Category: US Housing
The analysis published under this category are as follows.
Sunday, February 24, 2008
Proposal for a Depreciating US Housing Market Environment / Housing-Market / US Housing
By: Wall_Street_Weather
Being “upside down” is the term for when a borrower owes more on a car than the car is worth. Cars have always been a depreciating asset, but real estate has not been viewed in the same way. That is about to change.Read full article... Read full article...
Friday, February 15, 2008
What the Government Should Do About the US Housing Bust / Housing-Market / US Housing
By: Money_and_Markets
Mike Larson writes: I told you it was coming. And there it was yesterday — summarized perfectly in the second headline of the Wall Street Journal's website: “Worried Bankers Seek to Shift Risk to Uncle Sam.”
The gist of the story?
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Thursday, February 14, 2008
Sell Your Real Estate Immediately! - Asset Price Deflation Crash! / Housing-Market / US Housing
By: Steve_Moyer
"I always felt very secure and very safe with real estate. Real estate always appreciates." ~ Ivana Trump
Before we begin our next hair-raiser, I notice a lot of people scratching their heads as global stock markets decline in the face of a "strong global economy." What you are seeing is the "pricing in" of approximately $2 trillion of lost homeowner equity in the U.S. (soon to be $3 trillion, then $4 trillion and so on). And it's only a matter of time before that equity squeeze wreaks havoc across the economic board and takes down the stock market and commodities, too. Picture a five year old trying to beat back an elephant with a Wiffle bat -- eventually that will be the metaphor for a declining global economy trying to chase from the living room the growing, immovable force that is asset deflation.
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Tuesday, February 12, 2008
US Housing Indexes Bounce From Key Support, Bottom of the Housing Bust? / Housing-Market / US Housing
By: Donald_W_Dony
After 30 months of plunging lower, several leading indicators of the U.S housing sector have finally found a narrow ledge to support their falling prices. Now the most important question is; can these past support levels be broad enough to hold the frail U.S. housing market indexes or is this just a short-term stop on the way down? Read full article... Read full article...
Wednesday, February 06, 2008
US Housing Bust Heading for the Perfect Storm / Housing-Market / US Housing
By: Mark_B_Rasmussen
The following data on the Housing Depression in the City of Reno illustrates that the Peak was 30 – 31 months ago. The historical peak to trough real estate value is 46 months. Then again, the recent past has exceeded anything in history by several orders of magnitude.
For washoe county, there were 69 bank flreclosures for the entire year 2006, 100 for december 2007 and 204 for january 2008.
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Monday, February 04, 2008
US Interest Rate Cuts Will Not Help Falling House Prices / Interest-Rates / US Housing
By: Money_and_Markets
Mike Larson writes: The Federal Reserve stepped up this week and gave Wall Street what it wanted — another half-percentage point cut in interest rates. That brings the federal funds rate down to 3%, the lowest level since the middle of 2005.
Today I want to take a closer look at the Fed's action, to find out what it will — and won't — do. Let's start with ...
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Thursday, January 31, 2008
US Homebuilders Stocks Bullish Pattern Developing / Housing-Market / US Housing
By: Mike_Paulenoff
Let's have a look at the near term pattern development in the XHB (Homebuilders ETF), which is being led by components PHM, HOV, DRI, HD, KBH... all of which have very dynamic chart formation after an entire year (or more) of relentless weakness.Read full article... Read full article...
Monday, January 28, 2008
US Homebuilders (XHB) ETF Rally Set to Resume / Housing-Market / US Housing
By: Mike_Paulenoff
Let's take a look at the developing pattern in the Homebuilders ETF (AMEX: XHB), as some of its components, like PHM, DHI, NVR, RYL, HD exhibit charts with meaningful upside technical potential.Read full article... Read full article...
Monday, January 07, 2008
US Real Estate's Deflationary Collapse: Beware the Falling Knife! / Housing-Market / US Housing
By: Steve_Moyer
"Dear Steve,
I want to thank you for your takes on the economy and for telling me what was going to happen. It got me started listening and reading and that has made a big difference in what I invested in. While a lot of people are in shock about what is happening, I see it unfolding just as you said and I have been careful about my investments. Not only that, it's happening pretty much as you said it would.
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Monday, January 07, 2008
US Housing Market Forecast 2008 / Housing-Market / US Housing
By: Dr_Housing_Bubble
Firstly, Dr. Housing Bubble 1 Million Visitors! 200th Housing Post. If you were to ask me in September of 2006 if I would still be blogging, the answer would have been no. From multiple estimates, there are approximately 50 million to 70 million blogs out there. It seems like there is a bubble in blogs! Many blogs do not survive past a few months because it does take commitment and a solid readership.Read full article... Read full article...
Thursday, January 03, 2008
Fed Won't Save the US Housing Market 2008 / Housing-Market / US Housing
By: Michael_Pento
Investors are anticipating that the Fed will continue its easy money policy into 2008, which is expected to relieve credit markets. As a result, the 10-year Treasury note yield has fallen to 4.02% from a high of 5.25% reached in the summer of last year. And as evidence that the fear among banks is easing, LIBOR spreads have narrowed-- although it is still well above the historical average as well as the lows seen in July of 2007. Many now believe that the Fed, in conjunction with foreign central banks, will rescue the consumer and allow the U.S. to avoid a recession.Read full article... Read full article...
Thursday, December 27, 2007
Falling US Home Prices and Frozen Interest Rates / Housing-Market / US Housing
By: Peter_Schiff
The Bush administration's mortgage rescue plan will worsen, not alleviate, the problems in the housing market.
We are suffering from a home value crisis, not simply a credit crisis. If home prices were still rising, defaults would be low, investment returns would be high, borrowers would still be cashing out equity, and lenders would be showering credit on home buyers.
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Monday, December 10, 2007
Homebuilders ETF Hurdles Above Resistance / Companies / US Housing
By: Mike_Paulenoff
During the past three sessions, the Homebuilding Sector ETF (AMEX: XHB) has broken and sustained above its 9, 20 and 50 DMA, and has hurdled its May-Dec resistance line. This is impressive action, and has inflicted meaningful damage to the heretofore dominant multi-month downtrend. On one hand, I should have established a new long position last Thurs or Fri, but on the other hand until I actually see the ability of the XHB to break key near-term resistance and sustain above those levels, I decided to take the prudent "show-me" approach. So far so good.Read full article... Read full article...
Monday, December 10, 2007
Fed US Interest Rate Cut Tomorrow: Too Little, Too Late / Housing-Market / US Housing
By: Money_and_Markets
Martin Weiss writes:When Dad and I gave our last seminar together, the median price of a new home in the U.S. was under $140,000.
To buy one, you had to put 20% down.
No one had heard of option mortgages, no-doc mortgages or companies like Countrywide Financial that created them.
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Sunday, December 09, 2007
US Housing Subprime Mortgage Rescue Plan Specifications / Housing-Market / US Housing
By: Money_and_Markets
Mike Larson writes: By now, you've probably heard of what I'm calling the "Paulson Plan" — a federal government proposal to ease the pain of the housing and mortgage market collapse. President Bush and Treasury Secretary Henry Paulson held press conferences to highlight the key points yesterday.
I'll be discussing it on CNN's "Open House" show this weekend [Editor's note: 9:30 A.M. Saturday on CNN and 3:30 P.M. EST Saturday and Sunday on CNN Headline News]. But first, I wanted to share my thoughts with you.
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Friday, December 07, 2007
Subprime Mortgage Bailout is the Mother of all Bad Ideas / Housing-Market / US Housing
By: Peter_Schiff
Without question, the Bush administration's mortgage rescue plan will exacerbate, not alleviate, the problems in the housing market. As the plan will sharply reduce the ability of new buyers to make purchases, it really amounts to a stay of execution and not a pardon. Read full article... Read full article...
Wednesday, December 05, 2007
HOPE For the US Housing Subprime Mortgage Credit Crunch Victims / Housing-Market / US Housing
By: Adrian_Ash
"...What a difference lies between .org and .com on a website address..."
HOPE NOW is a British-based charity, founded in 1985 to spread the good news of Jesus Christ, working primarily in the former Soviet state of Ukraine .
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Monday, December 03, 2007
US Housing Slump 2008... DEEPER, DARKER, SCARIER! / Housing-Market / US Housing
By: Dr_William_R_Swagell
The (spreading sub-prime) mortgage hole is worse than anyone saw. It is deeper, darker, scarier… (banks) are now looking at new reserves …my sense…is they don't have a clear picture of how this will play out …confidence is low.” ( Tony James, Blackstone Group.)Read full article... Read full article...
Friday, November 30, 2007
US Housing Market Crash Can't Find A Floor! / Housing-Market / US Housing
By: Money_and_Markets
Mike Larson writes: Every month, I get asked if there's any evidence whatsoever of a turnaround in the housing industry. So far — every month — I've had to emphatically say "NO."
And I'm going to give it to you straight about the numbers that were just released: They are some of the worst I've ever seen.
Here's what happened for the month of October ...
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Sunday, November 18, 2007
Buyers Disappear From US Housing Market Fearing Further Falls in House Prices / Housing-Market / US Housing
By: Tim_Iacono
Yesterday, DataQuick released the Southern California real estate sales data for the month of October. For the first time since probably the mid-1990s all six counties show year-over-year declines in the median price led by Riverside County at -15 percent. Read full article... Read full article...