Category: US Housing
The analysis published under this category are as follows.
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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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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Thursday, June 27, 2013
How to Make the Most from the Changes in the U.S. Housing Market / Personal_Finance / US Housing
By: DailyGainsLetter
Moe Zulfiqar writes: The housing market in the U.S. economy has gained a significant amount of attention. Even my old friend, Mr. Speculator, who likes to make big bets for bigger gains, told me it’s a good time to buy a house, saying “the prices are cheap, and they are only going higher from here.”What’s certain is that the U.S. housing market has seen an uptick since the home prices hit bottom in early 2012; but is it on the path to real recovery, or is what we are seeing just a minor bounce?
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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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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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Thursday, June 06, 2013
Best Explanation for the Fake U.S. Housing Market Recovery / Housing-Market / US Housing
By: Profit_Confidential
Michael Lombardi writes:
The average American Joe isn’t participating in the U.S. housing market. As a matter of fact, according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, investors purchased 69% of “damaged” properties in April 2013, while first-time home buyers accounted for only 16% of “damaged” purchases.
Friday, May 31, 2013
The Great Reflation of the U.S. Housing Market / Housing-Market / US Housing
By: Peter_Schiff
This week economists, investors and politicians were treated to some of the "best" home price data since the frothy days of 2006 when home loans were given out like cotton candy and condo flipping was a national pastime. The Case-Shiller 20 City Composite Home price index was up a startling 10.9% for the 12 month period ending in March. Prices in all 20 cities were up, with some (Las Vegas, Phoenix, and San Francisco) notching gains of more than 20%. Meanwhile the National Association of Realtors announced that April pending home sales volume reached the highest level in nearly three years.
Thursday, May 30, 2013
Is Real Estate Ever a Wise Investment for Retirees? / Housing-Market / US Housing
By: Don_Miller
At one point in my life you might have heard me say something like, “I’ve probably made more money in real estate by accident than I have in the market on purpose.” For many years, you could buy good-quality property, as much as you could afford, and you were almost guaranteed to make money. That ended in 2008. Now folks are looking for bargains, hoping to profit from the crash.
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Wednesday, May 29, 2013
Chinese Sovereign Fund Shifts Focus to U.S. Real Estate / Housing-Market / US Housing
By: InvestmentContrarian
Sasha Cekerevac writes: One of the biggest fears for investors is to buy at the top of any market. This is a natural reaction because most of us were taught since childhood to do the opposite. For example, my parents always emphasized the importance of buying products when they’re on sale.
Some people view the significant rise in home prices with apprehension, believing that these prices have risen too far. While it is true that home prices have risen substantially, as long as interest rates remain low, there is potential for further capital appreciation.
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Wednesday, May 29, 2013
What U.S. Housing Market Recovery? Percentage of First-Time Home Buyers Falls Again / Housing-Market / US Housing
By: Profit_Confidential
Michael Lombardi writes: It’s almost as if the mainstream media is defining the U.S. housing market as being “hot,” while some economists are calling for robust growth ahead. But the reality is that we are far from a recovery in thehousing market and more troubles could follow.
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