Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.Wednesday, March 20, 2013
George Osborne Boosts UK Subprime Housing Market Ahead of Election Boom / Housing-Market / UK Housing
George Osborne announced a series of additional measures in along stream of give away's aimed at inflating the UK housing market the most significant of which is the policy of zero interest rates which artificially depresses UK interest rates as a consequence of inflationary Bank of England QE Money Printing to the tune of more than £500 billion to date.
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Saturday, March 16, 2013
How to Make Millions From U.S. Real Estate Market Without Paying Taxes / Housing-Market / US Housing
Mark Skousen writes: “How do you make a million? Borrow a million, invest it in real estate, and pay it off.” - Jack Miller
I just returned from a weeklong Royal Caribbean cruise on the “Freedom of the Seas” (great ship) sponsored by The Real Estate Guys Robert Helms and Russell Gray, who have their own radio show and are regular speakers at FreedomFest. Most of my family joined me and we had a great time.
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Monday, March 11, 2013
U.S. Housing Market Mania Bidding Wars Are Back / Housing-Market / US Housing
Home-bidding wars have erupted in Washington D.C., a reminder of the days of the real estate frenzy.
Read full article... Read full article...While much of the nation is still struggling to emerge from a historic housing-market meltdown, the District is reliving its boom days. High rents, low interest rates, low inventory, and a flood of new residents in their 20s and 30s are making parts of the city feel like it's 2005 again.
Tuesday, March 05, 2013
UK Mortgage Market Set for Major Change / Housing-Market / Mortgages
Moneyfacts research reveals that the mortgage market has literally turned on its head in the last five years.
In 2008, everyone wanted to sell to first-time buyers (FTBs); out of 2,096 mortgage products, 957 were aimed at anyone with at least a 10% deposit and only 24 mortgages sought those with a large deposit.
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Monday, March 04, 2013
Spain Housing Market Price Crash Has A Long Way Further To Drop / Housing-Market / Spain
Ilargi: I received another entry from Dave Fairtex, who delves into Spanish houding data this time around. We had a nice discussion about it, since I question some of the assumptions on which he bases his interpretation of the data. In particular, I think Dave assumes 2 things:
1) That, during the - ongoing - bust, Spanish home prices will fall to the level they were at when the boom began (a drop of 55%), and then stop falling right there.
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Friday, March 01, 2013
Is a Bubble Developing in U.S. Housing Market? / Housing-Market / US Housing
George Leong writes: Recently in these pages, I talked about how the government, the Treasury, and the Federal Reserve were creating an artificial economy that was supported by cheap money and low interest rates.
One of the major benefactors of this cheap money was the housing sector, which is now sizzling hot. The median price of an existing home in the U.S. was $173,600 in January, up 12.3% from an average of $154,600 a year earlier. (Source: United States Census Bureau web site, last accessed February 27, 2013.)
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Thursday, February 28, 2013
Why Florida's Housing Market is Set to Boom / Housing-Market / US Housing
Dr. Steve Sjuggerud writes: "I got off the plane in California last January and felt the warmth and the sunshine... in the depth of my New Jersey winter.
"I thought to myself, 'You don't have to live like this.'"
My friend wants out of New Jersey... for a warmer, more business-friendly state, like my own state of Florida. He will certainly not be the only one making such a move.
Tuesday, February 26, 2013
U.S. Housing Bubble - Why It's Always the Best Time to Buy Houses / Housing-Market / US Housing
“The continuing shortages of housing inventory are driving the price gains. There is no evidence of bubbles popping.” – David Lereah, NAR mouthpiece/economist – August 2005
"The steady improvement in home sales will support price appreciation despite all the wild projections by academics, Wall Street analysts, and others in the media." – David Lereah, NAR mouthpiece/economist – January 10, 2007
"Buyer traffic is continuing to pick up, while seller traffic is holding steady. In fact, buyer traffic is 40 percent above a year ago, so there is plenty of demand but insufficient inventory to improve sales more strongly. We've transitioned into a seller's market in much of the country. We expect a seasonal rise of inventory this spring, but it may be insufficient to avoid more frequent incidences of multiple bidding and faster-than-normal price growth.” – Lawrence Yun – NAR mouthpiece/economist – February 21, 2013
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Friday, February 22, 2013
U.S. Housing Market Mania Makes a Comeback, Bidding Wars in Washington D.C. / Housing-Market / US Housing
Home-bidding wars have erupted in Washington D.C., a reminder of the days of the real estate frenzy.
Read full article... Read full article...While much of the nation is still struggling to emerge from a historic housing-market meltdown, the District is reliving its boom days. High rents, low interest rates, low inventory, and a flood of new residents in their 20s and 30s are making parts of the city feel like it's 2005 again.
Thursday, February 21, 2013
Krugman's Call for a U.S. Housing Market Bubble To Fight Recession / Housing-Market / US Housing
Daniel James Sanchez writes: In 2009, Lew Rockwell posted this quote of Paul Krugman's from a 2002 New York Times editorial:
Read full article... Read full article...To fight this recession the Fed needs…soaring household spending to offset moribund business investment. [So] Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble.
Wednesday, February 20, 2013
Housing Market Bubbles - Time to Go Short, Here Come Those Experts Again / Housing-Market / Global Housing Markets
The February 2, 2013, edition of The Economist presented a rousing endorsement for Scandinavian living. ("Cecil Rhodes once said that 'to be born an Englishman is to win first prize in the lottery of life.' Today the same could be said about being born Nordic.") The front cover ("The Next Supermodel: Why the World Should Look to the Nordic Countries") followed by an editorial and a 14-page supplement, cited the authority of 37 experts. Nowhere did the esteemed magazine mention three of the largest housing bubbles in the world. This does not serve the Economist's constituent short sellers. More fundamentally, it betrays the establishment's blank slate of lessons learned from the past decade.
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Wednesday, February 20, 2013
Housing Market Bubbles - Time to Go Short, Here Come Those Experts Again / Housing-Market / Global Housing Markets
The February 2, 2013, edition of The Economist presented a rousing endorsement for Scandinavian living. ("Cecil Rhodes once said that 'to be born an Englishman is to win first prize in the lottery of life.' Today the same could be said about being born Nordic.") The front cover ("The Next Supermodel: Why the World Should Look to the Nordic Countries") followed by an editorial and a 14-page supplement, cited the authority of 37 experts. Nowhere did the esteemed magazine mention three of the largest housing bubbles in the world. This does not serve the Economist's constituent short sellers. More fundamentally, it betrays the establishment's blank slate of lessons learned from the past decade.
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Wednesday, February 20, 2013
Is There a Massive Bubble Brewing in Farmland? / Housing-Market / Farm Land
Jeff Uscher writes: It's little wonder that yield-starved pension funds and other investors are investing in farmland.
That's because farmland, a hard asset, produces high returns and, unlike other hard assets such as precious metals, provides investors annual income from crop sales.
The National Council of Real Estate Investment Fiduciaries (NCREIF) compiles data on the total returns (income and capital gains) on farmland purchased for investment purchases, primarily by pension funds looking for income and diversification.
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Wednesday, February 20, 2013
UK Mortgages Hit Lowest Interest Rates Ever! / Housing-Market / Mortgages
Fixed mortgage rates are dropping like stones, Moneyfacts research reveals. Rates started a slow descent shortly after the Government’s Funding for Lending Scheme (FLS) began last August and have picked up speed with new ‘best ever’ deals coming onto the market almost daily.
We are currently experiencing the lowest two, three and five year average fixed rate mortgages seen since their launch in 1989.
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Friday, February 15, 2013
An Alternative Way to Profit from Higher House Prices / Housing-Market / Housing Stocks
Sasha Cekerevac writes: With the recent data over the past few months showing home prices continuing to rise, many investors might believe they’ve missed the boat. The homebuilder stocks have seen a substantial increase in corporate earnings, resulting from higher home prices and elevated production levels; this has led to a massive increase in their share prices.
The market is a forward-looking mechanism. Investors predicted the increase in home prices that we are now witnessing and the resulting rise in corporate earnings in these homebuilder stocks.
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Friday, February 08, 2013
U.S. Housing Market Recovery Hits a Brick Wall / Housing-Market / US Housing
In 2005, a mania for residential real estate reached such a fever pitch that a series of cable television shows became entirely devoted to house "flipping."
Flipping involves buying a worse-for-wear house, making the minimum repairs necessary, then turning right around and selling it - ideally for a fast and handsome profit.
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Thursday, February 07, 2013
China Unique Real Estate Opportunities / Housing-Market / China Housing Market
China is beginning to show renewed growth. (Read “China Showing Promise as Chinese Stocks Pick Up Steam.”). The country is driving stimulus spending and easy monetary policy to get its economy back on track and drive consumers to spend.
And while there was talk of an asset bubble in China’s housing market, I’d say that the short-term risk is high, but there’s also excellent long-term growth potential in the housing market.
Wednesday, February 06, 2013
U.S. Housing Market Bubble Threat Means Sell These Stocks / Housing-Market / US Housing
The recent rumors of a housing bubble have chilled the recent rise in homebuilder stocks, which were one of the great stories of 2012.
They had underperformed badly for several years in a row as a result of the credit crisis. Foreclosures and other distressed properties were clogging the marketplace and there was very little demand for new homes. Many of the stocks were still losing money and almost all of the homebuilders traded for less than their book value.
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Tuesday, February 05, 2013
Signs of a New U.S. Housing Market Bubble? / Housing-Market / US Housing
Jeff Uscher writes: Investors have taken comfort from the recent improvement in housing prices seen across the country.
Shares of homebuilders, including Toll Brothers (NYSE: TOL), Lennar Corporation (NYSE: LEN) and the SPDR S&P Homebuilders ETF (NYSE: XBH), had been bid up late in 2012 and into January.
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Friday, February 01, 2013
What Housing Market Recovery? 10.7 Million Homes Still Have Negative Equity / Housing-Market / US Housing
As I have written in these pages recently, the housing market is still missing the most important part: first-time homebuyers. We have large institutions buying up homes in bulk transactions instead of a good old-fashioned housing recovery where actual home occupants fuel the recovery.
Financial institutions like The Blackstone Group L.P. (NYSE/BX) are eating up the supply of foreclosed and empty homes and driving prices higher in the housing market. Why are they doing it? Because these big funds can’t get better returns elsewhere. Stock market? It’s too high. Bond market? It doesn’t pay enough. “Better buy cheap houses and get tenant money,” seems to be the new thinking.