Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Wednesday, May 23, 2007
Homebuilders Stocks Rallying : How could this be? / Housing-Market / US Housing
By: Michael_K_Dawson
Since bottoming on April 12th, the SPDR Homebuilders ETF (XHB) is up 12.5%; twice as much as the S&P 500's gain of 6%. If you are surprised by that statement you are not alone. I still find it hard to believe even after staring at the chart.Read full article... Read full article...
Tuesday, May 22, 2007
Investment Flash: Derivatives Say Bernanke Will Be Wrong / Housing-Market / US Housing
By: Paul_Lamont
U.S. mortgages in foreclosure rose in April 62% from a year ago according to RealtyTrac Inc. Folks are increasingly losing their homes as we warned last October . Attempting to allay fears, Federal Reserve Chairman Ben Bernanke spoke last Thursday: "We believe the effect of the troubles in the subprime sector on the broader housing market will be limited and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system." We clearly disagree.
Credit Suisse's ARM Reset Schedule, included in our last report , shows that over $1 Trillion dollars worth of adjustable rate mortgages will reset over the next 5 years. Bloomberg is just now reporting on the extent of the subprime meltdown . Even more telling is what credit derivative market charts are showing.
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Friday, May 18, 2007
HIPs Will Lead to UK Housing Market Crash / Housing-Market / UK Housing
By: Submissions
The introduction of home information packs will lead to a housing market crash, it has been claimed. Julian King, director of National Homebuyers says: "There are many indicators of a crash already in place; increases in repossessions, continued interest rate hikes, first time buyers unable to get on the ladder and the introduction of Hips."Read full article... Read full article...
Sunday, May 13, 2007
Analyst Warns of 'Potential Housing Market Crash' / Housing-Market / UK Housing
By: Submissions
A financial industry expert has warned of a 'potential crash' in the property market.F&C Investments' Ted Scott believes a negative yield on property could lead to buy-to-let investors selling their homes as they can no longer cover costs - which would precipitate a housing market crash.
This scenario will be made more likely should the Bank of England's monetary policy committee (MPC) choose to increase rates to 5.75 per cent in the near future - as has been predicted.
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Thursday, May 10, 2007
Inventory and Sales Of Single Family Homes In Santa Clara County / Housing-Market / US Housing
By: Jas_Jain
The median price for the county in April increased 12.1%, YoY, more than I expected, led by increased prices and volume in high-priced areas like Cupertino, Los Gatos and Palo Alto.Read full article... Read full article...
Friday, May 04, 2007
Dump REITs - An early heads up on another Important US real estate trend! / Housing-Market / US Housing
By: Money_and_Markets
Mike Larson writes: You want to know how to make big money in the markets? Be early.
By picking up on a trend in its infancy, you're able to position your portfolio for the day when that trend explodes onto the front pages of the nation's business sections. Then, when mainstream investors pile in, you'll be there to sell to them.
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Wednesday, May 02, 2007
Global stock market growth to offset US Housing Slump - Whistling Dixie To The Chicken Littles / Housing-Market / US Housing
By: Brady_Willett
Having stayed out of the limelight for far to long, the 'bubbles forever!' doctrine is roaring back:
"Speculative money needs to go somewhere. There is no question that some of it is moving away from housing and into the stock market." Van der Eb, of the Gamco Mathers Fund, Chicago Tribune
"...bulls argue that global stock market strength helps to offset the wealth lost in people's homes..." Street
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Tuesday, May 01, 2007
UK Housing Market Heading for a Property Crash / Housing-Market / UK Housing
By: Nadeem_Walayat
The next rise in UK interest rates to 5.50% is anticipated in a little over a weeks time. This is expected to further impact on a slowing housing market in the UK. Statistics from the British Bankers Association showed a drop in the rate of mortgage approvals by 8% despite the market entering the traditionally strong summer period. UK interest rates are on target to hit The Market Oracle forecasts (as of August 2006, expanded upon in Nov 06), of 5.75% by September 2007. With the risks of even further rises thereafter should inflation continue to stay above CPI 3%Read full article... Read full article...
Saturday, April 28, 2007
US Housing Bubble Meltdown: "Is it too late to get out"? / Housing-Market / US Housing
By: Mike_Whitney
Treasury Secretary Henry Paulson delivered an upbeat assessment of the slumping real estate market on Friday saying, "All the signs I look at" show "the housing market is at or near the bottom.”Baloney.
Paulson added that the meltdown in subprime mortgages was not a “serious problem. I think it's going to be largely contained.”
Wrong again.
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Friday, April 27, 2007
More Bad News on the US Housing Market / Housing-Market / US Housing
By: Money_and_Markets
Mike Larson writes I hate to sound like a broken record … I really don't enjoy being tagged as the "doom and gloomer" of the bunch here … I wish I could do something fun like my good friend Sean Brodrick, who gets to traipse through Canadian uranium mines and tell you all about the red-hot prospects in the sector!
But right now, it's my job to deliver bad tidings. Because when it comes to housing, there are plenty of 'em. With each passing month, more data confirms what I've been telling you — that the U.S. housing market remains stuck in the mud.
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Thursday, April 26, 2007
Pick up in UK house price growth seals a May interest rate rise / Housing-Market / UK Housing
By: Nationwide
Pick up in house price growth seals a May interest rate rise• Pace of house price growth picks up in April, but trend still shows a gradual cooling
• Market demand has been supported by movers, but this too is beginning to wane
• Too rapid an increase in rates could destabilise the market
• Current economic conditions suggest that a house price crash is unlikely
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Wednesday, April 18, 2007
Consequences of Housing Bubble Crash Ignored by the Media for 2 Years / Housing-Market / US Housing
By: Mike_Whitney
Trouble in Squanderville - Two years ago, anyone who wrote about the housing bubble was dismissed as a conspiracy nut. Now hardly a day goes by that the headlines aren't splattered with the details of the massive meltdown in the real estate market.What changed? The facts are essentially the same today as they were back then. In fact, the “Economist” — as well as many independent journalists — had already shown that the Fed's low interest rates had inflated the biggest equity bubble in history which could potentially bring down the entire economy.
Now, all of a sudden, the media is acting as if the problem sprouted up overnight?
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Monday, April 16, 2007
Hidden Home Price Decline In Silicon Valley Housing Market / Housing-Market / US Housing
By: Jas_Jain
The home price declines in Silicon Valley are anything but hidden for most people trying to sell their homes, but it doesn't seem to show up in monthly and weekly reports that show slight YoY gains in the median prices. I have used Santa Clara County as a proxy for Silicon Valley and it is also a good proxy for the SF Bay Area except that Santa Clara County has held up better than most other parts of the Bay Area.
There are two sources of data that I have used - DataQuick, which reports on all home sales, SFHs (single family homes) and condos, new and resales, and sales on MLS, reported by California Association of Realtors (CAR), which reports SFHs and condos separately and most of the detail break down are for SFHs. San Jose Mercury News, the main paper in the area, publishes weekly data from DataQuick with break down by zip codes and that is my source for the DataQuick reports.
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Friday, April 13, 2007
US Housing Market unraveling fast! Dollar breaking down! / Housing-Market / US Dollar
By: Money_and_Markets
Mike Larson writes I hate it when my dire forecasts come true. But my job is to call it like it is, and help you make sound investment decisions. So I keep my emotions out of the process, and focus on reality.
And when I look around me and see what's going on in the markets right now, I see two nasty scenarios coming to pass.
Today, I want to tell you why the worst is not yet over in housing, and why the dollar will continue to get crushed …
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Thursday, April 12, 2007
Mortgage approvals weaken in the face of rising costs and prices / Housing-Market / UK Housing
By: Submissions
Following last week's release of MBBG net lending figures for February, further information now available on lending to individuals shows that:Read full article... Read full article...
Tuesday, April 10, 2007
Green Homes have More Appeal for House Buyers / Housing-Market / UK Housing
By: Nationwide
According to a recent study by Nationwide Building Society, the majority of UK homebuyers preferred a house with environmentally friendly features. Given the choice between two properties of a similar size and value, 82% of respondents claimed a house with features such as solar panels, had more of an influence on their decision to buy than attic rooms (68%), period features (63%) and walk-in wardrobes (62%).Read full article... Read full article...
Tuesday, April 10, 2007
Don't Blame the Market for Housing Bubble and Crash / Housing-Market / US Housing
By: Dr_Ron_Paul
The U.S. housing market, long considered vulnerable by many economists, is now on the verge of suffering a serious collapse in many regions. Commodities guru and hedge fund manager Jim Rogers warns that real estate in expensive bubble areas will drop 40 or 50%. Mainstream media outlets like the New York Times are reporting breathlessly about the possibility of widespread defaults on subprime mortgages.Read full article... Read full article...
Thursday, April 05, 2007
Asset Price Deflation: The New Rules of Real Estate / Housing-Market / Deflation
By: Steve_Moyer
"Three Rules of Work: Out of clutter, find simplicity; from discord, find harmony; in the middle of difficulty lies opportunity." ~ Albert Einstein
I mentioned a couple of weeks ago that our next piece would cover the "new rules of real estate," as post-bubble asset deflation indicators dominate the landscape. Meanwhile, our latest article generated more than 300 emails in a week's time -- our greatest response ever -- and was picked up by websites in the United Kingdom, Germany, Italy, China, Canada, Mexico, and even Cuba .
Obviously we have come to an inflection point on the investment curve and are edging ever-closer to the "point of recognition" as it pertains to real estate. And real estate is key, because in my opinion its collapse will take down all asset classes for some time. Ergo, we humbly offer real estate's new rules:
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Wednesday, April 04, 2007
Who's afraid of the US housing slump? / Housing-Market / US Housing
By: Adrian_Ash
How the suckers robbed themselves in America's biggest ever Ponzi scheme...WHO'S AFRAID of falling home prices in the United States?
Bond investors might welcome a slump, says Bill Gross at Pimco. Head of the world's largest bond fund, he now forecasts "an ongoing bond bull market of still undefined proportions" thanks to US interest rates falling in response to the subprime collapse.
Gross's models put US rates back around 4%, down from the current 5.25%, if the Fed wants to stabilize national home prices.
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Wednesday, April 04, 2007
Subprime Mortgage Problem Contained? Give Me A Break! / Housing-Market / US Housing
By: Michael_K_Dawson
I think that some heads are going to roll when Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson are forced to admit that the subprime mortgage problem is not contained. In my previous professional life, I worked as a sales person for a software company. We as sales people were often referred to as “feet on the street.” In addition to our sales responsibilities, we were responsible for gathering competitive information, surveying the landscape, detecting trends and most importantly feeding this data back to headquarters. Through formal as well as informal channels, the “feet on the street” ensured that the executives always had the most current field data. Since the executives were constantly speaking to Wall Street or in Industry forums inaccurate data could be very costly in many ways.
Obviously there is no such thing as “feet in the street” in the Government. If it were so, Paulson never would have made the following statement “Damage to the American economy from the housing market downturn and subprime mortgage foreclosures appears to be contained…” Five days after his remarks, in a statement released by a Buffalo, N.Y. based regional bank M&T Bank Corp (MTB), it stated that it is having trouble selling some of its loans. Prices dropped more than anticipated in its recent auction of some of its Alt-A loans – loans that fall between subprime and prime.
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