Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Thursday, May 14, 2009
UK House Prices Bottom or Temporary Summer Bounce? / Housing-Market / UK Housing
By: Nadeem_Walayat
UK House prices have now fallen by more than 22% from the peak and down 13-16% over the past 12 months with the most recent data across a series of house price indexes such as that of the local government & communities, Nationwide and even the Halifax suggestive of near term support for UK house prices as we move into the seasonally stronger summer months.
Wednesday, May 13, 2009
U.S. Real Estate Investing, Why It's Time to Buy REITs / Housing-Market / US Housing
By: DailyWealth
Porter Stansberry writes: Just a few weeks ago, I introduced my new theory of "The Great Re-Leveraging" to readers of my investment advisory. What is the Great Re-Leveraging? And how is it going to hand investors 60% in the next six months?
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Wednesday, May 13, 2009
UK Property Watch - Can You Beat the Housing Market? / Housing-Market / UK Housing
By: Nadeem_Walayat
Yesterday marked the second hourly showing of the BBC's daily "UK Property Watch" programme shown on BBC2 at 8pm that began on Monday and is set to end this Friday. The aim is to provide analysis on the UK housing market and regional house price trends. However having watched two episodes, I get the distinct impression that the BBC have padded out the useful content of perhaps just two hours of programming to over five hours just to fill the TV schedule which has resulted in repetitive interviews asking the same questions of alternative guests that are either in favour of a UK housing market bottom or are against a property bottom. In fact the same questions are being asked of the same guests as I am sure Merryn Somerset Webb of the Money Week magazine gave near enough the same answers to the questions as she did during yesterdays show.
Wednesday, May 13, 2009
U.S. Housing Market Driven by Super Sizing Baby Boomers Now Going Bust / Housing-Market / US Housing
By: James_Quinn
Beneath the finely groomed blissful suburban façade of America lurk desperation, denial, hypocrisy, and anger. The kids of suburbia today have an entirely different reality than the suburbs I grew up in during the 1970’s. The Ozzie & Harriet idealized version of suburbia from the 1950’s has degenerated to the Green Day nightmare vision of today. The suburbs have mansion-like homes with spotless interiors, entertainment centers, three car garages, manicured lawns, and no soul. The children of suburbia have been brought up on soda pop and Ritalin.
Tuesday, May 12, 2009
UK House Prices False Signs of a Bottom on Government Data / Housing-Market / UK Housing
By: Nadeem_Walayat
The latest UK Government House Prices index data (Communities and Local Government) showed a continuing downtrend with the annual pace of decline accelerating in March to -13.6% from Februarys -12.3%. However the quarterly change showed a significant improvement with a -3.8% drop for Q1 2009, against the housing market crash the occurred in Q4 2008 of -6.4% (-25.6% annualised), which is falsely being jumped upon by some as signs of a housing market approaching bottom.
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Monday, May 11, 2009
UK Property Watch: Most People in Britian Don't Want House Prices to Rise / Housing-Market / UK Housing
By: BBC
Most people in Great Britain would not welcome a pick up in house prices, suggests a poll commissioned for BBC Two's Propertywatch.Read full article... Read full article...
Friday, May 08, 2009
The Nexus of the Real Estate Crash is Shifting to Commercial Properties / Housing-Market / US Housing
By: Money_and_Markets
If you’ve been reading my stuff for the past few years, then you’ve been ahead of the real estate pack every step of the way.
I warned you well in advance that the housing market would implode … that the mortgage industry would collapse … and that virtually any stock exposed to building, construction, banking, or finance would suffer immense collateral damage.
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Thursday, May 07, 2009
UK House Prices Bear Market Trend Forecast 2009 Update / Housing-Market / UK Housing
By: Nadeem_Walayat
With the stealth stocks bull market bouncing along nicely towards the mid May interim target of Dow 8,750, attention is increasingly being drawn towards green shoots of economic recovery elsewhere, specifically in the UK housing market which has endured a severe bear market that began following the August 2007 peak. Therefore this in depth analysis seeks to provide an up to date answer to the question as to whether the UK housing market is near a bottom or not, following the release of UK house price data for April which showed an headline drop of 1.7% for April though the non seasonally adjusted figure showed a pause with average UK house prices now standing at £157,156 down 22% on the August 2007 Peak.
Wednesday, May 06, 2009
Banks Fear Housing Market Crash as Mortgage Providers Target 40% Deposit / Housing-Market / Mortgages
By: MoneyFacts
The number of new mortgages requiring a minimum of 40 per cent deposit has increased by 61 per cent in the last six months.
The number of mortgages requiring a 10 per cent deposit has decreased by two thirds in the last six months.
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Friday, May 01, 2009
U.S. House Prices Measured in Gold / Housing-Market / US Housing
By: Adrian_Ash
The broad sweep in housing-gold ratios is just as broad and as sweeping as both gold bulls and bears might hope...
"I WOULD LIKE to see a similar study using US housing market data," asks a note after BullionVault's recent chart of UK house-prices in gold.
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Thursday, April 30, 2009
UK House Prices Continue Falling in April / Housing-Market / UK Housing
By: Nationwide
• The price of a typical house fell by 0.4% in April
• Housing measures in the budget are welcome, but are unlikely to turn things around
• Economic fundamentals will continue to dominate housing market prospects
Wednesday, April 29, 2009
The UK House Price /Gold Ratio: Bricks vs. Bars / Housing-Market / UK Housing
By: Adrian_Ash
"Top to bottom in the 1970s, house prices measured in gold lost four-fifths of their value all told..."
BEWARE THE CLAMOR to call the bottom in house prices.
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Wednesday, April 29, 2009
Foreclosure Prevention Bill Shields Mortgage Lenders From Fraud / Housing-Market / US Housing
By: Mike_Shedlock
Inquiring minds are investigating provisions of a foreclosure prevention plan working its way through Congress. The plan throws away more taxpayer money while shielding servicers from misconduct. In other words, the bill does exactly what one might expect from this Congress and this administration. Please consider the Washington Post article Foreclosure Prevention Plan Expanded to 2nd Mortgages.
Tuesday, April 28, 2009
The Great U.S. Housing Market Depression, America Stop Thinking about Homes as Investments / Housing-Market / US Housing
By: Uncommon_Wisdom
Sean Brodrick There’s something you need to do for your own mental health: Stop thinking about homes as investments.
You know those guys who are trying to reinflate the housing bubble — Tim Geithner, Ben Bernanke, Larry Summers — President Obama’s posse of the ethically challenged? They’re not your friends.
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Friday, April 24, 2009
U.S. Housing Market Crash, Why is the Media Misleading the Public? / Housing-Market / US Housing
By: Mike_Whitney
Why is the media misleading the public about housing? The housing market is crashing. There are no "green shoots" or "glimmers of hope"; the market is worn to a stump, it's kaput. Still, whenever new housing figures are released, they're crunched and tweaked and spin-dried until they tell a totally different story; a hopeful story about an elusive "light in the tunnel". But there is no light in the tunnel; it's a myth. The truth is, there's no sign of a turnaround or a "bottom" in housing at all; not yet, at least. The real estate market is freefalling and it looks like its got a long way to go. So why is the media still peddling the same "rose-colored" claptrap that put the country in this pickle to begin with? Here's an example of media spin which appeared in Bloomberg News on Wednesday:
Thursday, April 23, 2009
Fannie Freddie Mortgage Loan Delinquencies Soar / Housing-Market / Credit Crisis 2009
By: Mike_Shedlock
On Tuesday, Fannie Mae and Freddie Mac reported Mortgage Delinquencies Rose 50% in a Month.
Read full article... Read full article...Fannie Mae and Freddie Mac mortgage delinquencies among the most creditworthy homeowners rose 50 percent in a month as borrowers said drops in income or too much debt caused them to fall behind, according to data from federal regulators.
Tuesday, April 21, 2009
U.S. Housing Market Heading for a Bigger Crash, Another $4 Trillion of Asset Price Deflation / Housing-Market / US Housing
By: Mike_Whitney
Due to the lifting of the foreclosure moratorium at the end of March, the downward slide in housing is gaining speed. The moratorium was initiated in January to give Obama's anti-foreclosure program---which is a combination of mortgage modifications and refinancing---a chance to succeed. The goal of the plan was to keep up to 9 million struggling homeowners in their homes, but it's clear now that the program will fall well-short of its objective.
Thursday, April 16, 2009
U.S. Housing Market Bust, Who is the ‘Greater Fool’ Now? / Housing-Market / US Housing
By: Lorimer_Wilson
Many Americans, and indeed many people the world over, have lived in a Ponzi bubble economy for more than a decade. They have applied the Greater Fool Theory in the false belief that they would always be able to sell their house or their stocks or bonds or other highly leveraged assets to “bigger fools” than they were for buying them in the first place. With the collapse of the housing bubble and the stock market it begs the question “Who is the ‘greater fool’ now?Read full article... Read full article...
Wednesday, April 15, 2009
UK Housing Market Bottoming? / Housing-Market / UK Housing
By: Nadeem_Walayat
The Royal Institute of Chartered Surveyors (RICS) is reporting that the average sales per surveyor increased for the first time since late 2007 as the number of sales ticked up to 9.7 from a low of 9.6 last month as record low interest rates of 0.5% have cut the mortgage servicing costs for homeowners coupled with the government running an unsustainable £160 billion per annum budget deficit as the government announces ever more reckless stimulus packages and thereby attempting to entice prospective home buyers back into the housing market, though an up tick from 9.6 to 9.7 in the number of sales amounts to a pretty insignificant move of just 1%.
Tuesday, April 14, 2009
U.S. Real Estate/ Credit Bubble Deflation 18: Tick-Tick-Tick.... / Housing-Market / US Housing
By: Steve_Moyer
"To restore the wealth lost in the current financial crisis, the Treasury would have to monetize some $30 trillion of toxic assets, almost ten times what the Geithner Treasury is currently contemplating, and twice the size of current U.S. annual GDP. Add to that about $10 trillion of value lost in the collapse of commodity prices and another $10 trillion in real property values, and we have a wealth loss of $50 trillion." ~ Henry Liu, Asia Times via Mike Whitney