Category: US Housing
The analysis published under this category are as follows.
Friday, February 28, 2014
How to Profit from the Weakening U.S. Housing Market / Housing-Market / US Housing
By: DailyGainsLetter
John Paul Whitefoot writes: It doesn’t take much to get the bulls excited when it comes to the U.S. housing market. Solid new-home sales data seems to have erased everyone’s memory of the raft of negative housing market numbers that have been flowing in for months.
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Wednesday, February 26, 2014
Warren Buffett - What You Can Learn From My Real Estate Investments / Housing-Market / US Housing
By: John_Mauldin
It does not hurt to be reminded once in a while about what it means to be a “true investor,” and who better to remind us than Warren Buffett? Today’s Outside the Box comes to us from the pages of Fortune magazine (hat tip to my good friend Tom Romero of Capital Research Partners, who is a pretty fair investor in his own right).
Fortune seems to have had the inside scoop on Mr. Buffett’s pronouncements over the years. I still keep some old Fortune magazines with interviews of Mr. Buffett to remind myself about the basics. For whatever reason I was up at 5 o’clock this morning and began reading this piece, and it functioned just as well as coffee as a wake-up call.
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Saturday, February 22, 2014
U.S. Housing Market Mortgage Purchase Applications Running Out Of Time / Housing-Market / US Housing
By: PhilStockWorld
Courtesy of Doug Short: For 2013, one of the main stories in housing was the cool down in existing home sales numbers over the second half of the year, in spite of the relative strength in GDP.
What was the main reason for this? Follow the data and the answer appears. When interest rates spiked we did not see the mythical sideline home buyer rush to the market place. Rather what we saw was a collapse of the mortgage purchase application index.
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Friday, February 21, 2014
Why Analysts Can’t Just Blame the Weather for Poor U.S. Housing Market Numbers / Housing-Market / US Housing
By: DailyGainsLetter
John Paul Whitefoot writes: No matter where you turn, bad earnings or economic indicators are being blamed on the cold weather. Weak January car sales figures were blamed on the weather; disappointing January housing data was blamed on the weather; Wal-Mart Stores, Inc. (NYSE/WMT) revised its earnings guidance lower because of the weather; and even Panera Bread Company (NASDAQ/PNRA) says the cold weather negatively impacted its results.
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Monday, February 17, 2014
U.S. Housing Market Foreclosure Filings Jump as Investors Eye Exits / Housing-Market / US Housing
By: Mike_Whitney
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“Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.” -John Maynard Keynes, The General Theory of Employment, Interest and Money
Monday, February 03, 2014
U.S. Housing Market Flipped, Warped Distorted and Manipulated / Housing-Market / US Housing
By: James_Quinn
The report from RealtyTrac last week proves beyond the shadow of a doubt the supposed housing market recovery is a complete and utter fraud. The corporate mainstream media did their usual spin job on the report by focusing on the fact foreclosure starts in 2013 were the lowest since 2007. Focusing on this meaningless fact (because the Too Big To Trust Wall Street Criminal Banks have delayed foreclosure starts as part of their conspiracy to keep prices rising) is supposed to convince the willfully ignorant masses the housing market is back to normal. It’s always the best time to buy!!!
Wednesday, January 29, 2014
The “Vanishing” First-Time Home Buyer; What It Means for the U.S. Housing Market / Housing-Market / US Housing
By: DailyGainsLetter
John Paul Whitefoot writes: Ah, the U.S. housing market, the so-called silver lining in the U.S. recovery—but not for long, as it may be rusting. The U.S. housing numbers are in, and they aren’t spectacular.
In the U.S. housing market, December existing-home sales rose one percent month-over-month at an annualized pace of 4.87 million units. Analysts were expecting December existing-home numbers to come in at 4.93 million. The one-percent increase also has to be taken with a grain of salt, as it was helped, in part, by a downward revision in November existing-home U.S. housing market sales to 4.82 million units. (Source: “December Existing-Home Sales Rise, 2013 Strongest in Seven Years,” National Association of Realtors web site, January 23, 2014.)
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Wednesday, January 29, 2014
Is the U.S. Housing Market Recovery Fake? / Housing-Market / US Housing
By: DailyGainsLetter
Mohammad Zulfiqar writes: The U.S. housing market is facing issues that must be addressed. The reality of the matter is that home buyers are still missing from the market—these are the people looking to buy a home and stay in it for a long time. If home buyers don’t come back to the housing market, hopes for the increase we saw in home prices in 2012 and 2013 will diminish very quickly.
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Friday, January 24, 2014
Dissecting the U.S. Housing Market Bubble - When Will the Next Bubble Burst? / Housing-Market / US Housing
By: Mike_Shedlock
Today I am going to ask three simple questions that have easy to understand answers.
- What Causes Economic Bubbles?
- When Do Bubbles Burst?
- Can the Fed Prevent Bubbles?
Saturday, January 18, 2014
U.S. Housing Market Is Soaring... But There's Still Plenty of Upside / Housing-Market / US Housing
By: DailyWealth
Dr. Steve Sjuggerud writes: I had never bought real estate as an investment BEFORE the housing bust...
In short, I want INCREDIBLE value for my investment dollars... and I had never seen that before in U.S. real estate... until the Great Bust.
Then in 2008, near the bottom of the housing crisis, I wrote "The Housing Bust Is Over."
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Thursday, January 16, 2014
U.S. Housing Market Now Providing a Tailwind to Economic Growth / Housing-Market / US Housing
By: PhilStockWorld
Courtesy of Doug Short: While residential investment represents a small portion of gross domestic product (GDP), housing is perhaps one of the most cyclical sectors of the economy and tends to lead economic swings by months to years. As such, keeping a close eye on housing provides a valuable insight into future economic trends. While housing represented a major headwind to the economy after the housing bubble burst, as I show below, it is now providing a major tailwind instead.
Thursday, January 16, 2014
Get Ready for Subprime Mortgage Crisis 2.0, Collapse in U.S. Housing Market Coming... / Housing-Market / US Housing
By: Videos
Forget what you are hearing about stiffer mortgage lending requirements. It’s not true. Real estate expert Fabian Calvo says, “If you can fog up a mirror or you have a pulse, they will give you a home loan. That’s what they have done with the car loans, and that’s what they are doing with housing loans.” The so-called new rules do not have any down payment credit score requirement. Zero percent down loans are going to make a very big comeback. According to Calvo, “After the mid-term election, you’re going to see no-money-down loans just really roar back. It’s all part of the pump and dump I’ve been telling you about for well over a year.”
Tuesday, January 14, 2014
Five U.S. Housing Market Headwinds / Housing-Market / US Housing
By: Mike_Shedlock
Black Knight Financial Services, formerly LPS, released its latest Mortgage Monitor Forecast.
Key Highlights
- Mortgage originations are at the lowest levels in almost four years
- Prepayment/refi activity indicates another drop coming
- Higher interest rates slow refinance activity
- Quality of loans originated in 2013 have made it the best performing vintage on on record.
- Home equity originations are up significantly since a year ago: total HE lending is up 70%, while volume on 2nd mortgages has more than doubled
- Population of “refinancible” loans continues to shrink - Only 5.9M loans meet broadly defined criteria for refinancing, down 4M since December 2012.
- Delinquencies continue to rise among HELOCs that began amortizing
- High risk of “payment shock” in the coming three years
Tuesday, January 07, 2014
Trouble Ahead for the U.S. Housing Market in 2014? / Housing-Market / US Housing
By: Profit_Confidential
Michael Lombardi writes: Will the gains that the U.S. housing market made in 2012 and 2013 continue into 2014? As you’ll read below, the biggest threat to the housing market is moving in the opposite direction—against housing.
Sure, the Case-Shiller S&P Home Price Index, which tracks prices in the U.S. housing market, shows an overall increase of 13.6% in home prices in the first 10 months of 2013 (see the chart below).
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Sunday, January 05, 2014
U.S. House Prices Forecast 2014, 2013 Bull Market to Yield U.S. Economic Boom / Housing-Market / US Housing
By: Nadeem_Walayat
U.S. central bank rampant money printing has succeeded in inflating the US housing market far beyond anything that anyone could have imagined at the start of 2013, in fact a year ago the consensus view was that for U.S. house prices to end DOWN on the year, and such prevailing bearishness persisted in the mainstream press well into the middle of the year, instead as of writing the latest house prices data of 180.27 (SPCS10) published on 31st Dec 2013 for October 2013 puts U.S. housing market momentum at a high of 13.5% per annum as illustrated by the graph below:
Wednesday, December 18, 2013
A Property Bubble in the U.S. Housing Market? / Housing-Market / US Housing
By: DailyWealth
Dr. Steve Sjuggerud writes: I love it...
Many so-called "experts" are now worrying about a property bubble here in the U.S.
History says our opportunity in housing is still great. And all this bubble talk is way overblown. Let me explain...
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Wednesday, December 18, 2013
Will the U.S. Housing Market Tank Again? / Housing-Market / US Housing
By: Marty_Chenard
We discussed long term interest rates last week, but it is too important to ignore given the critical juncture the Federal Reserve is at now. (FYI ... there are 4 important charts posted below today that show long term interest rates, median income, and employment. Please be sure to see them.)
Tuesday, December 17, 2013
U.S. Housing Market Setting Up for Another Crash / Housing-Market / US Housing
By: EconMatters
All that Glitters, is not Gold
The housing market appears to be in better shape than it really is and investors should be wary regarding investing in Housing stocks, investing in property not as a primary residence, and should conduct a thorough analysis of their own financial obligations with regards to their primary residence.
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Thursday, November 28, 2013
U.S. Housing Market Losing Ground? / Housing-Market / US Housing
By: Carl_R_Tannenbaum
The Federal Reserve in its October policy statement viewed the housing sector as having "slowed somewhat." A quick run through the latest data confirms this diagnosis and offers some reasons for it.
The partial federal government shutdown had a very pronounced impact on the publication of home sales and housing starts reports, which have been delayed for quite some time. Home sales data for September and October will be published on December 4, while housing starts numbers for September through November are scheduled for December 18.
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Wednesday, November 27, 2013
Raging U.S. Housing Bull Market, House Price Inflation Breaks Above 13%, 2014 Outlook / Housing-Market / US Housing
By: Nadeem_Walayat
The latest U.S. house price data released yesterday for September shows U.S. house price inflation momentum has continued to soar to an annualised rate of more than 13% well beyond the expectations of even the few bullish market commentators at the start of the year, whilst the bears are left to wallow in a state of perma-tripe that continues to go completely contrary to what has actually been transpiring during 2013.