Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.Wednesday, April 08, 2009
Why Wall Street is Missing the U.S. Housing Market Recovery / Housing-Market / US Housing
William Patalon III writes: Wall Street created the U.S. housing bubble and now it's missing the real estate rebound.
And Andrew Waite understands why. Waite is the publisher of the Personal Real Estate Investor , a glossy magazine that focuses on investors who buy houses or condos to manage for income or to fix up and sell for a profit. But he's not some industry cheerleader whose statements are nothing but spin.
Read full article... Read full article...
Sunday, April 05, 2009
U.S. Housing Market Case Shiller March 2009 Analysis / Housing-Market / US Housing
Inquiring minds are considering the Case Shiller Home Price Release for March 2009.
New York, March 31, 2009 – Data through January 2009, released today by Standard & Poor's for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, shows continued broad based declines in the prices of existing single family homes across the United States, with 13 of the 20 metro areas showing record rates of annual decline, and 14 reporting declines in excess of 10% versus January 2008.
Read full article... Read full article...
Friday, April 03, 2009
U.S. Real Estate Ownership and Investing Dangerous Myths / Housing-Market / US Housing
In March, I started reading a new rush of positive news headlines about U.S. real estate. According to the U.S. Census Bureau, new home sales increased 4.7% in February in comparison to the January revised figures. This was the biggest leap since 2003. MDA Dataquick reported existing home and condominium sales jumped 43% year-over-year. Mortgage applications also rose 32.2% in the third week of March.Read full article... Read full article...
Friday, April 03, 2009
Burj Dubai One Kilometre High Property Crash White Elephant? / Housing-Market / Middle East
World's highest skyscraper Burj Dubai, which Emaar Properties builds in Dubai, will be open for public access in September 2009, RIA Novosti reports with reference to the press service of Downtown Burj Dubai.Read full article... Read full article...
Wednesday, April 01, 2009
Collapsing Commercial Real Estate Could Snuff out U.S. Economic Recovery / Housing-Market / US Housing
William Patalon III writes: Stock prices have rallied for much of last month. The housing market has shown some early signs of life. And some of the latest economic reports haven't been the disasters that many experts feared.Read full article... Read full article...
Wednesday, March 25, 2009
Housing Market Collapse: America's Abandoned Cities / Housing-Market / US Housing
Flint Michigan typifies the plight of inner city urban decay. Inquiring minds are wondering what if anything can be done. MLive explores that issue in an article discussing what to do with abandoned neighborhoods in Flint .Read full article... Read full article...
Monday, March 23, 2009
Alan Greenspan Attempts to Rewrite History on the Fed Housing Bubble / Housing-Market / Central Banks
He's back and in denial in a March 11 Wall Street Journal op-ed headlined: "The Fed Didn't Cause the Housing Bubble." He lied, the way he did throughout his career and for 18.5 years as Fed chairman. How else could he have kept the job, be knighted in the UK for his "contribution to global economic stability, wisdom and skill," then afterwards be extolled by the Money Trust he enriched.Read full article... Read full article...
Sunday, March 22, 2009
U.S. House Prices Could Drop Another 20%, Housing Market Crisis Solutions / Housing-Market / US Housing
- Solving the Housing Crisis
- Housing Could Drop Another 20% in Pricing
- Buy A Home, Get a Green Card
- A Real Stimulus Package
This last Tuesday the Wall Street Journal published an op-ed by my friend Gary Shilling and Richard LeFrak. They offer a simple solution for the housing crisis: give foreigners who will come to the US and buy a home resident status (green cards). This is a very important proposal and one that deserves national attention and action.
Read full article... Read full article...
Friday, March 20, 2009
FSA to Regulate UK House Prices Lower / Housing-Market / UK Housing
The FSA has proposed changes to limit the amount of money people can borrow for house purchases which includes minimum deposits of as much as 15% of the value of the property as part of the Chairman of the FSA, Lord Turners review into the banking crisis. The aim of the review is to put an end to the high risk mortgages that at the height of the housing boom had the likes of the now nationalised Northern Rock bank allowing mortgages of upto 125% of the value of property, far in excess of the X3.5 safe salary multiple which witnessed self certification mortgages of as much as X10 salaries with the accepted norm of more than X5 salaries.Read full article... Read full article...
Tuesday, March 17, 2009
Pretcher Presents Analysis to the Government on the U.S. Housing Market Crash- Video / Housing-Market / US Housing
I want to share with you a FREE 30-minute video that might just change the way you think about government's response to the unfolding financial crisis. Please learn more below or get access to the video now .Read full article... Read full article...
Thursday, March 12, 2009
Sedona House Prices, Timothy Geithner, and Toxic Assets / Housing-Market / US Housing
I was shocked to see the latest issue of the local Sedona newspaper today. I decided to glance at the classified section of houses for sale, and the prices have fallen so much since I last paid any attention to it that I found it difficult to believe. For instance, there's a 2,400 sq.ft. home with 3 bds, 2 bths, with views, on a 1/4 acre, with a pool and a hot tub, here, in the Village of Oak Creek, near where I live, and it's offered for sale at only $339,000! Back in 2003, we sold our house for $275,000 and our house was only 1,820 sq.ft. and has no pool or hot tub! If that $339,000 price was to be translated into the value of our house, I think our house would now be worth less than what the current owners paid nearly 5 1/2 years ago, at the very beginning of the boom here (Nov. 2003). There are other houses with incredibly low prices as well, but the 2,400 sq.ft. one really stood out to me!Read full article... Read full article...
Thursday, March 12, 2009
Telegraph Runs with Improbable UK House Price Crash Forecast of Another 55% / Housing-Market / UK Housing
The mainstream press as illustrated by The Telegraph has run with a house price forecast by Numis Securities (NS) that states that UK house prices could fall by a further whopping 55%, that is a rather incredible forecast to make in light of the of 22% fall to date. NS states that a buy to let investor panic will trigger an avalanche of further selling. I am not aware of Numis Securities past forecasts, however analysis of the perma-bear Capital Economics that has consistently been cropping up with bearish house price forecasts since at least 2002 in the mainstream media illustrated the propensity to reprint press releases with-out checking the facts as to whether the forecast is actually probable or not.Read full article... Read full article...
Wednesday, March 11, 2009
Why UK House Prices Crash is Set to Continue / Housing-Market / UK Housing
I am detecting a certain amount of bullishness in the housing market of late. A number of people with cash are talking about "buying later this year", or "taking advantage of these low rates".Read full article... Read full article...
Sunday, March 08, 2009
Dubai Property Market Crash / Housing-Market / Middle East
Whilst the US housing market crash enters into its third year with house prices down approaching 30%, and the UK house price crash fast approaching its second anniversary this August with average prices lower by more than 22%. The developing worlds housing bubbles have only more recently started to pop, especially following last Septembers financial markets crash in the aftermath of the Lehman Brothers bankruptcy.Read full article... Read full article...
Friday, March 06, 2009
Obama's Mortgage Plan Fails to Address Housing Market Crisis / Housing-Market / US Housing
This week, the Obama administration released the details of how its expanded refinance and mortgage modification programs will work. I've combed through the details. And the view I shared with you two weeks ago in my Money and Markets column remains the same: There's some good, some bad — and one glaring flaw …Read full article... Read full article...
Friday, March 06, 2009
Housing Market House Price Deflation / Housing-Market / Deflation
"Any house bought for 'No Money Down' should become a no money home, a free gift to the debtor. How's that for putting a floor under prices...?"
REMEMBER the great hope for Hope Now...?
Read full article... Read full article...
Tuesday, February 24, 2009
UK Repossessions Hit 40,000 as Housing Mortgage Meltdown Continues / Housing-Market / UK Housing
The Council of Mortgage Lenders reports 40,000 repossessions for 2008. My original forecast for 2008 was for some 75,000 repossessions therefore 40,000 for 2008 is a surprisingly much lower figure than expected with possible reasons as follows:Read full article... Read full article...
Tuesday, February 24, 2009
China's Commercial Property Market Crash / Housing-Market / China Economy
Inquiring minds are reading Beijing's Olympic building boom becomes a bust.
Reporting from Beijing -- "Empty," says Jack Rodman, an expert in distressed real estate, as he points from the window of his 40th-floor office toward a silver-skinned prism rising out of the Beijing skyline.
Read full article... Read full article...
Saturday, February 21, 2009
Commercial Real Estate Closing Shop? / Housing-Market / US Housing
As most of us who carefully follow the macro-economic picture know quite well - there is a certain logical “order” to things and that order has been accurately anticipated by some of us for a very long time. One of the things that's been looming dark-and-large on the economic horizon is the impending and apparently unstoppable hurricane that's about to hit the commercial real estate markets.Read full article... Read full article...
Friday, February 20, 2009
Obama's U.S. Housing Market Mortgage Bailout Plan Analysis / Housing-Market / US Housing
Mike Larson writes: Hardly a day goes by without another government bailout plan, and this week was no different. In Arizona on Wednesday, President Obama rolled out a plan designed to reduce foreclosures.
The multipronged plan has several moving parts. Since it could have an impact on both your personal finances — and your investing strategy — I want to give you some straight talk on it right here in Money and Markets .
Read full article... Read full article...