Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Friday, February 27, 2015
Foreign Real Estate Is the New Swiss Bank Account / Housing-Market / Global Housing Markets
By: Casey_Research
By Nick Giambruno
Financial privacy is essentially dead.
I think it’s only prudent to assume that sooner or later all the details of your financial life will come to rest in a government computer—if they haven’t done so already—and to plan accordingly.
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Friday, February 13, 2015
Swiss Franc Hurts Homeowners but Could Be a Boon for Investors / Housing-Market / Global Housing Markets
By: Money_Morning
Peter Krauth writes: When the Swiss National Bank de-pegged from the euro last month, the fallout was massive.
One dramatic example of its impact was that felt by Miami-based hedge fund manager Everest Capital. The firm's largest single fund lost nearly all its capital, $830 million in assets, thanks to heavy bets that the Swiss franc would decline.
Alpari UK, a foreign exchange broker, became insolvent. New York's FXCM Inc. (NYSE: FXCM), an online foreign exchange trading firm, got a $300 million lifeline from Leucadia National Corp. (NYSE: LUK).
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Thursday, February 12, 2015
A Tax "Loophole" That Will Help You Pay for Your Dream Holiday Home / Housing-Market / Buy to Let
By: DailyWealth
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.
This loophole is not for everyone. But if you qualify, you should start collecting this income right away.
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Thursday, February 12, 2015
Beware of Bankers Bearing Gifts - Take Your Mortgage to the Grave / Housing-Market / Banksters
By: Dennis_Miller
Childhood cartoons have programmed us to see bankers as evil, greedy businessmen who delight in preying on the poor. Case in point: Snidely Whiplash.
As children we latched onto stories of the evil banker who held the mortgage on poor Nell’s ranch. Somehow a hero, Dudley Do-Right, emerged in the nick of time to save the day, and the banker was foiled again.
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Monday, February 09, 2015
UK Lowest Ever Average BTL Mortgage Interest Rates / Housing-Market / Buy to Let
By: MoneyFacts
The average cost of both fixed and variable buy-to-let (BTL) borrowing is falling confirms research from Moneyfacts. The average fixed rate BTL is currently at the lowest level ever recorded at just 3.82% across all terms. The number of deals in the BTL sector has also risen from 757 to 811 in just one month.
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Wednesday, February 04, 2015
Why Foreign Real Estate is a Grand Slam / Housing-Market / Global Housing Markets
By: Casey_Research
By Nick Giambruno
A grand slam in baseball, as many of you know, is a home run that is hit when the bases are loaded, in turn scoring four runs. It is the most potent move possible in a single play.
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Tuesday, February 03, 2015
Goodbye Money Laundering: The Slide in Luxury U.S. Real Estate Market / Housing-Market / US Housing
By: Harry_Dent
Couldn’t happen to a nicer group of people: ultra-rich criminals, drug dealers, despots and the mafia globally. I’m being sarcastic, of course.
It seems the greatest scheme for international money laundering is rapidly coming to an end and it couldn’t come soon enough. Unfortunately, this will have some negative effects on real estate in the super-expensive cities across the county because buying of high-priced condos for cash in places like New York, Miami, L.A. and San Francisco is going to come to a screeching halt.
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Tuesday, January 27, 2015
If You Picked Up a Cheap Mortgage Today, Thank a Taxpayer / Housing-Market / US Housing
By: Money_Morning
Shah Gilani writes: If you’re looking for a cheap mortgage to buy a new home, today should be a good day.
That’s because today the 50-basis point premium cut from the Federal Housing Administration (FHA) went into effect.
So with practically nothing down, unless you consider 3.5% down something, you can get a cheap loan through the FHA, one of those government agencies that was supposed to be getting out of that business.
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Sunday, January 18, 2015
The True Cost of the U.S. Homeownership Obsession / Housing-Market / US Housing
By: MISES
Ryan McMaken writes: In 2014, the US homeownership rate fell below 65 percent, which means it’s back to where it was during the 1970s and much of the 1990s. Various federal agencies have long made homeownership a priority, and have introduced a bevy of government and quasi-government programs including the GSEs like Fannie Mae, FHA-insured loans, VA-insured loans, the Bush administration’s “American Dream Downpayment Initiative” and, of course central bank meddling to keep interest rates nice and low for the mortgage markets.
Friday, January 16, 2015
U.S. Housing Market Bubble 2.0 Meet the Pin / Housing-Market / US Housing
By: James_Quinn
The 30 Year U.S. Treasury bond yield hit 2.35% yesterday. That is the lowest rate in U.S. history for the 30 Year Treasury. During the deepest darkest depths of the recession in March 2009, after the stock market had fallen over 50%, the yield was 3.5%. One year ago it was yielding 4.0%. Long term interest rates are not controlled by Yellen. They reflect the economic prospects of the country. When they are rising it means the economy is doing well. When they are plummeting to all time lows, the economy is either in recession or headed into recession. Take your pick. No amount of government data manipulation, feel good propaganda spewed by the captured mainstream media, or Ivy League educated Wall Street economist doublespeak, can change the fact this economy is in the dumper and headed much lower. The Greater Depression is resuming its downward march toward inevitable war.
Thursday, January 15, 2015
Winter Storms Snow and Wind Tree Damage Dangers, DIY Pruning / Housing-Market / Home Maintenance
By: Nadeem_Walayat
Barely a fortnight after the last snows melted, the weather forecasts are again for both more snow and strong winds ahead that despite deciduous trees having shed their leaves several months ago nevertheless they are still are in danger of broken branches or even toppling over just as Evergreen trees are as Britain's trees are about under go structural shocks following a couple of years of growth with no significant snowfall.
Monday, January 12, 2015
U.S. Housing Market Optimism Is Back Up to 2006 Levels... Should You Worry? / Housing-Market / US Housing
By: Money_Morning
Dr. Steve Sjuggerud writes: Housing optimism is back up to 2006 levels...
Should we worry about a 2006-style bust?
After all, 2006 was "the beginning of the end" in U.S. housing. And it kicked off the worst housing bear market of our lifetimes.
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Wednesday, January 07, 2015
UK Low Interest Rates Surge in 10 Year Fixed Rate Mortgage Deals / Housing-Market / Mortgages
By: MoneyFacts
Research from Moneyfacts reveals that the number of 10-year fixed rate mortgage deals on the market is continuing on a sharp upward trajectory.
Shorter term fixed rate mortgages have been the favoured option for borrowers for many years, but the historic low rates on offer in today’s market means that fixing for longer periods is definitely an attractive offer, hence the rise of the decade-long fixed rate.
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Saturday, December 27, 2014
Has Housing Been the Best Way to Preserve Purchasing Power of Money in 21st Century Britain? / Housing-Market / UK Housing
By: Mario_Innecco
If you are chatting to people down at the Red Lion or the Bullʼs Head about investments this Christmas season I am sure 99%, if not 100% of them, would say that housing has been and always is the best place to put your money in. I would not blame them either as the U.K. populace has always been attracted to the real estate market and renting is not the British way of doing things. An “Englishmanʼs house is his castle” comes to mind! So if the asset that is held most dearly to the British starts going up in value they will notice and the newspapers and the press in general will let them know.
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Wednesday, December 03, 2014
Stamp Duty Cut UK Housing Market Election Boost, Home Buyer Examples / Housing-Market / UK Housing
By: Nadeem_Walayat
The UK housing market will receive a significant boost from midnight tonight with what amounts to a cut in the amount of stamp duty charged on approx 90% of property purchases as the Chancellor, George Osborne in his Autumn statement does away with a huge anomaly / penalty in the way stamp duty tax is charged on property purchases, where for instance just a £1 increase in the price paid would tend to result in many extra thousands due in stamp duty tax that tended to result in huge bottlenecks around the stamp duty bands that acted as caps on house prices in many areas and thus resulted in much inertia.
Wednesday, December 03, 2014
London Property Bubble Primed To Burst - Consequences For UK Economy and Sterling / Housing-Market / UK Housing
By: GoldCore
The ongoing slump in oil prices looks set to take their toll on London’s “super prime” property markets with attendant consequences for the rest of the London property market. Foreign money that had been flooding into the UK from a whole array of international sources and parking in London real estate is drying up.
Tuesday, December 02, 2014
Tiny Houses May Signal a Big Market Change / Housing-Market / US Housing
By: MISES
Jonathan Newman writes: The flowering of the tiny house movement is due in large part to the most recent boom-bust cycle, which left many homeowners wondering if mountain-sized homes are worth equally sized debt or a risky gamble on future housing prices. For some, this meant moving into a house that could be smaller than their previous house’s bathroom.
Although definitions vary for what “tiny” means — from the hardcore enthusiasts to the more inclusive tiny-housers — most agree that any residence smaller than 1,000 square feet fits the bill (but most are less than 500 square feet). And speaking of the bill, such dwellings can range anywhere from $10k to $50k, depending on the size and amenities, and they can enjoy total monthly utilities in the double digits.
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Tuesday, November 18, 2014
Too Difficult to Get a U.S. Home Loan / Housing-Market / US Housing
By: Bloomberg
HUD Secretary Julian Castro spoke with Bloomberg TV's Peter Cook about the first positive balance for the Federal Housing Administration's mortgage-insurance fund in two years and the outlook for an overhaul of federal housing-finance rules.
Castro detailed the improving financial picture for the Federal Housing Administration, stating the government's mortgage insurance fund is "back in the black" for the time in two years: "Is it now in positive territory. In fact, over the last two years it's seen an increase of $21 billion in its value. And the underlying fundamentals of the portfolio of the fund are stronger than they have been in quite a while."
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Wednesday, November 05, 2014
U.S. Housing Market San Francisco at Critical Mass / Housing-Market / US Housing
By: Harry_Dent
The website, zerohedge.com, recently reported on an interesting indicator that makes perfect sense, but it’s one that I hadn’t seen before.
They reported that the San Francisco Case-Shiller year-over-year home price index is the primary real estate market that foreshadows when the stock market or any other major bubble will crash. In other words, it’s the bubble that best forecasts other bubbles bursting.
The reason that San Francisco is unique is that it’s very bubbly from a very limited supply… it reflects both Silicon Valley and the tech bubble… and it also reflects the “mega” bubble that is China.
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Thursday, October 30, 2014
US Mortgages, Risky Bisiness "Easy Money" / Housing-Market / US Housing
By: Mike_Whitney
Here we go again.
Last week, the country’s biggest mortgage lenders scored a couple of key victories that will allow them to ease lending standards, crank out more toxic assets, and inflate another housing bubble. Here’s what’s going on.
On Monday, the head of the Federal Housing Finance Agency (FHFA), Mel Watt, announced that Fannie and Freddie would slash the minimum down-payment requirement on mortgages from 5 percent to 3 percent while making loans more available to people with spotty credit. If this all sounds hauntingly familiar, it should. It was less than 7 years ago that shoddy lending practices blew up the financial system precipitating the deepest slump since the Great Depression. Now Watt wants to repeat that catastrophe by pumping up another credit bubble. Here’s the story from the Washington Post:
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