Category: US Housing
The analysis published under this category are as follows.Tuesday, January 15, 2013
Why It’s a “Fake” U.S. Housing Market Recovery / Housing-Market / US Housing
Michael Lombardi writes: Michael Lombardi writes: The U.S. housing market is becoming a main topic again in the mainstream media these days. I keep reading about how rising home prices will now get the U.S. economy going again.
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Tuesday, January 15, 2013
US Housing Bear Market Over? House Prices Forecast 2013-2016 / Housing-Market / US Housing
Has the US housing bear market ended ?
Follow the analysis to find out the answer including a detailed trend forecast covering over 3 years from 2013 to 2016.
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Saturday, January 12, 2013
U.S. Housing Real Estate Market House Prices Trend Forecast 2013 to 2016 / Housing-Market / US Housing
Following the peak of the over leveraged US housing market bubble late 2006, the real estate market literally crashed during 2007 triggering the financial crisis that has acted to subsequently feed a multi-year bear market as a consequence of the subprime mortgage debacle that was magnified globally via toxic CDO packages that literally risked the bankruptcy of the whole global financial system starting in June 2007 when Bear Sterns bailed out one of its hedge funds, within a year Bear Sterns would effectively go bust as JPM picked it up for about 5% of its peak value that acted as a prelude to what was yet to come during 2008 for the likes of Lehman's that prompted tax payer bailouts right across the globe to prevent financial armageddon as the too big to fail banks only slowly revealed the extent to their exposure to the toxic mortgage backed securities in what amounted to the greatest fraud in history as investors had been duped into buying junk that the credit rating agencies typically rated as Triple A for a fee.
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Friday, January 04, 2013
The Mortgage Forgiveness Debt Relief Act and Debt Cancellation / Housing-Market / US Housing
The Mortgage Debt Relief Act of 2007 is a temporary law that allows homeowners who have their mortgage debt reduced, either through restructuring, modification, short sale or foreclosure, not claim the forgiven debt amount as taxable income.
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Saturday, December 08, 2012
Will the U.S. Housing Market Recovery Continue? / Housing-Market / US Housing
Sasha Cekerevac writes: We have all heard the recent news that the housing market recovery is well on its way off the bottom. With home prices continuing to move up, many are questioning the long-term strength of the housing market. While there is no question that home prices have hit the lowest point and won’t return to those levels again, many are worried that they missed the housing market recovery, as prices have already risen significantly. I think there’s a few more years left for price appreciation in the housing market.
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Thursday, November 22, 2012
U.S. Housing Market Outlook 2013 / Housing-Market / US Housing
Sasha Cekerevac write: One of the most often talked about parts of the economy is the real estate market sector. Because real estate is such a large and important part of the economy, naturally, many eyes are focused on whether or not this market sector can and will rebound from its deep decline.
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Wednesday, November 21, 2012
The FHA Is Just Another Thanksgiving Turkey Whose Time Has Come / Housing-Market / US Housing
Shah Gilani writes: In 2008, when mortgage-backed securities bled rivers of red ink from the slaughtered subprime housing market, Fannie Mae and Freddie Mac rolled over dead in their tracks.
Then, government geniuses scrambled to fix the crisis by pushing forward another sacrificial turkey.
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Monday, October 29, 2012
Impact on U.S. Housing Market Demand of Boomerang Students Returning Home / Housing-Market / US Housing
According to a study by the U.S. Census Bureau Multigenerational households on rise in U.S.
More than 4.3 million, or 5.6 percent, of the 76 million family households in the U.S. today are multigenerational households, or families living together that include a grandparent, parent and children as well as other family members, according to a study by the U.S. Census Bureau's American Community Survey.
Wednesday, October 24, 2012
Protect Yourself from the U.S. Dollar Crisis With Land Investments / Stock-Markets / US Housing
Porter Stansberry writes: In the last three years, precious metals have soared.
They're soaring in response to a prediction I've been making since 2008 – that the U.S. government will do everything in its power to prevent a deflation in asset prices. This includes the shameless printing of dollars in order to prop up our rotted banking system... which is the plan, according to the Fed's most recent statement, out last month.
Saturday, October 06, 2012
The Truth Behind the U.S. Housing Market / Housing-Market / US Housing
With yet another month of data, we’re seeing the continued recovery in the housing market. Research firm CoreLogic, Inc. (NYSE/CLGX) just reported that August home prices were up 4.6% from a year ago. This big increase in year-over-year home prices is the largest in six years.
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Thursday, October 04, 2012
Ben Bernanke's Misguided Focus on U.S. Housing Market is Like a Bad Joke / Housing-Market / US Housing
Keith Fitz-Gerald writes: It's a little early for April Fools, but Ben Bernanke might just be a prankster at heart.
I say this because he recently told the Economic Club of Indiana in Indianapolis that the Fed's plans for QE3 would help create more economic activity and higher home prices. Then he added, almost as an afterthought, that this would help many more savers than it would hurt.
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Wednesday, September 26, 2012
Slowly Rising U.S. House Prices Positive for U.S. Economy / Housing-Market / US Housing
The Case-Shiller Home Price Index (HPI) of 20 metro areas rose 0.4% in July, marking the sixth consecutive monthly increase. An alternate price measure such as the CoreLogic Home Price Index shows almost a similar trend. However, it should be noted that these gains are occurring from extraordinarily low levels (see chart below) and the underlying trend is one of slight deceleration, which reduces the optimism rendered by the headline, somewhat.
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Thursday, September 20, 2012
US House Prices Bottom As BubbleomiX Predicted / Housing-Market / US Housing
Now The 1% Can Screw The 99%...Yippee!!It looks like US house prices have bottomed; this is the S&P Case-Shiller 20-City Index up to June 2012:
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Thursday, September 20, 2012
U.S. Housing Market Improvements Keep Trickling In / Housing-Market / US Housing
Housing market developments (starts and sales of existing homes) in August stand out amid a recent string of bearish economic reports. Builders broke ground for construction of new single-family homes at a brisk pace (+5.5%) in August. From a low of 478,000 starts in April of 2009, total housing starts have moved up 57%. Still, this is a long way from the historical high of 2.27 million units in January 2006.
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Monday, September 17, 2012
U.S. Housing Market Mortgage Rates Maintain Slow Decline Trend / Housing-Market / US Housing
Brent Wayne writes: Housing mortgage rates in September 2012 continue to maintain the slow decrease in rate amounts, maintain the historically low levels not seen for 60 years. Rates for a 30-year single detached house mortgage are being offered at an average 3.79 percent as of September 6, 2012. This low rate has held since May . Some loans are seeing 0.4 points added, but those with good credit are being offered the average rate without any major conditions.
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Sunday, September 09, 2012
U.S. Housing Market is the Most Awesome Opportunity in American History / Housing-Market / US Housing
Dr. Steve Sjuggerud writes: The situation we're facing today can be boiled down to a few very simple points... And the result is an awesome investment opportunity.
It is possibly the greatest investing opportunity in American history...
Sunday, September 02, 2012
How to Invest in the Resurgent U.S. Housing Market / Housing-Market / US Housing
While there are still many pockets of weakness in the housing market, there are now some positives beginning to emerge. We’ve seen plenty of companies reporting that the higher end of the housing market is certainly rebounding strongly. Last week, Toll Brothers, Inc. (NYSE/TOL) reported quarterly earnings that were the highest since 2008. The company’s CEO stated that it is currently seeing the most sustained demand since 2008.
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Thursday, August 23, 2012
Fixing the U.S. Mortgage Market Mess / Housing-Market / US Housing
Two landmark developments on August 16th give momentum to the growing interest of cities and counties in addressing the mortgage crisis using eminent domain:
(1) The Washington State Supreme Court held in Bain v. MERS, et al., that an electronic database called Mortgage Electronic Registration Systems (MERS) is not a “beneficiary” entitled to foreclose under a deed of trust; and
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Friday, August 17, 2012
U.S. Jobless Claims Analysis / Economics / US Housing
Initial jobless claims rose slightly (+2,000) to 366,000 during the week ended August 11. Distortions from summer auto plant shutdowns are in the past now, with the level of initial jobless claims now standing close to the levels posted in the early part of the year.
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Friday, August 17, 2012
U.S. Housing Market Starts Fall, Take Note of Composition / Housing-Market / US Housing
Housing starts fell 1.1% during July to an annual rate of 746,000. This level is about 56% above the low (478,000) registered in April 2009. In July, new home building activity advanced in the multi-family sector (+12.4%) but declined in the single-family sector (-6.5%). Despite these mixed numbers, as Chart 1 indicates, there is a steady but small upward trend of total housing starts in place, with most of the gain occurring since early-2011.
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