Category: US Housing
The analysis published under this category are as follows.
Wednesday, June 16, 2010
Worried About Stocks? The U.S. Housing Market Should Be Your Real Concern / Housing-Market / US Housing
By: Money_Morning
Shah Gilani writes: According to the latest reports on the U.S. housing market, the 96,400 homes hit with default notices last month were 7% less than in April and 22% less than in May 2009.
And that's not all. Foreclosure auctions were scheduled for the first time on 132,680 properties last month - 4% fewer than the month before and 16% fewer than in May a year ago, according to the Irvine, California-based RealtyTrac Inc.
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Tuesday, June 15, 2010
U.S. Housing Market Crash Next leg Down Signaled by Bulging Inventory / Housing-Market / US Housing
By: Mike_Whitney
Did the Federal Reserve collude with the big banks to hold millions of houses off the market until the Fed finished adding $1.25 trillion to the banks reserves? Did the Fed do this to make it appear that its bond purchasing plan (quantitative easing) was stabilizing prices when, in fact, it was the reduction in supply that stopped prices from plunging? It sure looks that way. This is from Bloomberg News:
Tuesday, June 01, 2010
Nothing Can Fix the U.S. Housing Market / Housing-Market / US Housing
By: Kevin_Duffey
The government could force mortgage rates across the board to 2%, it won’t matter. They can re-introduce a tax credit worth $15,000 for anyone buying a house, it still won’t matter. Don’t you get it? You can’t fix housing with artificial demand. Tell me where you can find enough buyers of homes that have money for a down payment and who can purchase a home without government incentives, and then have the job and income security to not be at risk of not being able to afford to live there.
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Saturday, May 22, 2010
U.S. Housing Market Foreclosures Menace, Woman’s Home Confiscated Over Small Water Bill / Politics / US Housing
By: Submissions
One raw day in early February, Vicki Valentine stood by helplessly as real estate investors snatched her West Baltimore home over what began with an unpaid city water bill of $362.
As snow threatened to fall, she watched a work crew hired by the new owners punch out the lock on her front door. A sheriff's deputy was on the scene while Valentine and her teenage son piled whatever they could into a borrowed car.
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Thursday, May 20, 2010
A Strategic Proposal to Combat Strategic Residential Housing Market Mortgage Defaults / Housing-Market / US Housing
By: Paul_L_Kasriel
More and more we are hearing that occupants of residential real estate with mortgages far in excess of the current market value of the real estate are choosing to default on those mortgages. It is not that they do not have the income to keep current on their principal and interest payments. Rather, they have made a calculation that it would take many years for the value of their properties to rise back to the amount outstanding on the mortgages of these properties.
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Tuesday, May 18, 2010
We're Not Out of the U.S. Housing Market Mess Just Yet / Housing-Market / US Housing
By: Dr_Jeff_Lewis
Perhaps more than stock and bond investors, precious metals investors must be privy to important macroeconomic indicators. Of the most important is money supply, followed immediately by lending and credit availability. These three factors all come together to establish how expensive or inexpensive paper currencies are and how silver and gold should be relatively priced to their paper counterparts.
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Tuesday, May 18, 2010
U.S. Housing Market New Home Construction Up, But Building Permits Drop / Housing-Market / US Housing
By: Mac_Slavo
In the not so bad news category, the government reports that the housing market is rebounding:
Sunday, May 16, 2010
What is The Fundamental Value of Housing? / Housing-Market / US Housing
By: Andrew_Butter
The spectre of housing bubbles is starting to raise its head again, along with discussions about what the central banks, regulators and/or governments should do about it.
House prices have been going through the roof in China, there is talk about a bubble in Australia and yet over there prices keep rising, Canadian house-prices are looking “toppy” and in Riyadh they are insane.
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Sunday, May 09, 2010
A "Lost Decade" Ahead For U.S. Housing Market / Housing-Market / US Housing
By: Mike_Whitney
In its effort to rescue the housing market, the Obama administration has created a Frankensystem which neither allows the market to clear nor solves the intractable social problems of lost equity and foreclosure. Obama needs to step-back and take a look at the mess he's made by following the advice of financial industry reps and bank lobbyists. Housing is in a shambles. The market is presently stitched together with buyer-assistance programs, loan modifications programs, new homebuyer subsidies, foreclosure abatement programs, principal reduction programs, historic low interest rates, "easy-term" financing, and government-backed loans.
Saturday, April 24, 2010
U.S. Housing Market Changes Opening Up Surprising Pockets of Investment Value / Housing-Market / US Housing
By: Mike_Larson
Boy did last week’s column prompt a lot of comments. And frankly I’m not surprised. Many people thought I was nuts when I called the housing market top in 2005. They simply didn’t believe my prediction that the market would crash, rather than gently level off.
Thursday, April 22, 2010
U.S. Housing Market is a Buy Says Rent Ratios, HAI and Cap Rates / Housing-Market / US Housing
By: Paul_L_Kasriel
In Wednesdays (April 21) NYT, David Leonhardt writes that rent ratios - the market price of a house divided by the annual rent of a comparable house - are suggesting that in many regions of the country, the purchase of a house makes more economic sense than renting a comparable house (In Sour Home Market, Buying Often Beats Renting).
Sunday, April 18, 2010
U.S. Housing Market Crash Update, There's A World of Pain Ahead / Housing-Market / US Housing
By: Mike_Whitney
The brief period of stabilization in housing appears to be over and the next leg-down has begun. Mortgage rates are edging higher, foreclosures are on the rise, and the government programs that supported the sector, are being phased out. The uptick in bank-owned properties (REO) is adding to surplus inventory and pushing down prices. Read full article... Read full article...
Saturday, April 17, 2010
Financial Regulators and Insiders had Foreknoweldge of the U.S. Housing Bubble / Housing-Market / US Housing
By: Washingtons_Blog
Greenspan and many other bankers, regulators and industry insiders say that "no one could have known" that we were in a housing bubble.
Friday, April 16, 2010
How to Sell Your House, Lessons for Today’s U.S. Housing Market / Housing-Market / US Housing
By: Mike_Larson
By now you should know I believe the biggest story for the capital markets is no longer housing. It’s interest rates.
But that doesn’t mean I’m ignoring the housing market. Far from it. Heck, you could say I’m more interested in housing than ever before for a simple reason: I have a home to sell!
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Friday, April 16, 2010
Anatomy of a Housing Market Crisis / Housing-Market / US Housing
By: Sol_Palha
"A fool despises good counsel, but a wise man takes it to heart." ~ Confucius, BC 551-479, Chinese Ethical Teacher, Philosopher
Freddie and Fannie certainly had a large role to play in the housing crisis and many may claim that they were the main contributors of the housing crisis which eventually resulted in a market meltdown. Before we proceed let's get some background info on these two chaps.
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Friday, April 16, 2010
U.S. Housing Market Debt, The Government’s Loan Mod Bizarro World / Housing-Market / US Housing
By: Tim_Iacono
Just when you think that the statistics can’t get any worse for the graduating class of the Obama Administration’s Home Affordable Modification Program, they do. Otherwise known as HAMP, this program is apparently designed to convince people who really can’t afford their current debt load that they really can.
Friday, April 02, 2010
U.S. Commercial Property Market BubbleOmics / Housing-Market / US Housing
By: Andrew_Butter
Some folks made a fortune after the S&L buying up commercial property for a song, tidying it up, holding it for a few years and then cashing out.
Will history repeat itself?
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Friday, April 02, 2010
The U.S. Housing Real Estate Bubble the “Experts” Missed / Housing-Market / US Housing
By: Mike_Stathis
When many people mention the collapse these days, the most common response I've heard is "everyone knew it was coming." Perhaps you've heard the same.
This just goes to show you that the mind can play tricks on people when time has passed.
Thursday, April 01, 2010
More Financial Bubbles Ahead in the US Housing Market / Housing-Market / US Housing
By: Bob_Chapman
Bubbles have a hard time coming to an end, especially in residential real estate. Underlying forces such as government intervention to prolong the agony and the abject stupidity of builders extends the bubbles.
Monday, March 29, 2010
Feeble New U.S. Housing Market Rescue Plan Not Enough / Housing-Market / US Housing
By: Sy_Harding
Historically, the two main driving forces for the economy have been the housing and auto industries. Whether the problems were rising interest rates that affected their sales, or bursting bubbles that scared consumers, economic slowdowns usually began with problems in the housing and auto industries, and the first signs of recovery were usually seen in the same two industries. The historical pattern has continued this time around.