Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Friday, January 16, 2015
U.S. Housing Market Bubble 2.0 Meet the Pin / Housing-Market / US Housing
By: James_Quinn
The 30 Year U.S. Treasury bond yield hit 2.35% yesterday. That is the lowest rate in U.S. history for the 30 Year Treasury. During the deepest darkest depths of the recession in March 2009, after the stock market had fallen over 50%, the yield was 3.5%. One year ago it was yielding 4.0%. Long term interest rates are not controlled by Yellen. They reflect the economic prospects of the country. When they are rising it means the economy is doing well. When they are plummeting to all time lows, the economy is either in recession or headed into recession. Take your pick. No amount of government data manipulation, feel good propaganda spewed by the captured mainstream media, or Ivy League educated Wall Street economist doublespeak, can change the fact this economy is in the dumper and headed much lower. The Greater Depression is resuming its downward march toward inevitable war.
Thursday, January 15, 2015
Winter Storms Snow and Wind Tree Damage Dangers, DIY Pruning / Housing-Market / Home Maintenance
By: Nadeem_Walayat
Barely a fortnight after the last snows melted, the weather forecasts are again for both more snow and strong winds ahead that despite deciduous trees having shed their leaves several months ago nevertheless they are still are in danger of broken branches or even toppling over just as Evergreen trees are as Britain's trees are about under go structural shocks following a couple of years of growth with no significant snowfall.
Monday, January 12, 2015
U.S. Housing Market Optimism Is Back Up to 2006 Levels... Should You Worry? / Housing-Market / US Housing
By: Money_Morning
Dr. Steve Sjuggerud writes: Housing optimism is back up to 2006 levels...
Should we worry about a 2006-style bust?
After all, 2006 was "the beginning of the end" in U.S. housing. And it kicked off the worst housing bear market of our lifetimes.
Read full article... Read full article...
Wednesday, January 07, 2015
UK Low Interest Rates Surge in 10 Year Fixed Rate Mortgage Deals / Housing-Market / Mortgages
By: MoneyFacts
Research from Moneyfacts reveals that the number of 10-year fixed rate mortgage deals on the market is continuing on a sharp upward trajectory.
Shorter term fixed rate mortgages have been the favoured option for borrowers for many years, but the historic low rates on offer in today’s market means that fixing for longer periods is definitely an attractive offer, hence the rise of the decade-long fixed rate.
Read full article... Read full article...
Saturday, December 27, 2014
Has Housing Been the Best Way to Preserve Purchasing Power of Money in 21st Century Britain? / Housing-Market / UK Housing
By: Mario_Innecco
If you are chatting to people down at the Red Lion or the Bullʼs Head about investments this Christmas season I am sure 99%, if not 100% of them, would say that housing has been and always is the best place to put your money in. I would not blame them either as the U.K. populace has always been attracted to the real estate market and renting is not the British way of doing things. An “Englishmanʼs house is his castle” comes to mind! So if the asset that is held most dearly to the British starts going up in value they will notice and the newspapers and the press in general will let them know.
Read full article... Read full article...
Wednesday, December 03, 2014
Stamp Duty Cut UK Housing Market Election Boost, Home Buyer Examples / Housing-Market / UK Housing
By: Nadeem_Walayat
The UK housing market will receive a significant boost from midnight tonight with what amounts to a cut in the amount of stamp duty charged on approx 90% of property purchases as the Chancellor, George Osborne in his Autumn statement does away with a huge anomaly / penalty in the way stamp duty tax is charged on property purchases, where for instance just a £1 increase in the price paid would tend to result in many extra thousands due in stamp duty tax that tended to result in huge bottlenecks around the stamp duty bands that acted as caps on house prices in many areas and thus resulted in much inertia.
Wednesday, December 03, 2014
London Property Bubble Primed To Burst - Consequences For UK Economy and Sterling / Housing-Market / UK Housing
By: GoldCore
The ongoing slump in oil prices looks set to take their toll on London’s “super prime” property markets with attendant consequences for the rest of the London property market. Foreign money that had been flooding into the UK from a whole array of international sources and parking in London real estate is drying up.
Tuesday, December 02, 2014
Tiny Houses May Signal a Big Market Change / Housing-Market / US Housing
By: MISES
Jonathan Newman writes: The flowering of the tiny house movement is due in large part to the most recent boom-bust cycle, which left many homeowners wondering if mountain-sized homes are worth equally sized debt or a risky gamble on future housing prices. For some, this meant moving into a house that could be smaller than their previous house’s bathroom.
Although definitions vary for what “tiny” means — from the hardcore enthusiasts to the more inclusive tiny-housers — most agree that any residence smaller than 1,000 square feet fits the bill (but most are less than 500 square feet). And speaking of the bill, such dwellings can range anywhere from $10k to $50k, depending on the size and amenities, and they can enjoy total monthly utilities in the double digits.
Read full article... Read full article...
Tuesday, November 18, 2014
Too Difficult to Get a U.S. Home Loan / Housing-Market / US Housing
By: Bloomberg
HUD Secretary Julian Castro spoke with Bloomberg TV's Peter Cook about the first positive balance for the Federal Housing Administration's mortgage-insurance fund in two years and the outlook for an overhaul of federal housing-finance rules.
Castro detailed the improving financial picture for the Federal Housing Administration, stating the government's mortgage insurance fund is "back in the black" for the time in two years: "Is it now in positive territory. In fact, over the last two years it's seen an increase of $21 billion in its value. And the underlying fundamentals of the portfolio of the fund are stronger than they have been in quite a while."
Read full article... Read full article...
Wednesday, November 05, 2014
U.S. Housing Market San Francisco at Critical Mass / Housing-Market / US Housing
By: Harry_Dent
The website, zerohedge.com, recently reported on an interesting indicator that makes perfect sense, but it’s one that I hadn’t seen before.
They reported that the San Francisco Case-Shiller year-over-year home price index is the primary real estate market that foreshadows when the stock market or any other major bubble will crash. In other words, it’s the bubble that best forecasts other bubbles bursting.
The reason that San Francisco is unique is that it’s very bubbly from a very limited supply… it reflects both Silicon Valley and the tech bubble… and it also reflects the “mega” bubble that is China.
Read full article... Read full article...
Thursday, October 30, 2014
US Mortgages, Risky Bisiness "Easy Money" / Housing-Market / US Housing
By: Mike_Whitney
Here we go again.
Last week, the country’s biggest mortgage lenders scored a couple of key victories that will allow them to ease lending standards, crank out more toxic assets, and inflate another housing bubble. Here’s what’s going on.
On Monday, the head of the Federal Housing Finance Agency (FHFA), Mel Watt, announced that Fannie and Freddie would slash the minimum down-payment requirement on mortgages from 5 percent to 3 percent while making loans more available to people with spotty credit. If this all sounds hauntingly familiar, it should. It was less than 7 years ago that shoddy lending practices blew up the financial system precipitating the deepest slump since the Great Depression. Now Watt wants to repeat that catastrophe by pumping up another credit bubble. Here’s the story from the Washington Post:
Read full article... Read full article...
Tuesday, October 28, 2014
Global Housing Markets - Don’t Buy A Home, You’ll Get Burned! / Housing-Market / Global Housing Markets
By: Raul_I_Meijer
Europe had hundreds of inspectors check 130 banks for a year in that stress test. Who do you think picked up the tab for that? And what did Europe’s taxpayers get in return? As I’m looking right now, they got falling stocks and 3 Italian banks in which trading was halted. What was the ECB’s goal with the tests again?
Oh right, to restore confidence in the markets … Well, with WTI oil falling fast below $80, I think we can now confidently say the Boys of Brussels are either not up to the job, or they’re letting the whole caboodle rapidly drift south on purpose. Probably a bit of both.
Read full article... Read full article...
Tuesday, October 28, 2014
Evidence of New U.S. Housing Market Real Estate Bust Starting to Appear / Housing-Market / US Housing
By: EWI
Editor's note: With permission, the following article was adapted from the October 2014 issue of The Elliott Wave Financial Forecast, a publication of Elliott Wave International, the world's largest market forecasting firm. You may review an extended version of the article for free here.
In February, The Elliott Wave Financial Forecast discussed the great boom in New York City's residential real estate and its keen resemblance to what happened in 1929, when the demand for luxury housing also spiked to previously unseen heights. At 133 East 80th Street, we found this plaque commemorating the earlier era's brick-and-mortar monuments to a Supercycle degree peak in social mood.
Read full article... Read full article...
Friday, October 24, 2014
Meet the New U.S. Housing Market Mortgage Rules – They’re the Same as the Old Ones / Housing-Market / US Housing
By: Money_Morning
Shah Gilani writes: And you thought the federal government was getting out of the mortgage guaranteeing and backstopping business.
In fact, the feds are not only not getting out of the mortgage business, but they’re already blowing up the next bubble.
As a result, the Great Recession – spawned by the credit crisis, easy-money mortgages and low interest rates – is going to make a comeback.
Read full article... Read full article...
Thursday, October 23, 2014
Five U.S. Housing Market Warning Signs Point to Real Estate Market Downturn / Housing-Market / US Housing
By: John_Mauldin
By Tony Sagami
Investing is about piecing together different bits of information into an illustrative picture—sort of a Wall Street version of the connect-the-dots game we played in kindergarten.
That’s why the headline below from Bloomberg made my investment antennae stand up and motivated me to look for either confirmation that the real estate market was indeed slowing down or contrary evidence to explain if the weak summer sales numbers were just a temporary aberration.
Read full article... Read full article...
Wednesday, October 22, 2014
Evidence of Another Even More Sweeping U.S. Housing Market Bust Already Starting to Appear / Housing-Market / US Housing
By: EWI
Editor's note: With permission, the following article was adapted from the October 2014 issue of The Elliott Wave Financial Forecast, a publication of Elliott Wave International, the world's largest market forecasting firm. You may review an extended version of the article for free here.
In February, The Elliott Wave Financial Forecast discussed the great boom in New York City's residential real estate and its keen resemblance to what happened in 1929, when the demand for luxury housing also spiked to previously unseen heights. At 133 East 80th Street, we found this plaque commemorating the earlier era's brick-and-mortar monuments to a Supercycle degree peak in social mood.
Read full article... Read full article...
Monday, October 13, 2014
The U.S. Housing Market Recovery is a Lie... / Housing-Market / US Housing
By: Money_Morning
Shah Gilani writes: Ben Bernanke began his tenure as Chairman of the Federal Reserve Board just as the housing bubble was peaking in February 2006.
He exited the post in February of this year after supposedly shepherding the country out of the Great Recession the mortgage crisis spawned.
He recently admitted the housing recovery is hitting a wall.
Read full article... Read full article...
Thursday, October 09, 2014
Second-Richest Man Says Mortgages Now a "No Brainer" / Housing-Market / US Housing
By: DailyWealth
Dr. Steve Sjuggerud writes: Warren Buffett is the second-richest man in America today, behind Bill Gates. (He was the richest man in the world in 2008.)
He made his fortune through the financial markets. Buffett, to me, is the greatest financial mind of our time – if not ever.
Right now, Mr. Buffett says to get a fixed mortgage... Specifically, he calls it a "no brainer" today...
Read full article... Read full article...
Sunday, October 05, 2014
Monetizing the UK Housing Market Bubble with 20% Discount Election Bribes / Housing-Market / UK Housing
By: Nadeem_Walayat
Many people continuously ask how can UK house prices continue rising from already a very high levels to what appear to be new bubble extremes, especially when average wages have been falling in real terms for the past 5 years and only likely to turn marginally positive this year. The answer to this remains the same in that all governments of whatever party will always seek to monetize the UK housing market in an attempt to keep inflating the housing bubble in perpetuity by literally printing money (QE and and debt that will never be repaid but inflated away).
Friday, October 03, 2014
The Diversity of the Current US Housing Market / Housing-Market / US Housing
By: Boris_Dzhingarov
Though greatly improved from the staggering declines of the past decade, the US housing market still tends to undervalue homes by an average estimated 3%. This is the broad view, but America is an enormous country with multiple submarkets. Comparing Metropolitan home sales to the sale of homes in less concentrated areas illuminates the fact that US Housing is not one market, but several.
Read full article... Read full article...