Topic: Housing Market Price trends
The new items published under this topic are as follows.
Friday, July 03, 2009
U.S. Housing Market Recovery Process Outlook / Housing-Market / US Housing
By: Money_and_Markets
Mike Larson writes: Every few months, I feel it’s my duty to let you know the latest about what’s going on in housing. There is simply so much off-the-wall blather, bogus data, and downright misinformation out there that if I don’t cut through it, I don’t know who the heck will!
Thursday, July 02, 2009
U.S. Housing Market Blast From the Past / Housing-Market / US Housing
By: Mike_Stathis
Real Estate Then and Now - I thought I’d take a look at where we are currently in real estate versus what I predicted a few years ago for those of you who never read either of my books.
Wednesday, July 01, 2009
U.S. Housing Market Deteriorates as Foreclosures Soar / Housing-Market / US Housing
By: Mike_Shedlock
The Office of the Comptroller of the Currency says Delinquencies Double on Least-Risky Loans.
Read full article... Read full article...Delinquency rates on the least-risky mortgages more than doubled in the first quarter from a year earlier as U.S. efforts to help homeowners failed to keep pace with job losses that pushed more borrowers toward foreclosure.
Tuesday, June 30, 2009
U.S. House Prices Have Bottomed / Housing-Market / US Housing
By: Uncommon_Wisdom
Larry Edelson writes: I just arrived at my condo in Bangkok, Thailand — my home away from home — where I’ll be working out of for the next four or five months. Expect me to cover lots of ground as I report from the front lines about the myriad profit opportunities that are popping up in Asia.
I’ll also give you an update on the latest developments in U.S. stocks … the dollar … gold … and oil.
Read full article... Read full article...
Tuesday, June 30, 2009
Summer Sun Shines on Rising UK House Prices in June / Housing-Market / UK Housing
By: Nationwide
- House prices rose by 0.9% in June
- Three month rate of change turns positive for first time since December 2007
- Low supply supporting prices for now, but a sustained recovery still faces risks
Monday, June 29, 2009
UK Average Fixed Rate Mortgage Interest Rate Hits 6.00% / Housing-Market / Mortgages
By: MoneyFacts
The rising cost of fixed rate mortgages continues as the average five year fixed rate mortgage today hits 6.00%, the highest level since 22 December 2008.
In the last month the average five year fixed has increased by 0.43%, while the average two year fixed has increased by 0.41% to 5.08%.
Read full article... Read full article...
Tuesday, June 16, 2009
How Does an Excess Supply of Houses Get Remedied? / Housing-Market / US Housing
By: Paul_L_Kasriel
By allowing prices to fall and by cutting production. This remedy applies to everything from hods to houses. It is well documented that the prices of houses have plummeted. What may be less well known is that newly-started production of single-family homes has come back into equilibrium with the sales of new single-family homes - at least through April.
Sunday, June 14, 2009
U.S. Housing Market Crash, "I'm Trapped In My House" / Housing-Market / US Housing
By: Mike_Shedlock
In response to Median Home Prices In Detroit Fall To $6,000 I received the following from "GD" who feels literally trapped in his house.
Saturday, June 13, 2009
Median U.S. House Prices Crash To $6,000 in Detroit / Housing-Market / US Housing
By: Mike_Shedlock
A few years ago, after my dad passed away, we sold his Danville, Illinois house for the grand total of $14,000 which was then split among 4 siblings. Friends where I live now cannot ,fathom a house selling for $14,000.
Friday, June 12, 2009
New Lloyds TSB First Time Buyer Mortgage / Housing-Market / Mortgages
By: MoneySupermarket
Commenting on the new Lloyds TSB First Time Buyer mortgage, Clare Francis, site editor at moneysupermarket.com: "This is a great product to help first time buyers get on the housing ladder - not only is the rate competitive, but it's really good to see some new activity in the high Loan To Value (LTV) market. It is another indication that funding pressures on lenders may, at last, be starting to ease.
Read full article... Read full article...
Thursday, June 11, 2009
U.S. Mortgage Market Remains Solidly Frozen / Housing-Market / US Housing
By: Mike_Shedlock
On May 28 I wrote Mortgage Market Locks Up. Ten year treasury yields started to soar and 30 year mortgages for good borrowers jumped a full point from 4.5% to 5.5%.
Wednesday, June 10, 2009
Which Housing Mortgage Applications are More Important, Refinance or Purchases? / Housing-Market / US Housing
By: Paul_L_Kasriel
As Chart 1 shows, mortgage applications for refinancing purposes have plummeted in recent weeks as applications for purchases appear to have bottomed and entered a very mild uptrend. With regard to aggregate demand, which category of applications - refis or purchases - should we get more excited about? For my money, purchases. Why? If a refi because of lower mortgage rates does not involve the cashing out of equity, the net effect is simply a redistribution of spendable income from ultimate lenders to ultimate borrowers. Yes, with the lower mortgage rate, the borrower now has lower monthly payments and, thus, more left over for the purchases of goods and services.
Wednesday, June 10, 2009
Has the U.S. Housing Market Made a Bottom? / Housing-Market / US Housing
By: Hans_Wagner
Listening to the news and reading the headlines would make you believe the economy is recovering and the good times will come in the not to distant future. After all home sales rose 0.3% in April and all those green shoots are sprouting. Many analysts are stating we have seen the bottom in housing. That would be good news indeed. For housing was the major culprit of the latest recession. However, a look at the detail does not indicate a bottom is here yet.
Sunday, June 07, 2009
Halifax UK House Prices Index Surges by 2.6% in May / Housing-Market / UK Housing
By: HBOS
Annual change -16.3%
Monthly change 2.6%
Average Price £158,565
Sunday, June 07, 2009
UK House Prices Rise for Second Time in Three Months / Housing-Market / UK Housing
By: Nationwide
• House prices rose by 1.2% in May
• Annual rate of decline improves sharply from -15.0% to -11.3%
• Low supply levels may explain some of the improvement in price trends