Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Saturday, September 19, 2009
U.S. Housing Market Foreclosure Prevention Tactics Useless / Housing-Market / US Housing
By: Mike_Shedlock
An interesting report in the Los Angeles Times shows that a person with super-prime credit scores is more likely to walk away from an underwater mortgage than a person with a subprime credit rating.
Monday, September 14, 2009
UK Housing Market Boosted by Increase of Mortgage Products / Housing-Market / Mortgages
By: MoneyFacts
The number of residential mortgages available is slowly increasing, but still the market is dominated by deals for customers with more than a 25% deposit.
On 1 April 2009 the number of mortgages available hit rock bottom at just 1,209, a 90% drop from the peak of 11,951 products available in July 2007. Today there are 1,392 products available.
Friday, September 11, 2009
U.S. Housing Market Foreclosure Filings Top 300,000 for Sixth Straight Month / Housing-Market / US Housing
By: Mike_Shedlock
Foreclosure filings are still on a rampage as noted by the Bloomberg headline U.S. Foreclosure Filings Top 300,000 for Sixth Straight Month.
Wednesday, September 09, 2009
Four Reasons Why UK House Prices Will Keep Falling / Housing-Market / UK Housing
By: MoneyWeek
Yesterday saw another sign that Britain's housing market is bottoming out. Or so you'd have thought from some of the media coverage.
But on a closer look, the latest residential lettings survey from the Royal Institution of Chartered Surveyors (RICS) wasn't really that upbeat at all. And it certainly hasn't changed our view that house prices in the UK still have some way to fall.
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Tuesday, September 08, 2009
U.S. Housing Market, The 800,000 Pound Deflationary Gorilla / Housing-Market / US Housing
By: Adam_Brochert
The housing market is rapidly deteriorating under the surface. A housing price collapse is a highly deflationary event because it affects so many banks and individuals. We are not close to a bottom in the real estate market and it is essentially almost impossible for it to come before the 2011-2012 time frame. If our government insists on continuing to subvert what's left of the free market system in real estate, it may take another decade to find the bottom.
Tuesday, September 01, 2009
The U.S. Housing Market's False Dawn / Housing-Market / US Housing
By: Money_Morning
Martin Hutchinson writes: Is the U.S. housing market truly at a turning point, as investors seem to increasingly believe? Or is this actually a false dawn, meaning that there are problems and pain ahead for those who turned bullish too soon?
Tuesday, September 01, 2009
Six Million Home Foreclosures: Next Ticking Lehman-Style Bomb…FDIC Insured Banks? / Housing-Market / US Housing
By: Andrew_Butter
Over a year ago Hank Paulson declared "The US Banking System Is A Safe and Sound One", the market's reaction to that piece of news was to short Fannie and Freddie into oblivion. A key issue there was holdings of mortgaged backed securities, specifically RMBS; valuations of those things depended on (a) their credit rating, (and once the LTV started to slip the rules said they had to be downgraded, so the price tanked), and (b) there was a rule of thumb that the value of those things was what an equivalent Treasury cost, less the cost of a CDS to insure them; when fear took over, the cost of a CDS went through the roof, the "market" (it never was a real market), froze. Then there was Lehman.
Friday, August 28, 2009
U.S. Housing Market Stabilises, But Don't Expect an Rip-Rooaring Rebound / Housing-Market / US Housing
By: Money_and_Markets
Mike Larson writes: Almost four months ago, I made one of the most dramatic shifts in my investment outlook ever. After warning — in advance — that we would experience a devastating housing and mortgage market crash … and after repeatedly refuting all the early — and wrong — bottom callers during the four-year collapse, I wrote the following in my Money and Markets column four months ago:
Friday, August 28, 2009
UK House Prices Tracking Claimant Count Rather than Unemployment Numbers / Housing-Market / UK Housing
By: Nadeem_Walayat
This is the first in a series of analysis as part of an in depth up-date to the UK house price forecast of August 2007 that correctly called a peak in UK house prices and forecast a 2 year bear market that would see UK house prices fall by 15% to 25%. This analysis seeks to compare UK house prices against unemployment data. To ensure that you receive the full final analysis and conclusion / forecast for the UK housing market covering the trend for the next 2-3 years subscribe to my always free newsletter.
Thursday, August 27, 2009
UK House Prices Summer Bounce Extends into August 2009 / Housing-Market / UK Housing
By: Nationwide
• House prices rose by 1.6% in August
• Year-on-year decline slows from -6.2% to -2.7%
• Low interest rates helping to underpin prices for the moment
Tuesday, August 25, 2009
Banks Continue to Squeeze Mortgage Borrowers as Fixed Rate Mortgage Margins Increase Again / Housing-Market / Mortgages
By: MoneyFacts
Mortgage lenders are showing continuing reluctance to reduce the cost of fixed rate mortgages, despite around a 30 basis point reduction in the cost of funding on the swap rates market.
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Tuesday, August 25, 2009
Huge Plunge In Mortgage Cure Rates Portends Housing Market Foreclosure Disaster / Housing-Market / US Housing
By: Mike_Shedlock
Mortgage cure rates have fallen off a cliff. For those unfamiliar with the term, a "cure rate" pertains to those who go delinquent on loans then catch up and become current. Late payments that don't "cure" have a tendency to get later and later over time, before they eventually default.
Saturday, August 22, 2009
Do U.S. Housing Stats Really Indicate Housing Market Bottom? / Housing-Market / US Housing
By: Sy_Harding
In 2006 I predicted the bursting of the real estate bubble would spread its problems into the financial industry and broad economy to create one of the worst recessions since the 1930s. In 2008 I said the problems began in the real estate industry and the eventual recovery will have to begin in the real estate industry.
Friday, August 21, 2009
Liar Loans Were Not The Problem: Don't Worry About Re-Sets...Just A Scare Like Y-2K / Housing-Market / US Housing
By: Andrew_Butter
Years ago I got a project building a credit scoring system for a bank that did auto loans in Dubai, it was a lot of fun, I got hold of tons of data, did a multivariate regression analysis, and the result was absolutely useless.
Friday, August 21, 2009
U.S. Housing Market Hidden Backlog of Foreclosures / Housing-Market / US Housing
By: Mike_Shedlock
When it comes to foreclosures, there is no such thing as a "safe state". Even states that did not engage in widespread use of liar loans and other silly mortgage lending practices are struggling with foreclosures. The issue is jobs, and unemployment is rising everywhere.
Tuesday, August 18, 2009
Bright Side of Falling House Prices / Housing-Market / US Housing
By: Mike_Shedlock
"Morally Conflicted in Arizona" writes:
Monday, August 17, 2009
Wave of Foreclosures About to Break U.S. Housing Market Dam / Housing-Market / US Housing
By: Mike_Shedlock
A summary of Second Quarter 2009 Negative Equity Data from First American CoreLogic shows that Nearly One-Third Of All Mortgages Are Underwater.
Sunday, August 16, 2009
U.S. Housing Market Crash Means Collapse Of The "Ownership Society" / Housing-Market / US Housing
By: Mike_Shedlock
Bush's "ownership society" has collapsed under the dead weight of debt. There is too much debt and too little income to support it. Please consider President shifts focus to renting, not owning.
Sunday, August 16, 2009
Searching For Financially Sound Property Market Equity REITS / Housing-Market / Housing Stocks
By: Richard_Shaw
Equity REITs have made a strong move lately. We have expressed our doubts about the wisdom of that move (Are REITs Ahead of Themselves?), and wonder about the quality of the underlying trusts.
Thursday, August 13, 2009
U.S. Housing Market Recovery Will Be Slow as Foreclosures Continue to Weigh on Housing Prices / Housing-Market / US Housing
By: Money_Morning
Bob Blandeburgo writes: Prices for single-family and condominium homes in the second quarter fell by a record 15.6% and 19.8% year-over-year in the United States, mainly due to foreclosures.
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