Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Saturday, December 12, 2009
Dubai Debt Default, Jones La Salle and RICS Property Valuation Track Record / Housing-Market / Global Debt Crisis
By: Andrew_Butter
According to the Bloomberg the collateral for the $3.5 billion bond issued by the developer Nakheel in Dubai that is widely thought to be about to default, was a lien on a piece of mainly reclaimed land called the “Waterfront” project.
The land had been valued by Jones Lang LaSalle (“strictly” in accordance with the procedures laid down in the “Red Book” issued by the British Royal Institution of Chartered Surveyors (RICS)) at $4.2 billion.
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Thursday, December 10, 2009
U.S. Housing Market Equity Cushions and Impact of Negative Equity / Housing-Market / US Housing
By: Tim_Iacono
A report last month indicating that almost 25 percent of all borrowers now owe more on their mortgage than their homes are worth punctuated one of the more dramatic turn of events in the ongoing credit crisis and housing bubble aftermath. Twenty five percent!
Saturday, December 05, 2009
U.S. Housing Market Improves as Rents Finally Cover Mortgage Payments Again / Housing-Market / US Housing
By: DailyWealth
Dr. Steve Sjuggerud writes: Nobody has noticed... but an incredible thing has happened: Rents are finally covering mortgage payments again in residential real estate.
Saturday, December 05, 2009
U.S. Housing Market, Worst Behind Us Or Another Downleg? / Housing-Market / US Housing
By: Tim_Wood
This past spring and summer there was a surge in real estate activities. The consensus amongst the realtors and builders that I talk to are of the opinion that the worst is behind us. However, the charts say we are now seeing another housing slow down.
Tuesday, December 01, 2009
Eight Ways to Profit as the U.S. Housing Market Recovery / Housing-Market / US Housing
By: Money_Morning
Larry D. Spears writes: If you were interested in homes for anything other than personal shelter, November was a pretty discouraging month, with continuing gloom the most prominent feature of virtually every report issued on the housing sector.
Whether it was the disappointing quarterly earnings numbers for America’s top two home-improvement companies, the dismal listing of October housing starts and new building permits or the downbeat readings for the National Association of Home Builders (NAHB) Sentiment Index, you had to dig pretty deep to find any hint of a near-term rebound in the housing sector.
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Monday, November 30, 2009
Housing Market Boom and Bust According to Austrian Economic Theory / Housing-Market / Economic Theory
By: Douglas_French
Is Housing a Higher-Order Good? While reviewing a book about the financial crisis, a policy analyst of the free-market persuasion pooh-poohed the notion that housing constitutes a long-term project or "higher-order good," insisting that homes are instead a "durable consumer good," and thus he believes that examining the housing meltdown through the lens of Austrian business-cycle theory is illegitimate.
Wednesday, November 25, 2009
The Fed Fears New Mortgage Crisis Could Derail Economic Recovery / Housing-Market / US Housing
By: Claus_Vogt
Although the number was just revised downward, the U.S. economy still expanded by 2.8 percent during the third quarter. So it definitely looks like the recession is history.
What’s more, last Thursday the Conference Board published its Leading Economic Indicator (LEI) for October. This indicator has a strong predictive history, having predicted each recession since the early 1960s as well as the one we’ve just gone through.
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Wednesday, November 25, 2009
FHA Train Wreck, New U.S. Housing Market Crisis / Housing-Market / US Housing
By: Andrew_Abraham
Who do you believe these days… the Govt…the news…or an industry insider? My bet would be with the industry insider.
Robert Toll the principle of the largest luxury home builder Toll Brothers said the other day that the Federal Housing Administration (FHA) is a train wreck waiting to happen.
Tuesday, November 24, 2009
U.S. Housing Market Dead Cat Bounce In Motion? / Housing-Market / US Housing
By: Andrew_Butter
Looks like King Canute may be having a reality check; perhaps house prices are going to go where house prices are going to go?
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Tuesday, November 24, 2009
U.S. House Prices Rise Again Despite Quarter of Mortgage Borrowers Underwater / Housing-Market / US Housing
By: Mike_Shedlock
Case Shiller housing data for September came out today and Home Prices Rose For 4th Consecutive Month.
Saturday, November 21, 2009
Canada's Sub-Prime Mortgage Time Bomb / Housing-Market / Canada
By: Global_Research
Murray Dobbin writes: What do the mid-recession housing boom and the Harper Conservatives’ rise in the polls have in common? Answer: the Canada Mortgage and Housing Corporation’s massive sub-prime mortgage scheme that is keeping up the appearance of an economic recovery.
Friday, November 20, 2009
U.S. Housing Market Mortgage Meltdown Wave Two / Housing-Market / US Housing
By: Mac_Slavo
In Mortgage Delinquencies Up 58% we pointed out that the American home owner borrower will continue to experience difficulty in making their monthly payments for years to come.
Thursday, November 19, 2009
BubbleOmics: Dubai Property Market Down And Out…Or Bounce? / Housing-Market / Middle East
By: Andrew_Butter
On the sidelines of the Big News there are two stories making the rounds: Dubai property and Dubai debt.
In the grand scheme of things Dubai is a pretty small place (the economy is about 45% the size of Singapore), but it’s interesting from the perspective of bubbles.
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Wednesday, November 18, 2009
U.S. Real Estate Market Getting Worse / Housing-Market / US Housing
By: Adam_Brochert
Though I am sure the National Association of Realtors has some statistic indicating that higher real estate prices are "right around the corner" (as they have every single month since before the crash started), real estate is getting worse. Wave 2 of the residential real estate crash is starting on cue and "walking away" from underwater mortgages has reached critical mass.
Tuesday, November 17, 2009
Bernanke and Pinball Could Learn A Lot From Hong Kong’s Property Bubble / Housing-Market / Hong Kong
By: Andrew_Butter
Many years ago I met an old sweat Brit from Hong Kong, he told me two things (1) Hong Kong is the closest you will ever get to a pure free-market economy (2) that’s because it’s regulated.
He was absolutely right, it’s funny how health services, education and public utilities in Hong Kong are the best in the world and everything works, yet you step back and for a second you would think it’s a socialist dream. It’s not, it’s Adam Smith on Speed.
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Monday, November 16, 2009
UK Housing Market Buy-to-let Mortgage Sector Sees Signs of Recovery / Housing-Market / UK Housing
By: MoneyFacts
The buy-to-let sector has been one of the biggest casualties of the last two years, with 93% of all deals disappearing in that time.
Landlords unable to find more than a 20% deposit can no longer find a new deal, despite deals requiring just a 10% or 15% deposit making up 64.8% of the market just over two years ago.
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Thursday, November 12, 2009
Monetizing the U.S. Housing Market Debt / Housing-Market / US Housing
By: Tim_Iacono
In reading the newspapers over the last eight months, since the Federal Reserve decided to print money on a massive scale in order to buy $300 billion in U.S. Treasuries along with about a trillion and a half dollars in mortgage related debt, these two groups of purchases have been viewed quite differently.
Thursday, November 12, 2009
UK Mortgage Rip Off, Interest Rates Need to Fall Further / Housing-Market / Mortgages
By: MoneyFacts
In the last few weeks a number of lenders including Abbey, Halifax, Leeds BS, Nationwide BS, Northern Rock and Woolwich have made moves to cut mortgage rates, but rates are still a long way of the low reached earlier in the year.
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Tuesday, November 10, 2009
Post-Financial Crisis Secularization Controversy / Housing-Market / Credit Crisis 2009
By: Money_Morning
Martin Hutchinson writes: Massachusetts Land Court judge Keith C. Long recently ruled that foreclosure sales of two properties with securitized mortgages were invalid, a decision that ties up thousands of Massachusetts real-estate transactions.
Monday, November 09, 2009
If the U.S. Housing Meltdown Was Bad Wait for Commercial Real Estate Crash / Housing-Market / US Housing
By: Doug_Horning
That’s right, the next train wreck will be in commercial real estate. Couldn’t be worse than last year’s residential market crash? That remains to be seen. But it’s coming soon, probably as early as the second quarter of next year, and there’s nothing that can prevent it. The government will intervene, trying desperately to delay the day of reckoning, and may even succeed. For a while. But make no mistake about it, that train is going off the tracks no matter what.