Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Wednesday, July 21, 2010
Ponzi Shark Loans Fuel China's Housing Market Bubble That's Going Bust / Housing-Market / US Housing
By: Mike_Shedlock
China's property bubble is now on the verge of collapse. Transaction volumes are significantly down and declining volume is how property bubbles always burst. In simple terms, the pool of greater fools eventually runs out.
In China's case, the pool of fools is heavily involved in "loan shark" schemes where speculators hope property values rise fast enough to cover the interest.
Tuesday, July 20, 2010
How to Get a 20% Discount on a Florida Mansion / Housing-Market / US Housing
By: DailyWealth
Steve Sjuggerud writes: For the last two months, a man has stood on the corner of the busiest intersection in the Florida beach town where I live, holding up a five-foot high placard and waving to passing motorists. He's advertising a beachfront mansion with nine bedrooms and nine bathrooms for sale at $2.2 million.
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Tuesday, July 20, 2010
Are Increased Bank Mortgage Market Margins Here to Stay? / Housing-Market / Mortgages
By: MoneyFacts
Fixed mortgage rates continue to fall as lenders try to tempt borrowers off record low variable deals.
While borrowers are benefiting from the lowest rates in seven years, lenders are continuing to take record margins.
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Thursday, July 15, 2010
FSA Proposes to Ban High Risk UK Self Certified Liar Mortgages, Housing Market Impact / Housing-Market / UK Housing
By: Nadeem_Walayat
The FSA has announced a crackdown on high risk mortgages as data shows that self certified loans still amount to over 40% of all mortgages, which is at a similar percentage level to the pre housing market crash days. Self certified mortgages as the the name suggests are mortgages where borrowers are not asked to provide proof of stated earnings and which are commonly termed as liar loans in the U.S. that led to the subprime mortgage market boom and bust.
Friday, July 02, 2010
UK House Prices, Unemployment and Claimant Count Impact Trend Analysis / Housing-Market / UK Housing
By: Nadeem_Walayat
UK unemployment is set to rise as a consequence of deep spending cuts and tax rises that target an annual £113 billion withdrawal from the economy by 2015-16, which according to the ConLib governments own figures will result in 1.3 million job losses comprising of 600k public sector and 700k private sector jobs. This analysis seeks evaluate the likely impact of unemployment trends against house price trends.
Thursday, July 01, 2010
Hooray for Falling U.S. Real Estate Prices / Housing-Market / US Housing
By: LewRockwell
Jeffrey A. Tucker writes: Pittsburgh is a town that makes me want to rhapsodize like a Randian. Its skyline, the materials and shapes that make up the structure of the city, celebrate man's creative genius in every way. It is more beautiful than the most cultivated garden because it is a picture of order out of chaos and all directed toward the betterment of society.
Thursday, July 01, 2010
U.S. Housing Market Wobbling without Tax Credit Crutch / Housing-Market / US Housing
By: Money_Morning
Don Miller writes: The housing market has struggled to rebuild since its 2007 collapse, and its recovery is on even shakier ground now that a tax credit for first-time homebuyers has expired.
Wednesday, June 30, 2010
Defending the Slum Landlord / Housing-Market / Economic Theory
By: MISES
Walter Block writes: To many people, the slumlord — alias ghetto landlord and rent gouger — is proof that man can, while still alive, attain a satanic image. Recipient of vile curses, pincushion for needle-bearing tenants with a penchant for voodoo, perceived as exploiter of the downtrodden, the slumlord is surely one of the most hated figures of the day.
Tuesday, June 29, 2010
UK Buy-to-Let Housing Market Sector to be Hit by Housing Benefit Cuts / Housing-Market / UK Housing
By: Nadeem_Walayat
The ConLib coalition government's emergency budget intention is to lower the cap on housing benefit payments from £1000 to £400 per week (£20,800 per year) in an attempt to address the rampant and out of control fraud that takes place that runs in the several billions per year which is likely to hit the buy-to-let sector as the £400 weekly cap will force landlords to cut rents charged and thus act as a disincentive to invest in the buy to let sector.
Tuesday, June 29, 2010
U.S. Housing Bear Market Second Down Leg Closer Look / Housing-Market / US Housing
By: John_Mauldin
Quickly, I will be on Larry Kudlow's show tonight (Tuesday, June 28), which is at 7 pm Eastern. Larry has promised that we will spend some quality time on some of the current issues facing us. See you there! And now, let's jump in to this week's Outside the Box.
Last January 2009, the Outside the Box featured FusionIQ's quant models that blend both fundamental and technical metrics to determine the strength of 8,000 equities as well as the overall markets ( Trading With the Big Boys).
Monday, June 28, 2010
We're Nowhere Near the End of the Real Estate Houisng Bear Market / Housing-Market / US Housing
By: DailyWealth
"Can I see a list of foreclosures, please?"
I was talking to a friend with close contacts in the real estate industry. He said right now, people walk into real estate agencies with only one thing on their minds: buying foreclosures.
Friday, June 25, 2010
U.S. Housing Market Shortage Coming, Now in the Best to to Buy, Inane Thoughts? / Housing-Market / US Housing
By: Mike_Shedlock
Housing bulls are coming out of the woodwork just as housing is about to collapse for the second time.
New Home Sales at Record Low
Housing sales, housing starts, and mortgage refinancings have all collapsed along with the expiration of home-buyer tax credits.
Friday, June 25, 2010
Lousy U.S. Economy Pulling Rug Out From Under Housing Market / Housing-Market / US Housing
By: Mike_Larson
Heads up, folks! It’s time for a very important housing market update from the front lines.
More than a year ago in these cyberpages, I told you that housing was stabilizing. All my indicators pointed to an improvement in conditions — less deadweight inventory on the market … increased sales rates … stabilization in pricing.
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Thursday, June 24, 2010
U.S. Home Sales Take a Big Hit / Housing-Market / US Housing
By: Mac_Slavo
For more evidence of the current deflationary trend look no further than the real estate market.
Thursday, June 24, 2010
FOMC Statement and U.S. Housing Market Post Tax Credit Fundamentals / Housing-Market / US Housing
By: Paul_L_Kasriel
FOMC Statement “… low levels of the federal funds rate for an extended period.” - No big surprises from the FOMC today. The committee's economic outlook was marginally downgraded and its financial conditions outlook was more substantially downgraded. To wit, "Financial conditions have become less supportive of economic growth on balance, largely reflecting developments abroad." And, oh yes, "Bank lending has continued to contract in recent months." The fact that KC Fed President Hoenig dissented about the "extended period" language also was no surprise, but of no significance either.
Wednesday, June 23, 2010
Little Surprise in U.S. Housing Market's Dive / Housing-Market / US Housing
By: Andy_Sutton
Wall Street doubled over in anguish today as the latest numbers on existing home sales hit the news wires. I must say that I am totally confused as to why the decline was any kind of surprise, however. The mainstream press dutifully expressed every emotion from grief to even outrage as the number was reported and analyzed.
Tuesday, June 22, 2010
Here Comes the U.S. Housing Market Double Dip / Housing-Market / US Housing
By: Justice_Litle
The housing market double dip is coming... along with an unpopped Australian bubble just waiting to burst.
Remember when "safe as houses" was a legitimate expression? Now it's a bit of an ironic joke. What counts as no joke at all, however, is the chaos investors will face when the second wave of housing market turmoil hits.
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Monday, June 21, 2010
UK Mortgage Interest Rates At 7 Year Low / Housing-Market / Mortgages
By: MoneyFacts
The average rate on two year fixed rate mortgages has fallen to 4.52%, its lowest level since September 2003, when the average stood at 4.51%.
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Sunday, June 20, 2010
Florida Real Estate Prices: Guess Which Direction This Chart Will Go / Housing-Market / US Housing
By: Mac_Slavo
The US real estate market all but fell off a cliff two years ago. Though there has been a very minor recovery, or rather, stabilization, in home prices, we recently pointed out that it makes sense to be gloomy.
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Thursday, June 17, 2010
Will China Housing Market Follow the U.S. In a Mortgage Bust? / Housing-Market / China Economy
By: Hans_Wagner
As the second largest global economy and one that is growing in the high single digits to low double digits, how China goes so goes the global recovery. A property boom is helping to fuel the Chinese economy. Some analysts claim many new Chinese property owners are encouraged to take out mortgages to buy a home that they can ill afford. Sound familiar? Is China following the U.S.’s example, issuing mortgages that they can cover? If this is true it will bring down the rapid growth of China and the rest of the world suffer. After all China is the economic engine for the global growth story.