Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Tuesday, May 27, 2014
How Much Value Does a Conservatory Add to Your Home? / Housing-Market / UK Housing
By: Nadeem_Walayat
Percentage added to home value of 50% to 133% of typical costs incurred. Typically £16k spent can convert into as much as a £22k increase in value, though this is very variable and can result in a loss of 50% of the costs incurred.
Whether a conservatory will add value to your home is not a clear cut decision as it depends on a number of factors such as the intended quality of build as the price for conservatories ranges from £5k at the low end for a wholly UPVC build bolted onto the back of houses to one built onto a dwarf wall of upto 30square metres in area that can cost upto £30k.
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Monday, May 26, 2014
Top 15 Home Value Increasing Improvements - Extensions / Housing-Market / UK Housing
By: Nadeem_Walayat
Moving home can be one of the most stressful times in ones life, therefore before one considers moving it may be better to fully evaluate the potential that your existing home presents in terms of a myriad of possible home improvements that not only make your home more livable but also add significantly more to your homes value than the amount spent.
In today's age it is taken as granted that your home has both double glazing and central heating installed, if for some reason you have been putting off installing either of these than that will be a huge red mark against your home when you put it on the market as it will ring the warning bells amongst viewers that there could be much more wrong with your property. Similarly this guide assumes that if there are any serious structural issues such as subsidence then these will already have been dealt with before hand.
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Sunday, May 25, 2014
Home Buyers, Sellers and Estate Agents, Sell Your House for Cash? / Housing-Market / UK Housing
By: Nadeem_Walayat
What you need to know about Estate Agents
There will be greater competition in affluent areas between estate agents for business due to higher potential commissions, therefore there is a tendency to more aggressively value these properties so as to secure business and shut out other agents which means houses at least when first going on the market will tend to be over priced by typically 10%.
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Saturday, May 24, 2014
UK Buy to Let Property Investing Business Top 12 Tips / Housing-Market / Buy to Let
By: Nadeem_Walayat
Investing in buy to let properties is nothing new for this is a near 3 decades old trend that began as a consequence of the Thatcher government introducing the policy of selling off council houses that continues to this day despite the emergence of the housing associations sector, today private rental properties out number social housing with some 10 million people in private rental properties more than triple the number 20 years ago as rising property prices and cost of living is pushing home ownership out of the reach of those on average earnings.
Friday, May 23, 2014
Sheffield, Rotherham Temporary House Prices Crash Triggered by New Roma Ghetto's / Housing-Market / Sheffield
By: Nadeem_Walayat
Whilst a house prices boom is underway in much of the country and not just London's white hot property market but also in much of Yorkshire with strong demand from buyers pushing house prices in cities such as Leeds to nudge above a 10% annual house price inflation rate, instead asking prices in Sheffield, and its poorer neighbouring cousin Rotherham have instead plunged back into the red with Sheffield at an average of -2% and Rotherham at -3%.
Thursday, May 22, 2014
How to Safeguard Your Portfolio from the Coming U.S. Housing Market Crisis / Housing-Market / US Housing
By: DailyGainsLetter
George Leong writes: The housing market has enjoyed a boom that’s lasted several years as prices have ratcheted upward toward the 2008 highs, prior to the subprime mortgage meltdown. Now, while the housing market has been fairly steady with above-average price appreciation potential in homebuilder stocks, I still think we could be headed for some issues on the horizon.
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Thursday, May 22, 2014
UK and US Housing Bull Market Trend Forecasts and How to Profit New Free 300 page Ebook / Housing-Market / UK Housing
By: Nadeem_Walayat
The UK housing bull market has barely begun and already bubble talk fills the media air waves whilst similar bubble talk in the US began a year earlier! The latest media noise concerns mortgage caps and rising interest rates, both are red herrings as the media fail to even be conscious of the primary drivers of this bull market, hence much of which is written will remain several years behind the curve and continue to miss whole bull markets just as the stocks bull market has passed under their collective radar for OVER 5 years! The end of which is supposedly always imminent which is now also repeating towards the housing markets with constant commentary of a an about to burst bubble.
Wednesday, May 21, 2014
U.S. Home Owners Drowning in the American Dream / Housing-Market / US Housing
By: Raul_I_Meijer
According to a new Zillow report, 40% of all US mortgage holders can’t afford to sell their homes. That is 20 million Americans homeowners, 10 million who are downright underwater and another 10 million who are so close to being there that they don’t have the money to cover the cost of selling. And those are still numbers across the spectrum; things are far towards the bottom. ’30% of homes in the bottom price tier are in negative equity, while 18.1% of homes in the middle tier and 10.7% in the top tier are underwater’. If we assume that at the bottom, like across the spectrum, as many people are close to being submerged as those who already are, that would mean 60% of bottom tier borrowers are too poor to sell their homes (i.e. have less than 20% equity).
Monday, May 19, 2014
Mark Carney Smoke and Mirrors Warning of UK Housing Market Bubble Crash / Housing-Market / UK Housing
By: Nadeem_Walayat
Mark 'Money Printing' Carney continued to put up a smoke screen of a UK housing market bubble that needs to burst as he acted to cover his and the Bank of England's backs for being the architects of the current UK housing bull market that continues to accelerate towards an average inflation rate of 10% per annum, which looks set to break to a new all time high within the next few months, whilst the London bubble already stands at a 20% premium to its 2007 bull market peak following waves of foreign buying that seek a safe haven from their own corrupt and always eager to steal the peoples wealth governments.
Saturday, May 17, 2014
U.S. Homeowners Become Renters - Welcome to the Third World America / Housing-Market / US Housing
By: John_Rubino
This morning’s housing report was huge. As one representative headline put it: “Housing starts up sharply; permits highest since 2008″.
Dig just a little deeper and it’s still huge, though in a different way. Turns out that all the increase was in apartment building, while single family homes — the linchpin of what used to be thought of as the American Dream — actually fell yet again. Here’s a brief but on-point analysis from the New York Times:
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Wednesday, May 14, 2014
Are Homebuilder Stocks a Buy Ahead of the Spring? / Housing-Market / US Housing
By: Investment_U
David Becker writes: Homebuilding stocks are down nearly 5% so far in 2014, but as spring approaches, an increase in sales could just be the remedy these shares need. Unfortunately, homebuilders generally underperform in May and June, and higher housing prices and recent disappointing sales data could further erode the prices of homebuilder stocks.
Tuesday, May 13, 2014
The Mortgage Is Due for Fannie and Freddie / Housing-Market / US Housing
By: Money_Morning
Shah Gilani writes: You can call it a bailout, a rakeover – I mean, takeover – or socialism for cash. It’s all that and more.
But, whatever you call it, it’s not going to last.
The $187.5 billion bailout of Fannie Mae and Freddie Mac back in 2008 was absolutely necessary. Before you tell me I’m crazy, let me tell you why…
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Sunday, May 11, 2014
UK Housing Market Bubble Warnings Mainstream Media Mania / Housing-Market / UK Housing
By: Nadeem_Walayat
The mainstream media has been busy this past week regurgitating on a near daily basis warnings of a UK housing market bubble from wide range of academic economics institutions despite the fact that the said institutions never saw the housing bull market coming.
Guardian - Three former chancellors warn of house price bubble
Pressure on the Bank of England and the chancellor to scale back the Help to Buy programme has risen after three former chancellors, including two Conservatives, warned that the scheme needed revision and might be fuelling a house price boom.
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Thursday, May 08, 2014
Profitable Investment Opportunities in a Fragile U.S. Housing Market / Housing-Market / US Housing
By: DailyGainsLetter
George Leong writes: The housing market continues to hold. But there are some warning signs. Famed investor Warren Buffett suggested the housing market was overvalued and due for an adjustment.
Now, while there are some indications of an overhyped housing market, I’m not convinced it’s bubble-like quite yet. But be warned: mortgage rates and interest rates are heading higher. This means it will become more expensive to finance mortgages going forward.
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Tuesday, May 06, 2014
Fastest Rise in UK Mortgage Interest Rates for Over 2 Years / Housing-Market / Mortgages
By: MoneyFacts
Research from Moneyfacts.co.uk reveals that the average rate charged on a two-year fixed rate mortgage (across all LTVs) increased by 0.09% in one month, the fastest increase in the average rate since February 2012 when it rose by 0.13%.
The average two-year fixed rate increased on fourteen (70%) of the twenty business days in April. It fell just three times (15%). Anyone applying for a two-year fixed on 1 April would have been offered an average rate of 3.52%, but by 30 April it would have risen to 3.61%, or an additional £290.88 over the term for a mortgage of £250,000.
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Wednesday, April 30, 2014
Profit Like a Real Estate Mogul Without Buying Property / Housing-Market / Housing Stocks
By: Money_Morning
William Patalon III writes: With a 37% gain in The Blackstone Group LP (NYSE: BX) since late July, we've done really well with our targeted investment in real estate.
And with very quick gains of 9% in BRF SA (NYSE ADR: BRFS), 5.2% in South American agricultural play Adecoagro SA (NYSE: AGRO) and 1.6% in high-tech agribusiness player Neogen Corp. (Nasdaq: NEOG), we're doing well with our plays on (pockets of) accelerating U.S. inflation.
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Monday, April 28, 2014
Why U.S. Housing Market Has Stalled — And Why Everything Else Will Follow / Housing-Market / US Housing
By: John_Rubino
It’s not easy being a mainstream economist. You spend your life building models that become your professional identity. And when those models fail to describe and predict reality, you’re left wondering about the meaning of it all.
The latest case in point is US housing. Keynesian economic models say that if you lower mortgage rates you get more houses bought, sold and built. A nice, simple piece of cause and effect. But today’s mortgage rates are at levels that would have incited a buying frenzy a generation ago, employment is rising — and home sales, home building and mortgage originations are all flat-lining.
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Sunday, April 27, 2014
US Housing Market Is Down For The Count / Housing-Market / US Housing
By: Raul_I_Meijer
Recent news, graphs and data confirm what we have long said would inevitably become clear: the entire global economy appears to have “functioned” through an orgy of refinancing, LBO and M&A lately. That is to say, zombie money has been enthusiastically slushed and re-slushed around to provide commissions, bonuses etc. to bankers and brokers, a process enabled by central bank and government policies in which large amounts of credit were thrown against the wall like so much Jello, hoping – but not demanding – that some would stick. Zero bound interest rates made this process all the more attractive, since it was crucial to lure mom and pop back in. But now, if our eyes don’t receive us, it is reaching its inherent limits. And that’s going to hurt something bad.
Wednesday, April 23, 2014
Fed Follies, U.S. Housing Market Fiasco / Housing-Market / US Housing
By: LewRockwell
So far we have experienced 7 million foreclosures. Beyond that there are still 9 million homeowners seriously underwater on their mortgages and there are millions more who are stranded in place because they don’t have enough positive equity to cover transactions costs and more stringent down payment requirements.
And that’s before the next downturn in housing prices—a development which will show up any day. In fact, another downward plunge is a positive certainty now that the buy-to-rent LBO speculators are rapidly pulling out of those “flash” bull markets in Arizona, California, Los Vegas, Florida and elsewhere. The latter were merely short-lived price eruptions which were an artifact of the Fed’s free money policies.
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Monday, April 14, 2014
London House Prices Bubble, Debt Slavery, Crimea 2.0 - Russia Ukraine Annexation / Housing-Market / UK Housing
By: Nadeem_Walayat
Is London House Price Boom Sustainable? Regional UK House Prices Analysis
Recent data released by the Nationwide illustrates that whilst UK average house prices are rising by near 10% per annum to stand at £180,264 and now just 3% away from their 2007 peak (-3%), meanwhile London has been in a raging bull market for well over a year with prices rising by 18% per annum putting the average at £362,699 which is more than 20% above London's 2007 peak.
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