Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Sunday, July 28, 2013
Declare Detroit a Free City, Give Free Markets a Chance / Housing-Market / US Housing
By: MISES
Patrick Barron writes: We who advocate the free market as the sure path to peace and prosperity often hear that the US economy has to get much, much worse before any real reforms will be allowed. Why must we continue to wait before taking serious action to throttle back parasitic government? A common response is that we need to wait until things are so bad that no one will be able to deny that government is the problem and not the answer. Then even died-in-the-wool socialists will give the free market a chance.
Saturday, July 27, 2013
Return of the U.S. Housing Market Bust / Housing-Market / US Housing
By: Graham_Summers
Anyone who believes that housing is back in a big way needs to take a look at homebuilder stocks.
Here’s DR Horton (DHI) which is down over 30% from its recent highs.
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Friday, July 26, 2013
How Higher U.S. Mortgage Interest Rates Will Impact on Housing Market / Housing-Market / US Housing
By: Money_Morning
Gary Gately writes: Where will higher mortgage rates raise monthly mortgage payments most?
These three charts from the real estate site Zillow.com depict how higher mortgage rates will affect monthly mortgage payments in different markets throughout the United States.
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Tuesday, July 23, 2013
How Higher Mortgage Interest Rates Will Dent U.S. Housing Market Recovery / Housing-Market / US Housing
By: Money_Morning
Gary Gately writes: How much do higher mortgage rates reduce home sales?
That, of course, depends on how much rates rise and whom you ask. But there's no doubt higher mortgage rates hurt sales, experts say.
Interest rates have been climbing since May. Rates on 30-year, fixed-rate mortgages averaged 4.37% for the week ending July 18, Freddie Mac's weekly survey of conforming mortgage rates said. That's up more than a percentage point from early May.
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Saturday, July 20, 2013
Sheffield City Council Selective Licensing New 25% Landlord Tax to Trigger House Prices Drop? / Housing-Market / Sheffield
By: N_Walayat
Many of Sheffield's landlords are in uproar as the Council looks set to impose what amounts to an average 25% tax on the bottom end of the cities privately rented housing sector by means of a £1000 additional charge to existing fees on EACH property, given that such targeted properties would yield an annual rental income of between £300 and £400 per month, therefore this amounts to a tax of between 20% and 27% of a years rental income that wipes out most of the profit earned which will have the effect of triggering Landlords to rush to dump and avoid the bottom end of the rental sector which suggests an imminent temporary drop in house prices at the bottom end of the cities housing market, that would also suggest an opportunity for first time buyers this summer.
Wednesday, July 17, 2013
Big REIT Opportunities in the U.S. Housing Market Recovery / Housing-Market / US Housing
By: Money_Morning
Martin Hutchinson writes: If you listen to most pundits, you would think housing is on its way back.
But I don't listen to people. I do my own research and make up my mind.
And what I've found is that this housing rally is a double-edged sword. But if you're smart you take advantage of its potential while eliminating much of its real risks.
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Friday, July 12, 2013
Will the U.S. Home Mortgage Interest Deduction Vanish in 2013? / Housing-Market / US Housing
By: Money_Morning
Garrett Baldwin writes: In 2013, Congress is expected to explore a number of tax reforms in order to address staggering deficits and a crippling $17 trillion in debt owed by the Federal government.
No proposed tax reform will be more controversial this year than attempts to alter the Home Mortgage Interest Deduction (HMID).
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Sunday, July 07, 2013
The First Chinks in U.S. Housing Bull Markets Armor / Housing-Market / US Housing
By: DailyWealth
Steve Sjuggerud writes: My favorite idea for the last couple years has been U.S. housing...
The idea is simple. It's based on the fact that TWO once-in-a-lifetime things have come together. We're dealing with...
Wednesday, July 03, 2013
How to Profit from the U.S. Housing Market Recovery / Housing-Market / US Housing
By: Money_Morning
Gary Gately writes: Housing has rebounded in a big way.
Sales of new, single-family homes surged from April to May at the highest rate since July 2008 and by 29% over the previous year, while existing home sales reached the highest level since November 2009.
And home prices posted their biggest annual increase in more than seven years in May and are expected to continue rising, CoreLogic said Tuesday.
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Sunday, June 30, 2013
Panic in the Bond Market, Did Bernanke Just Kill the Homebuilders? / Housing-Market / Housing Stocks
By: Investment_U
Zach Scheidt writes: Stock prices for major U.S. homebuilders are under pressure as investors worry about higher interest rates. If you’re invested in these stocks, you should worry, too.
Fed Chairman Ben Bernanke indicated recently that the Fed will soon begin to reduce its $85 billion-a-month bond purchases, and end them all together by the middle of next year. The news sent shivers through the bond market, driving prices lower and pushing interest rates higher.
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Wednesday, June 26, 2013
Homebuyers in Bidding Wars - Why U.S. House Prices Have Been on a Tear / Housing-Market / US Housing
By: Money_Morning
Gary Gately writes:
In another sign the housing recovery is genuine, home prices soared the most in more than seven years in April in 20 U.S. cities.
The S&P/Case-Shiller index, released today, climbed 12.1% from April 2012, marking the biggest year-over-year increase since March 2006, and rose 2.5% from March to April.
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Monday, June 24, 2013
U.S. Housing Market Once in a Century Opportunity / Housing-Market / US Housing
By: DailyWealth
Steve Sjuggerud writes: The numbers just came out... and they're excellent...
The median existing home price is up 15.4% year over year... to $208,000. But even at these higher prices, homes are going fast...
The latest numbers show that houses are only on the market for 41 days before they sell, versus 72 days a year ago. (These numbers are nationwide medians.)
Friday, June 21, 2013
Did the Federal Reserve Just Kill the U.S. Housing Market Recovery? / Housing-Market / US Housing
By: InvestmentContrarian
George Leong writes: Get ready folks, the party in the housing market may be drawing to a close. Sure, the housing market has steadily improved—you can thank the Federal Reserve for that. But nothing lasts forever.
Just take a look at the steady rise in the 30-year fixed-rate mortgage rates after Federal Reserve Chairman Ben Bernanke suggested he might have to reduce his monthly bond buying—buying that helped to drive down lower-term financing rates.
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Wednesday, June 19, 2013
Reasons Why U.S. Housing Market Recovery is Genuine / Housing-Market / US Housing
By: Money_Morning
Gary Gately writes: The housing market recovery is for real this time. Coming after the housing market crash, the recovery is welcome news to those in the industry - and bodes well for the economy as a whole.
"It almost seems too good to be true," Lawrence Yun, the chief economist at the National Association of Realtors, told Money Morning.
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Tuesday, June 18, 2013
U.S. Real Estate Investing: Now Time to Take Advantage of the Current Buyer’s Market? / Housing-Market / US Housing
By: Don_Miller
While I spent well over three decades writing books and teaching the subject of negotiations, some of the best lessons I learned on the subject came from luck.
Many investment pundits recommend taking full advantage of the current buyer’s market in real estate. Lenders are foreclosing on many properties, often selling them at a loss. At the same time, many private sellers are listing their property on the market well below what they paid for it. This presents wonderful buying opportunities for those who can take advantage of them. If you are going to buy property, you want the best price you can get.
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Tuesday, June 18, 2013
U.S. Mortgage Interest Rates on the Rise; Repeat of Lead-Up to 2008? / Housing-Market / Mortgages
By: InvestmentContrarian
Sasha Cekerevac writes:One reaction that should not surprise long-term investors is that the market will move far quicker and further than most people expect. Even before the Federal Reserve has made any statement regarding the timing of reducing its asset purchase program, investors have already begun selling their fixed-income investments, which is causing yields to rise.
Saturday, June 15, 2013
U.S. Housing Market - Time to Buy a House? / Housing-Market / US Housing
By: Mike_Whitney
Anyone who buys a house in today’s market should be aware of the risks. They should know that current prices are not supported by fundamentals, but by unprecedented manipulation by the Fed, the Obama administration, Wall Street Private Equity investors, and the nation’s biggest banks. If any of these main-players withdraws or even reduces their support for the market (in other words, if the banks release more of their distressed inventory, if rates rise, if PE firms buy fewer homes, or if the Congress curtails current mortgage modification programs), housing prices will fall. Given the increasing volatility in global stock and bond markets in recent weeks–which is likely to intensify as the Fed implements its exit strategy from QE– interest rates will continue to fluctuate putting downward pressure on housing sales and prices. The impact the Fed’s policy will have on markets and the economy is unknown. The Central Bank is in uncharted water. That makes it a particularly bad time to buy a home. Caveat emptor.
Thursday, June 13, 2013
U.S. Housing Recovery Already Comes to an End? / Housing-Market / US Housing
By: Profit_Confidential
Michael Lombardi writes: The housing market simply isn’t improving at the rate many in the mainstream media are telling us.
Home prices are still significantly lower than what they were during 2005 and 2006. On its own, there is no housing market recovery. All we are witnessing is the mere reflection of easy money provided by our central bank.
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Thursday, June 13, 2013
U.S. Housing Market Potential for Catastrophic Losses for FHA / Housing-Market / US Housing
By: Money_Morning
Gary Gately writes:
Five years after the financial crisis, just about everyone has had to clean up their act.
Consumers have less credit card debt. Banks are stuffed with capital, prodded by the Federal Reserve. Even the federal deficit is shrinking.
But one federal agency seems to have resisted long-overdue change. It's the Federal Housing Administration or FHA.
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Monday, June 10, 2013
U.S. House Prices Accelerating, Fed Succeeding in Inflating New Ponzi Housing Market Bubble? / Housing-Market / US Housing
By: Nadeem_Walayat
The Fed's QE-Infinity money printing programme to buy mortgage backed securities and government bonds that is running at a monthly rate of $85 billion is succeeding in inflating another US housing market bubble as house prices surge by an annualised rate of 11% in March (28th May) with some cities such as Phoenix seeing house prices soar by an annualised rate of 20%.
Now whilst the title of this article may contain the word bubble, however understand this that we are in the very early stages of the housing bull market that follows on from the embryonic bull market of 2012 which has many years to run, so do not make the mistake that many market commentators are making in the wake of the latest data, those who never saw this bull market coming are busy already proclaiming it as bubble that is about to burst.
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