Category: US Housing
The analysis published under this category are as follows.Thursday, June 06, 2013
Best Explanation for the Fake U.S. Housing Market Recovery / Housing-Market / US Housing
Michael Lombardi writes: The average American Joe isn’t participating in the U.S. housing market. As a matter of fact, according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, investors purchased 69% of “damaged” properties in April 2013, while first-time home buyers accounted for only 16% of “damaged” purchases.
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Friday, May 31, 2013
The Great Reflation of the U.S. Housing Market / Housing-Market / US Housing
This week economists, investors and politicians were treated to some of the "best" home price data since the frothy days of 2006 when home loans were given out like cotton candy and condo flipping was a national pastime. The Case-Shiller 20 City Composite Home price index was up a startling 10.9% for the 12 month period ending in March. Prices in all 20 cities were up, with some (Las Vegas, Phoenix, and San Francisco) notching gains of more than 20%. Meanwhile the National Association of Realtors announced that April pending home sales volume reached the highest level in nearly three years.
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Thursday, May 30, 2013
Is Real Estate Ever a Wise Investment for Retirees? / Housing-Market / US Housing
At one point in my life you might have heard me say something like, “I’ve probably made more money in real estate by accident than I have in the market on purpose.” For many years, you could buy good-quality property, as much as you could afford, and you were almost guaranteed to make money. That ended in 2008. Now folks are looking for bargains, hoping to profit from the crash.
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Wednesday, May 29, 2013
Chinese Sovereign Fund Shifts Focus to U.S. Real Estate / Housing-Market / US Housing
Sasha Cekerevac writes: One of the biggest fears for investors is to buy at the top of any market. This is a natural reaction because most of us were taught since childhood to do the opposite. For example, my parents always emphasized the importance of buying products when they’re on sale.
Some people view the significant rise in home prices with apprehension, believing that these prices have risen too far. While it is true that home prices have risen substantially, as long as interest rates remain low, there is potential for further capital appreciation.
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Wednesday, May 29, 2013
What U.S. Housing Market Recovery? Percentage of First-Time Home Buyers Falls Again / Housing-Market / US Housing
Michael Lombardi writes: It’s almost as if the mainstream media is defining the U.S. housing market as being “hot,” while some economists are calling for robust growth ahead. But the reality is that we are far from a recovery in thehousing market and more troubles could follow.
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Saturday, May 25, 2013
The Best Way to Play the Rebounding U.S. Housing Market / Companies / US Housing
Zach Scheidt writes: The U.S. is in the midst of a robust housing recovery.
There’s no denying it… The evidence has been mounting for several quarters now. Home prices are on the rise and the number of distressed houses on the market is dropping steadily. In some key real estate markets, there are even reports of shortages of available homes on the market.
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Friday, May 24, 2013
U.S. Housing Market Important Data that Financial Media Ignored / Housing-Market / US Housing
Wednesday was a wild trading session where we saw the largest intraday selloff in the S&P 500 E-Mini futures that we have seen in some time. Intraday price action was driven largely by statements made by Chairman Bernanke and the release of the Federal Reserve Meeting Minutes which saw some monster intraday moves and a large spike in the Volatility Index (VIX).
While the world is focused on when the Federal Reserve is going to taper their Quantitative Easing program and the impact those actions will have on financial markets, I wanted to look at another divergence in the economic data which is supported by market action.
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Monday, May 20, 2013
The Best U.S. Housing Market Stocks to Buy / Housing-Market / US Housing
Tim Melvin writes: In New York City last week investors from around the country gathered for the Ira Sohn Conference to pitch their lists of the best stocks to buy in 2013.
One of the more interesting presentations this year featured Steve Eisman of Emrys Partners, who gave a presentation that was very bullish on the prospects for the U.S. housing market.
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Monday, May 13, 2013
Sign of Another U.S. Housing Market Bubble? / Housing-Market / US Housing
All you have to do is look at a price chart of Lennar Corp (NYSE: LEN) to see the proof that the U.S. housing market is on the mend.
Since January 2012, shares of the Miami, Fl.-based new homebuilder have more than doubled.
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Friday, May 10, 2013
What Every Home Buyers Need to Know About the U.S. Housing Market / Housing-Market / US Housing
The U.S. housing market's recovery is gaining momentum, but there are still a number of issues for homebuyers to be cautious of.
To get to the bottom of what's really going on in the housing market, we talked to Gerri Willis, author of "Home Rich" and host of FOX Business Network's The Willis Report (6 p.m. weekdays), about the key things homebuyers need to know in today's challenging market.
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Wednesday, May 08, 2013
Is the U.S. Housing Market Shortage Just a Mirage? / Housing-Market / US Housing
John Whitefoot writes:Thanks to the near-record-low interest rates, many Americans are ready to jump back into the housing market. Unfortunately, many are running into one obstacle—there aren’t enough homes for sale. That’s a good sign, though! After all, a leading indicator of economic growth is a healthy housing market, and a lack of housing should mean that builders can’t keep up with demand.
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Tuesday, May 07, 2013
Another U.S. Housing Market Crisis on the Horizon? / Housing-Market / US Housing
George Leong writes: Home prices are heating up, as the flow of new homes and permits continue to steadily increase and the attraction of historically low mortgage rates motivates buyers.
The buyers that are driving up the housing market are not only the buyers of principal homes, but also the investors who are attracted to the relatively lower home prices and cheap financing.
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Sunday, May 05, 2013
U.S. Housing Market Shell Game - Prices Up Ownership Down / Housing-Market / US Housing
Why are housing prices rising when the homeownership rate has dropped to its lowest level in 18 years?
Actually, it’s not as confusing as it sounds. The Fed’s low interest rates have triggered a flurry of home buying by Private Equity firms and other speculators which has reduced already-tight supply and pushed up prices. Of course, there is a downside to all this speculation, which is that real, “organic” demand from ordinary working people looking for a place to live, has dropped off sharply. That’s why the homeownership rate is in the dumps. It’s also why existing homes sales declined 0.6 percent in March and “the volume of purchase applications is at levels last seen in 1998″, because as prices edge higher, more people are opting to rent rather than own. Who can blame them?
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Friday, May 03, 2013
The 10 Best U.S. Housing Markets 2013 / Housing-Market / US Housing
Ben Gersten writes: The percentage of Americans optimistic about the U.S. housing market has reached levels not seen since rumblings of the financial crisis began.
A new Rasmussen Reports national survey found 37% of homeowners believe the value of their home will increase in the next year - thehighest since September 2008.
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Friday, May 03, 2013
Lumber Sales Forecasting Stronger U.S. Housing Market / Housing-Market / US Housing
Mitchell Clark writes: Reflecting the strength in the U.S. housing market, Weyerhaeuser Company (NYSE/WY) reported very good financial results in its first quarter.
The company’s 2013 first-quarter revenues leapt to $1.95 billion, way up from $1.49 billion in the same quarter last year, on solid demand from all its business lines.
Sunday, April 28, 2013
Own or Rent Your Home - The Cost of Posession / Housing-Market / US Housing
Mark Ford writes: In the mid-1980s, a few years after I "decided to be rich," I bought my dream house. It was a 4,000-square-foot chateau-styled, custom-built, five-bedroom home in a very nice gated neighborhood called Les Jardins in Boca Raton, Florida.
The cost of the house was about $600,000 – more than I ever imagined I could afford. But thanks to the success of a business I had started, I had socked away about $125,000. That was enough to cover the down payment and closing costs.
Friday, April 26, 2013
Investing in Housing Market REITs Instead of Property: Our Pick / Housing-Market / US Housing
I get a lot of questions from readers about holding real estate as an investment. Indeed, many are in response to another newsletter editor who was recently advocating that the only way for retirees to make decent income was to own property.
Personally, I wouldn’t hold physical property in our portfolio for three reasons.
First, it’s very illiquid; that makes it an instant failure on our Five-Point Balancing Test.
Second, you won’t get yield from a property for three to five years, but will instead pay to own it.
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Sunday, April 21, 2013
Tax "Loophole" That Will Help You Pay for Your Dream Vacation Home / Housing-Market / US Housing
Dr. David Eifrig writes: I bet you've never heard of this...
It's a special government loophole... that allows you to earn extra cash, totally tax-free. It's 100% legal and simple to use. It can even help you pay for a dream vacation home.
Thursday, April 18, 2013
Safer Way to Get Exposure to U.S. Housing Market / Housing-Market / US Housing
George Leong writes:
I’m talking about the housing market and the continued recovery taking hold. The housing market is well off its early 2009 lows and is striving higher on the chart.
The number of foreclosures across America is declining, and this is a good sign, as a high foreclosure rate tends to place downward pressure on home prices.
Thursday, April 04, 2013
Is Wall Street Creating Another U.S. Housing Market Bubble? / Housing-Market / US Housing
Shah Gilani writes: Where there's smoke there's fire.
When it comes to rising home prices, the question is whether the on-fire price increases are a healthy sign of a housing recovery or a smoke screen masking another investor-led real estate bubble.
The answer is it's both.
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