Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Monday, March 14, 2016
UK Property Equity Release Market Responds to Rising Demand with Greater Choice / Housing-Market / Mortgages
By: MoneyFacts
The equity release market is responding to increasing demand from elderly homeowners looking to unlock cash from their homes with a wider range of products and options, according to new research by Moneyfacts.
The research, which focused on the current offerings available in the equity release market, found that there are now 70 different lifetime mortgage equity release deals available covering a wide range of options and loan-to-values (LTVs), an increase of 34% on the number of deals available last year and more than double the total number from three years ago (see the table below).
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Monday, March 14, 2016
U.S. House Prices Forecast 2016, Crash or Continuing Housing Bull Market? / Housing-Market / US Housing
By: Nadeem_Walayat
The most recent release of US House prices data for December 2015 (Case Shiller 10 City Composite) continues to show little change at 197.21 against 197.40 of 4 months earlier which means that US house price inflation has spent virtually the whole of 2015 within a tight range of between +5% and +4%, which whilst stable is nevertheless a far cry from early 2014 that had house price inflation galloping ahead at near 14% per annum as illustrated by the below momentum graph.
Thursday, February 25, 2016
New U.S. Home Sales Unexpectedly Plunge 9.2%, Median House Prices Down 5.7% / Housing-Market / US Housing
By: Mike_Shedlock
New Home Sales Report Dismal Many Ways
Today's new homes sales report was a disaster. Sales fell 9.2% overall, sales in the west plunged 32%, the median price fell 5.7%, and supply rose to 5.8% from 5.1%.
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Wednesday, February 24, 2016
UK Housing Market Mortgage Lending Surges by 38% / Housing-Market / Mortgages
By: MoneyFacts
“The latest statistics from the BBA show that mortgage approvals are up 38% from last year. The rise has been greatly helped by intense competition in the mortgage market, with every loan-to-value (LTV) and fixed rate being fought over by lenders wanting to gain pole position. As a result, the average two-year fixed mortgage rate, for instance, has dropped from 3.14% to 2.56% in the space of just one year.
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Wednesday, February 24, 2016
U.S. Housing Market at the Edge of Another Huge Cliff? / Housing-Market / US Housing
By: EWI
Time and again, we've said that financial markets do what they do despite the Federal Reserve.
When the central bank raised its key rate in December for the first time since 2006, many thought that would translate into higher mortgage rates.
Instead, mortgage rates are nearly as low as they've ever been. A Feb. 12 CNBC headline reads:
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Tuesday, February 23, 2016
First-time UK Homes Buyer Mortgage Deals Edge Towards Pre-crash Levels / Housing-Market / UK Housing
By: MoneyFacts
In the aftermath of the economic downturn mortgage choice at 90% and 95% loan-to-value (LTV) became woefully limited. However, research from Moneyfacts.co.uk shows that product availability for borrowers with small deposits has now expanded to reach its highest level since April 2008.
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Friday, February 19, 2016
2016 Tax Tips for Landlords and Real Estate Investors / Housing-Market / Global Housing Markets
By: Larissa_James
As a landlord or real estate investor, one of the most important tasks you face each year is filing your tax return. Even the smallest slip-up can result in major losses or penalties. As such, you wan to be very careful in how you proceed. Let’s take a look at a handful of the top tips for 2016.
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Monday, February 08, 2016
UK Mortgage Fees Hit 21-month High / Housing-Market / Mortgages
By: MoneyFacts
With over 4,500 mortgage products for borrowers to choose from it’s unsurprising that those seeking the most cost-effective deal can become confused by the array of choice available.
Assessing the overall value of a mortgage is becoming even more crucial as research from Moneyfacts.co.uk shows that borrowers are now stumping up more cash to arrange a mortgage, with the average mortgage fee today being a full £68 higher than in June 2014 - a 21-month high.
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Tuesday, February 02, 2016
UK Buy-to-let Market Unfazed by Stamp Duty Changes / Housing-Market / Buy to Let
By: MoneyFacts
Yesterday saw the close of the Treasury’s consultation on higher rates of Stamp Duty on additional properties. However, data from Moneyfacts.co.uk can reveal that, despite all the talk surrounding the sector, buy-to-let (BTL) mortgage rates are continuing to drop.
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Monday, January 25, 2016
UK Mortgage Interest Rates Are Still Falling - So take Advantage! / Housing-Market / Mortgages
By: MoneyFacts
At the end of last year, rumours about a base rate rise in the near-future reached boiling point, but it appears that providers were unaffected by the predictions and chose not to increase their rates – instead, Moneyfacts.co.uk can reveal that fixed mortgage rates have continued to fall across all loan-to-values (LTVs) and terms.
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Monday, January 11, 2016
Think Tiny When it Comes to 2016 Real Estate Investments / Housing-Market / UK Housing
By: Submissions
Larissa James writes: For years, homes have been getting bigger and bigger. As a result, real estate investors have tied their money up in massive properties and McMansions. And while there will always be a demand for large luxury homes, there’s a growing trend that’s evolving into a new real estate investment opportunity. They’re classified as “tiny homes,” but cash flow is anything but tiny for those willing to take on new risks.
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Tuesday, January 05, 2016
Countdown to the End of UK Housing Market Help to Buy Phase 2 / Housing-Market / UK Housing
By: MoneyFacts
In December this year the mortgage market will wave goodbye to the Help to Buy Mortgage Guarantee Scheme. Since its introduction, the scheme has had a profound effect on the 95% loan-to-value (LTV) mortgage market, giving it a significant boost at a vital time.
As a result of the impetus from the scheme, data from Moneyfacts.co.uk can reveal that the number of mortgages at 95% LTV has risen from 56 in October 2013 to 249 today – a 444% increase.
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Tuesday, January 05, 2016
Government 'Processing Error' Sinks U.S. Housing Market Reports for Entire Year / Housing-Market / US Housing
By: Mike_Shedlock
Huge "Processing Error" in Government Housing Data
When I saw some of the upwardly revised GDP estimates in 2015 I thought they were too good to be true, and that downward revisions were coming.
I had almost given up on that idea, but I was correct all along.
Last month, construction spending was reported to be up 1%. Today we see it was only 0.3%. Economists, being perpetual optimists, came up with a consensus estimate for this month of +0.7% The actual result is -0.4%, over a full percentage point below the consensus and nearly a pull point lower than the lowest estimate of +0.5%.
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Wednesday, December 30, 2015
China Impending Real Estate Housing Market Crash / Housing-Market / US Housing
By: Harry_Dent
We woke up this morning to find oil prices weighing on the market… again… with China suffering the biggest losses. Oil prices have already kept stocks at bay in the best time of the year.
Funny how this “Santa Claus” rally that I predicted wouldn’t happen this year, didn’t. The last time was in 2007 and 2008 – the last years the stock market crashed.
Sunday, December 27, 2015
UK Climate Change Floods Crisis to Hit House Prices 2016 and Beyond / Housing-Market / UK Housing
By: Nadeem_Walayat
Whilst Britain was still dealing with the consequences of the floods of the northern most regions of England of barely 3 weeks ago, now the conveyor belt of heavy rainfall has been working its way down the length of Britain to encompass much of the North of England, Yorkshire and Lancashire and increasingly starting to impact on central England. These are further signs of the real consequences of climate change as the diverging Jet Stream, a conveyor belt for dumping heavy rainfall onto Britain is increasingly becoming a common occurrence that is likely to persist for many more months with the next heavy deluge expected Wednesday.
Tuesday, December 22, 2015
U.S. Housing Market Warning - Don’t Sit On Your Real Estate! / Housing-Market / US Housing
By: Harry_Dent
I suppose you could say we have World War II to thank.Upon returning from the war, soldiers had their GI benefits to enjoy and a deep-seated desire to start a family. And so was born (quite literally) the baby boom, and an accompanying surge in home buying.
Out of the ashes of destruction arose an American middle class and the first generation able to more broadly buy homes with long-term mortgages.
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Tuesday, December 22, 2015
UK Mortgage Interest Rates Recap of 2015 / Housing-Market / Mortgages
By: MoneyFacts
The year of 2015 will been seen by many as the year of the mortgage: competition increased until it reached boiling point, with all sectors of the market becoming embroiled in a fight for borrowers. As a result, rates plummeted until they eventually reached new all-time lows.
Indeed, calculations from Moneyfacts.co.uk based on the average two-year fixed rate mortgage show that a new borrower would now be £805.44* a year better off than they were a year ago.
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Tuesday, December 15, 2015
Yorkshire Building Society New 3.68% Two-year Fixed Rate Mortgage / Housing-Market / Mortgages
By: MoneyFacts
Below is a new product, which has been rated ‘outstanding’ by Moneyfacts.co.uk, the highest rating we award.
Yorkshire Building Society has just launched a new two-year fixed rate mortgage priced at 3.68% until 31.1.18. This deal is for first and second-time buyers who borrow £50,000 up to a maximum of £500,000 at 95% loan-to-value (LTV). A fee of £975 is payable, of which £845 can be added to the mortgage.
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Monday, December 14, 2015
London Housing Market House Prices Forecast 2016-2018 - Video / Housing-Market / UK Housing
By: Nadeem_Walayat
London's housing bull market continues to gallop along at an astonishing pace which depending on which measure one looks at ranges from an annual rate of between 8% and 12%, and that the most recent surge higher has now lifted the average London house price to over an eye watering £600k! Pushing London house prices affordability ratio's upwards of X10 average London earnings, pushing London properties out of the reach of even the professional middle classes, let alone the army of working class necessary to keep the metropolis ticking over. Where many prospective home buyers are being forced to adopt extreme measures such as shared ownerships or be convinced by highly polished sales pitches that a tiny box studio flats priced at £300k+ in run down areas sold as up and coming are a very good deal! So buy now before it is snapped up by someone else, probably who has yet to even set foot in Britain which highlights London's ultimate safe haven status, not just for the worlds people but capital of tax evading billionaires and people of more ordinary means plowing billions into London's better than gold property market each year.
Friday, December 11, 2015
UK House Prices, Immigration and London Property Bubble Mania Housing Market / Housing-Market / UK Housing
By: Nadeem_Walayat
London's housing bull market continues to gallop along at an astonishing pace which depending on which measure one looks at ranges from an annual rate of between 8% and 12%, and that the most recent surge higher has now lifted the average London house price to over an eye watering £600k! Pushing London house prices affordability ratio's upwards of X10 average London earnings, pushing London properties out of the reach of even the professional middle classes, let alone the army of working class necessary to keep the metropolis ticking over. Where many prospective home buyers are being forced to adopt extreme measures such as shared ownerships or be convinced by highly polished sales pitches that a tiny box studio flats priced at £300k+ in an run down (up and coming) area are a very good deal! So buy now before it is snapped up by someone else, probably who has yet to even set foot in Britain which highlights London's ultimate safe haven status, not just for the worlds people but capital of tax evading billionaires and people of more ordinary means plowing billions into London's better than gold property market each year.