Category: US Housing
The analysis published under this category are as follows.
Friday, January 16, 2009
U.S. Housing Market Panic of 2009, Buying Opportunity of a Lifetime? / Housing-Market / US Housing
By: Q1_Publishing
“Sir, there are no seats left. You're going to have to stand in the back.”
I was only 10 minutes late, but the conference hall was packed. Every seat was taken. The walls were lined with people.
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Thursday, January 08, 2009
Nouriel Roubini 2009 U.S. GDP Forecasting 40% Home Mortgage Failures? / Housing-Market / US Housing
By: Andrew_Butter
IF Nouriel Roubini's 2009 GDP forecast for USA is right, THEN could 40% of home mortgages fail? It's been a long time since I saw two guys so eager to lose their jobs, Hank Paulson and George Bush could hardly be held back, they were positively skipping out of the door; I wonder why? Read full article... Read full article...
Friday, December 26, 2008
U.S. Housing Market Forecast 2009 / Housing-Market / US Housing
By: Money_and_Markets
Mark Larson writes: I don't know about you, but I had a great time watching my little girls open their presents on Christmas morning. You should have seen the smiles on their faces! I sincerely hope that you and your family are relaxing and enjoying this holiday season as much as I am.
But soon, thoughts are going to turn from relaxation to reality. Investors are going to focus once again on the wounded real estate market. And millions of homeowners and commercial property owners are going to ask that all-important question: Will 2009 be “it” — the year when things finally start turning around?
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Tuesday, December 09, 2008
The High Cost of Washington's Housing Market Price Manipulation Policy / Housing-Market / US Housing
By: Ayn_Rand
Want to eliminate the glut of homes? Don't give the government more power--open the borders to immigration.
For decades Washington has been manipulating prices to encourage homeownership and "steer" the economy. To "incentivize" you to buy a house, it made mortgage payments tax deductible, largely exempted homes from capital gains taxes, and created Fannie Mae and Freddie Mac. After the stock market tumbled in 2001 and 2002, Washington established a policy of artificially low interest rates that created the illusion of cheap credit; leery of the stock market, and looking for someplace else to put all this easy money, Americans began buying homes in droves.
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Sunday, December 07, 2008
U.S. House Prices Case Shiller CPI Analysis / Housing-Market / US Housing
By: Mike_Shedlock
This post is an update on the Case-Shiller-CPI (CS-CPI). The chart is courtesy of my friend "TC" and a brief explanation is that the Case-Chiller housing index is substituted for Owners' Equivalent Rent in the CPI. The results are compared to the BLS Government Published CPI (CPI-U called OER-CPI in the following chart).
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Friday, December 05, 2008
U.S. Housing Market Crash- How Far To The Bottom? / Housing-Market / US Housing
By: Mike_Shedlock
Inquiring minds have been asking for another housing update. My previous update was was on February 15,2008 in Housing Bottom Nowhere in Sight . I did not remember Bernanke's comments at the time but looking back now they sure seem funny. Read full article... Read full article...
Sunday, November 23, 2008
U.S. Housing Market Forecast 2009, More Pain No Gain / Housing-Market / US Housing
By: Money_Morning
Don Miller writes: The U.S. housing market is already being pounded by the “perfect storm.” And the outlook for the New Year is for the stormy weather to continue – and probably to get worse.
As if a locked-up credit market and tidal waves of foreclosures weren't already enough, we're now watching unemployment climb and consumer confidence plunge.
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Friday, November 14, 2008
New Precedent for America : Financial Irresponsibility Pays / Housing-Market / US Housing
By: Mike_Stathis
As a desperate attempt to stop the bleeding, banks are stepping up with further efforts to protect delinquent homeowners. To date, this represents the most radical effort to stop the avalanche of foreclosures. It's thought these ridiculous bailouts will help restore the housing market which will provide more stability to the economy. The problem is that these plans are still insufficient to make any impact. And there is nothing to absorb the massive inventory of housing.Read full article... Read full article...
Friday, November 07, 2008
Capital Economics UK Housing Market Forecasts / Housing-Market / US Housing
By: Nadeem_Walayat
What is the value of typically the same housing bear market / crash forecast that is rolled out every few months? This article takes a look back at Capital Economics that has been grabbing the headlines of late of having forecast the UK housing market crash of 2008. However if you dig a little deeper the actual accuracy of Capital Economics housing market forecasts evaporates into thin air.
Tuesday, November 04, 2008
The Great American Housing Market Nightmare Next Phase / Housing-Market / US Housing
By: Money_and_Markets
Martin Weiss writes: One of the greatest blunders of our time is made by those who blindly assume home prices are so low they couldn't possibly go any lower.
In reality, home prices don't stop going down at some particular level that appears to be “cheap.” Nor do they stop falling because they match some historical price that was previously a low.
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Wednesday, October 29, 2008
U.S. Housing Bust Continues on October Case Shiller Data / Housing-Market / US Housing
By: Mike_Shedlock
Inquiring minds are considering the S&P/Case-Shiller Home Price Release for October 2008.
New York, October 28, 2008 – Data through August 2008, released today by Standard & Poor's for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, shows continued broad based declines in the prices of existing single family homes across the United States, a trend that prevailed throughout the first half of 2008 and has continued into the second half.
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Thursday, October 23, 2008
U.S. Housing Market Boom and Crash Engineered by the Government / Politics / US Housing
By: Richard_C_Cook
They Did It On Purpose: The Housing Bubble and Its Crash Were Engineered from the Highest Levels of the U.S. Government, the Federal Reserve, and the Financial Industry
During the Clinton administration, the government required the financial industry to start expanding the frequency of mortgage loans to consumers who might not have qualified in the past.
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Thursday, October 09, 2008
When will the U.S. Housing Market Bottom? / Housing-Market / US Housing
By: Hans_Wagner
Now that the US has signed the rescue bill, investors are analyzing ways they can use the bill to help them beat the market. The collapse of housing prices in the United States led directly to the problems with the mortgage securities that are freezing credit markets. Some investors might think that the bottom in the current recession is near and the markets will recover soon. Others are not so sure. In this case, it pays to look at the past to see if you can learn from prior experiences and the trends in the housing market. Read full article... Read full article...
Tuesday, October 07, 2008
Fixing the U.S. Housing Market and House Prices / Housing-Market / US Housing
By: Andrew_Butter
At this rate they won't bottom 'till 2010 and there is 15% to go. I think I need to get my hearing checked, but I thought I heard "Hank" say that his bailout plan won't start to work until house prices recover. Read full article... Read full article...
Sunday, October 05, 2008
France To Buy 30,000 Homes, How Many Will the U.S. Own? / Housing-Market / US Housing
By: Mike_Shedlock
Morningstar is reporting, France To Buy 30,000 Planned Homes To Boost Building Business .
President Nicolas Sarkozy, grappling with the global financial crisis, has decided to directly support the French construction industry by buying 30,000 homes waiting to be built, the presidential palace said Wednesday.
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Friday, September 26, 2008
Horrid US Economic Data on Housing Market, Jobs and Durable Goods / Economics / US Housing
By: Mike_Shedlock
Inquiring minds are looking at weekly unemployment claims . In the week ending Sept. 20, the advance figure for seasonally adjusted initial claims was 493,000, an increase of 32,000 from the previous week's revised figure of 461,000. It is estimated that the effects of Hurricane Gustav in Louisiana and the effects of Hurricane Ike in Texas added approximately 50,000 claims to the total. The 4-week moving average was 462,500, an increase of 16,000 from the previous week's revised average of 446,500. The spin above blames hurricanes. I do not buy it, at least to the extent claimed. The fact of the matter is this economy is rapidly falling apart.
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Thursday, September 25, 2008
Bush's Housing Market Rescue Plan Full of Dry Rot / Housing-Market / US Housing
By: Adrian_Ash
"The reality of the situation is that an open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention..." – Hank Paulson, speaking at the China-US Strategic Dialogue in Shanghai, 3/7/2007
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Saturday, September 13, 2008
Value of Housing Markets in USA and UK Past, Present, and Future / Housing-Market / US Housing
By: Andrew_Butter
The nationalization of Fannie and Freddie signaled that the valuations of assets used to secure loans to which these companies were exposed, were suspect.
"Legally" Fannie and Freddie were solvent. But no one believed the valuations, first the market didn't, and finally, neither did the regulators. This was an extraordinary admission of failure of the system of valuation, past and present.
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Saturday, September 13, 2008
US Housing Bear Market Nowhere Near a Bottom / Housing-Market / US Housing
By: John_Mauldin
- The Headwinds to Growing Your Wealth
- The Wealth of Nations
- Housing: Are We at the Bottom?
- Alt-A is the New Subprime
- 3.5 Million Unemployed and Counting
This week we look at the housing market in some detail. When can we expect it to turn around? Part of the problem is that a new wave of foreclosures is coming due, and this time it is not subprime. And that means more problems for the large financial companies. Also, as predicted here, consumer spending is taking a hit as consumers are finding it increasingly difficult to get credit and a deteriorating labor market is dragging down total spending. There are some very interesting details in the data that was released this week. And we take a quick peek at the outlook for inflation. What is in the pipeline, so to speak? It should make for an interesting letter.
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Friday, September 12, 2008
U.S. Foreclosures Shock Wave Ripples Through Housing Market / Housing-Market / US Housing
By: Peter_Schiff
Bloomberg is reporting U.S. Foreclosures Hit Record in August as Housing Prices Fell .U.S. foreclosure filings rose to a record in August as falling home prices made it harder to sell or refinance homes to pay off the mortgage, RealtyTrac Inc. said.
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