Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Thursday, June 28, 2007
Asset Deflation : Metals and Real Estate Closer to Comatose / Housing-Market / Deflation
By: Steve_Moyer
"We have become ninety-nine percent money mad. The method of living at home modestly and within our income, laying a little by systematically for the proverbial rainy day which is due to come, can almost be listed among the lost arts." ~ George Washington CarverRead full article... Read full article...
Monday, June 25, 2007
Home Equity Extraction - Sources and uses of "free cash" / Housing-Market / Money Supply
By: Tim_Iacono
The update to the Greenspan/Kennedy report (.pdf) on home equity extraction was a real page-turner. Seriously, it was pretty good. Economists at the Fed have once again demonstrated why they get paid the big bucks to collect data, assemble tables, and produce fifty page reports with appendices, references, and footnotes all in the proper places.
Unfortunately, as is usually the case, they didn't come to many conclusions or provide nearly enough interesting charts.
Read full article... Read full article...
Friday, June 22, 2007
US Real Estate Investment Trusts (REITs) Bubble Rolling Over! Foreign Financials Flying! / Housing-Market / Global Stock Markets
By: Money_and_Markets
Mike Larson writes : Just a couple weeks ago, I told you that the bond market had suffered a critical break. Now, we're seeing Real Estate Investment Trusts (REITs) roll over, too.
The benchmark exchange-traded fund for this sector, the iShares Dow Jones U.S. Real Estate Index Fund (IYR) , just broke through critical technical support. In other words, investors are voting with their feet and saying the bubble in commercial real estate is finito.
Read full article... Read full article...
Wednesday, June 20, 2007
Irrational Housing: Insiders Out Early and the Duesenberry Effect / Housing-Market / US Housing
By: Dr_Housing_Bubble
Markets operate under the assumption that key players act rationally in most circumstances. Their premise is such that market stability is based on people acting to a set of according rules. Much has been debated about this because economics as a science is cold and aloof; it is a matter of simply stating the facts. Yet we have learned in the recent housing mania that market psychology and behavioral economics play a large role in how people interpret risk and what constitutes an investment.Read full article... Read full article...
Tuesday, June 19, 2007
Subprime Mortgage Problems Quarantined? Ask the Home Builders / Housing-Market / US Housing
By: Paul_L_Kasriel
The National Association of Home Builders (NAHB) index of current sales of new single-family homes edged down a tick to 29 in the June survey, the lowest reading for this housing cycle and the lowest reading since early 1991 (see Chart 1). Why? I will let David Seiders, the NAHB's chief economist, tell you in his own words: "It's clear that the crisis in the subprime sector has prompted tighter lending standards in much of the mortgage market, and interest rates on prime-quality home mortgages have moved up considerably during the past month along with long-term Treasury rates."Read full article... Read full article...
Sunday, June 17, 2007
America's Codependence on Housing: 30% of Job Growth Contributed by Real Estate. Five Point Plan on how the Bubble Will Burst / Housing-Market / US Housing
By: Dr_Housing_Bubble
America has gone housing crazy. In the last six years, housing has contributed to 29% of total employee additions. How does this equate to past decades? Let us take a look:
1971-1979: 10%
1980-1989: 12%
1990-1999: 10%
2000-2006: 29%
Sunday, June 17, 2007
Mortgage Fixed Rates Disappearing Again… / Housing-Market / Mortgages
By: MoneyFacts
Lisa Taylor, of Moneyfacts.co.uk – the money search engine, comments:“With base rate remaining on hold, at least for the next month, we may have expected the mortgage market to have settled. However this is far from the case, especially for fixed rate deals that have been either disappearing off the shelves or increasing rapidly.Read full article... Read full article...
Friday, June 15, 2007
Homebuilders Stocks Rallying : How could this be? Part II / Housing-Market / US Housing
By: Michael_K_Dawson
My trading strategy is fairly simple. I identify a dominate theme and then buy leading stocks in that theme. This has worked quite well for me over the years. Back in the good old days it was the Internet and stocks like AOL (TWX), CMGI (CMGI), Cisco (CSCO), Intel (INTC) and Microsoft (MSFT). Over the past three years, it has been industrialization of the emerging markets. This led to the formation of my Big Build-Out (BBO) portfolio and stocks like Companhia Vale do Rio Doce (RIO), Southern Copper (PCU) and BHP Billiton (BHP). Read full article... Read full article...
Friday, June 15, 2007
We are on the Brink of a UK Housing Market Crash Warns Fool.co.uk / Housing-Market / UK Housing
By: Fool.co.uk
Household finances in British homes are at breaking point. With virtually no safety margin in the average household budget, a further rise in interest rates could tip many homeowners over the edge, according to a study by personal finance website Fool.co.uk .Currently, the gross income of the average household in the UK is £32,800 (1). This equates to a net income of £,700 (1) after adjusting for the receipt of benefits and the deduction of direct and indirect taxes. While this comfortably exceeds average household expenditure of £20,800 (2) before mortgage payments, it only tells part of the story.
Read full article... Read full article...
Tuesday, June 12, 2007
Housing Market Crashing? Yes, In Slow Motion / Housing-Market / US Housing
By: Phillipa_Green
Interesting video on the US housing market crash by Itulip.Read full article... Read full article...
Wednesday, June 06, 2007
On Interest Rates Decision One Million Homeowners Drowning in Alphabet Soup / Housing-Market / UK Housing
By: Adrian_Ash
"...The City of London leads Europe – and only just tails the US – in packaging debt as an investment product. Most especially, the City loves mortgage-backed securities..."
WILL THE BANK OF ENGLAND raise Sterling interest rates on Thursday? One million British homeowners are hoping they don't.
Read full article... Read full article...
Saturday, June 02, 2007
What a Housing Market Recovery Will Look Like - Housing Bust Recovery in 1930s / Housing-Market / US Housing
By: Submissions
The housing bust is here and we can all expect home prices to decline every year for years to come. However, recovery will eventually happen and when today's market seems bad just take a look at this video to know what a recovery looks likeRead full article... Read full article...
Friday, June 01, 2007
Price is Everything in Today's Housing Market! / Housing-Market / US Housing
By: Money_and_Markets
Mike Larson writes : There is demand for housing out there. Yes, you heard me right — people are willing to buy homes.
There's just one catch: The prices have to be low!
That's one message from the April housing data. The other is that we are literally swimming in homes for sale — condos, town houses, single-family homes, you name it!
Let me tell you what this means …
Read full article... Read full article...
Thursday, May 31, 2007
MORTGAGE APPROVALS FALL / Housing-Market / UK Housing
By: bsa.org.uk
- Building society gross advances amounted to £3,772m in April 2007, compared to £3,512m in April 2006.
- Net advances were £1,031m in April 2007, versus £1,106m in April 2006.
- Approvals were £3,910m in April 2007, down from £4,248m in April 2006.
Thursday, May 31, 2007
UK Housing Market Boom Coming to an End / Housing-Market / UK Housing
By: Phillipa_Green
Data released by the Bank of England confirms a continuing drop on mortgage approvals as the number of loans approved for house purchases in April were 107,000, for remortgaging 98,000 and for other purposes 72,000 were all lower than in March. The numbers are all down significantly on the start of the year.Read full article... Read full article...
Thursday, May 31, 2007
Real Estate Bubbles and California's Economic Growth, Video Lecture Part 1 / Housing-Market / US Housing
By: Submissions
An economics video presentation at Humboldt State University. Special guest lecturer Dr. Christopher Thornberg of Beacon Economics discusses the current housing bubble and its effects on CaliforniaRead full article... Read full article...
Tuesday, May 29, 2007
UK Home Information Packs (HIPs) on the Rack ? / Housing-Market / UK Housing
By: Submissions
The looming introduction of home information packs (Hips) will no doubt have had many property investors and landlords scratching their chins and wondering whether they would cost more than they could possible save.While the packs might be a welcome boost for landlords looking to expand their portfolio, those aiming to sell off a few properties could have regarded them as one extra headache.
Read full article... Read full article...
Tuesday, May 29, 2007
Real Estate and Asset Deflation: You Assume, You Lose / Housing-Market / Deflation
By: Steve_Moyer
"Begin challenging your own assumptions. Your assumptions are your windows to the world. Scrub them off every once in a while or the light won't come in." ~ Alan Alda
Just to prove that every village has its idiots, an article in the San Francisco Chronicle's Sunday Real Estate section last week featured an assortment of irresponsible "mortgage consultants" and "financial strategists" speaking enthusiastically about the idea of borrowing against the equity in your home in order to invest in the stock market (or wherever else you might want to take a chance on achieving an investment return higher than the interest rate you would pay on a home loan).
Read full article... Read full article...
Monday, May 28, 2007
The California Housing Report: Details In the Data Show A Broad-based Price Decline / Housing-Market / US Housing
By: Jas_Jain
Headline: "C.A.R. [California Association of Realtors] reports sales decrease 27.8 percent in April, median price of a home in California at $597,640, up 6.2 percent from year ago." Then we also read, "Throughout the state inventory levels have increased to their highest levels in recent years..."
Price increase in the climate of declining sales and rising inventory? Something doesn't add up.
Read full article... Read full article...
Friday, May 25, 2007
US Housing Discounting and the Gold Bull Market / Housing-Market / Gold & Silver
By: Adrian_Ash
"...The only way US builders can shift unsold homes is to discount. Existing homes, in contrast, won't sell – because the discounting has yet to begin..."
BUY LOW, SELL HIGH – it sounds simple enough. Yet the strategy eludes most people.
Drowning in newsprint, they like to buy what's hot instead – like Tech Stocks in late 1999, oil futures in summer 2005, subprime mortgage-backed bonds in 2006, tulip bulbs in Amsterdam , 1624.
Read full article... Read full article...