiming that forcing the fed funds rate below the ten-year Treasury rate will stimulate economic. (Meantime, Democrats are wishing for a recession in the belief it would guarantee them Congress and the White House).Read full article... Read full article...
Monday, January 07, 2008
US Real Estate's Deflationary Collapse: Beware the Falling Knife! / Housing-Market / US Housing
By: Steve_Moyer
"Dear Steve,
I want to thank you for your takes on the economy and for telling me what was going to happen. It got me started listening and reading and that has made a big difference in what I invested in. While a lot of people are in shock about what is happening, I see it unfolding just as you said and I have been careful about my investments. Not only that, it's happening pretty much as you said it would.
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Monday, January 07, 2008
US Housing Market Forecast 2008 / Housing-Market / US Housing
By: Dr_Housing_Bubble
Firstly, Dr. Housing Bubble 1 Million Visitors! 200th Housing Post. If you were to ask me in September of 2006 if I would still be blogging, the answer would have been no. From multiple estimates, there are approximately 50 million to 70 million blogs out there. It seems like there is a bubble in blogs! Many blogs do not survive past a few months because it does take commitment and a solid readership.Read full article... Read full article...
Thursday, January 03, 2008
Fed Won't Save the US Housing Market 2008 / Housing-Market / US Housing
By: Michael_Pento
Investors are anticipating that the Fed will continue its easy money policy into 2008, which is expected to relieve credit markets. As a result, the 10-year Treasury note yield has fallen to 4.02% from a high of 5.25% reached in the summer of last year. And as evidence that the fear among banks is easing, LIBOR spreads have narrowed-- although it is still well above the historical average as well as the lows seen in July of 2007. Many now believe that the Fed, in conjunction with foreign central banks, will rescue the consumer and allow the U.S. to avoid a recession.Read full article... Read full article...
Friday, December 28, 2007
UK Housing Market Movers and Shakers of 2007 / Housing-Market / UK Housing
By: Nationwide
• Almost one third of Nationwide’s survey of 30 towns and cities saw double-digit house price growth in 2007 • St Albans remains the most expensive town in the UK with an average house price of almost £350,000 • Belfast saw the fastest rate of house price growth in the UK – house prices rose by £200 a dayRead full article... Read full article...
Friday, December 28, 2007
UK House Prices Fall by 0.5% During December / Housing-Market / UK Housing
By: Nationwide
- House prices fell by 0.5% in December, the second consecutive monthly decline
- The average price of a UK property is £8,334 higher than a year ago
- Rate cuts will help but are unlikely to re-ignite the housing market as in 2005
Thursday, December 27, 2007
Falling US Home Prices and Frozen Interest Rates / Housing-Market / US Housing
By: Peter_Schiff
The Bush administration's mortgage rescue plan will worsen, not alleviate, the problems in the housing market.
We are suffering from a home value crisis, not simply a credit crisis. If home prices were still rising, defaults would be low, investment returns would be high, borrowers would still be cashing out equity, and lenders would be showering credit on home buyers.
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Friday, December 21, 2007
UK Commercial Properties Crash Looms as Property Investment Fund Frozen / Housing-Market / UK Housing
By: Nadeem_Walayat
Britain's fourth biggest insurer, Friends Provident froze its Property Fund on Thursday, thereby denying over 110,000 investors the ability to liquidate their investments. The property fund has an estimated value of more than £1.2 billion or $2.5 billions. The insurance company stated that investors will not be able to gain access to their funds for a period of six months due to a sharp fall in its cash reserves as investors took fright from the collapsing UK housing market, both residential and commercial.Read full article... Read full article...
Monday, December 17, 2007
UK House Prices Fall 3.2% in December - On Target for 2008 Crash / Housing-Market / UK Housing
By: Nadeem_Walayat
Rightmove survey announced a 3.2% drop in UK House price asking prices in the month from Mid November to mid December. This was the sharpest decline since rightmove's records began in 2002. The sharpest drop of 6.8% was in London with average house prices falling by a whopping £28,000 in one month.
Rightmove sited the implementation of the home information packs (HIPs) for the sharp drop. The impact of the HIPs was inline with the Market Oracle warning of 23rd November 07 - UK Housing Market to be Hit by the Big HIPs Freeze During December.
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Wednesday, December 12, 2007
Global Financial Crisis Consequence of the Biggest Housing Bust in US History / Housing-Market / Global Financial System
By: Mike_Whitney
The wreckage in the housing market just keeps piling up. Sales of existing homes in October dipped 23.5% from last year. Prices on new homes dropped 13% year over year. Third quarter foreclosures skyrocketed to 635,000, a 94% increase over last October and an all-time high on the Misery-Meter. The real estate market is in free-fall and the real trouble hasn't even begun yet.
California, Nevada, Arizona and Florida are mired in a full-blown housing depression. Inventory is off-the-chart. Presently, there's a 10.8 month backlog and the numbers are steadily rising. If foreclosures continue at the current pace, by the end of 2008, there'll be a 14 month inventory. That means that every builder in the country could take off his tool-belt right now and stop working FOR MORE THAN A YEAR before the market would clear. Contractors would be filling out job-applications at Red Lobster or looking for an empty street-corner with a tin cup.
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Monday, December 10, 2007
Fed US Interest Rate Cut Tomorrow: Too Little, Too Late / Housing-Market / US Housing
By: Money_and_Markets
Martin Weiss writes:When Dad and I gave our last seminar together, the median price of a new home in the U.S. was under $140,000.
To buy one, you had to put 20% down.
No one had heard of option mortgages, no-doc mortgages or companies like Countrywide Financial that created them.
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Sunday, December 09, 2007
US Housing Subprime Mortgage Rescue Plan Specifications / Housing-Market / US Housing
By: Money_and_Markets
Mike Larson writes: By now, you've probably heard of what I'm calling the "Paulson Plan" — a federal government proposal to ease the pain of the housing and mortgage market collapse. President Bush and Treasury Secretary Henry Paulson held press conferences to highlight the key points yesterday.
I'll be discussing it on CNN's "Open House" show this weekend [Editor's note: 9:30 A.M. Saturday on CNN and 3:30 P.M. EST Saturday and Sunday on CNN Headline News]. But first, I wanted to share my thoughts with you.
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