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Showing posts with label market. Show all posts
Showing posts with label market. Show all posts
Thursday, May 21, 2009

More Evidence Banks are Holding Back Foreclosures

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According to this Foreclosures.com blog article, More on Stress Tests , due to 10 of 19 big banks needing to raise funds as a result of the ...
Thursday, May 7, 2009

Duplicating Disaster: A Lesson Not Learned

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According to this New York Times article, Sweetening the Pot for Home Buyers , the $8,000 Federal Tax Credit for first time home buyers crea...
Thursday, April 23, 2009

Prices Still Need to Decline to Make Homes Affordable Again

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According to this Forbes.com article, How Low Will Real Estate Go? , home prices need to decline substantially in or der to bring them in li...
Friday, April 17, 2009

Tennessee Foreclosures Filings Increase Nearly 20% in March 2009

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According to this article in the Memphis Busines Journal,  RealtyTrac: Tennessee foreclosures up in March but trending down in 1Q , foreclos...
Wednesday, April 8, 2009

Home Prices Still Need to Decline More to be "Affordable"

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Home affordability is a reltaive thing.  However, that affordability should not be based on interest rates.  It should be based on income an...
Monday, April 6, 2009

President's "Making Home Affordable" Program Not Enough to Stop Foreclosures

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According to this Inman News article, Negative Equity: a housing timebomb , President Obama's Making Home Affordable Program (MHA)  will...
Wednesday, April 1, 2009

Recent "Sales Uptick" Not Really Good News for Real Estate

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According to this Forbes.com article, Riskiest Places for U.S. Homeowners , there are several places in the country (mainly parts of CA, FL,...
Monday, March 30, 2009

A Brief Synopsis: How We Got Here and Where We Are Going

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How We Got Here Government - The problems were caused by the relationship between Fannie Mae/Freddie and the Community Reinvestment Act (pus...
Saturday, March 7, 2009

Manhattan Real Estate Will Decline in Value to 50% of Market Peak

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According to this New York Times article, Looking for Bottom in N.Y. Real Estate , Manhattan real estate prices hav already fallen by 25% ac...
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Wednesday, February 25, 2009

Bloomberg.com Article: U.S. Existing Home Sales, Prices Slumped in January

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According to this Bloomberg.com article  U.S. Existing Home Sales, Prices Slumped in January . The gist ofthe article is that the declining ...

In Bloomberg Interview, Harris of Barclays Capital Says President Obama is doing the "Right Thing" for U.S. Housing

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Accroding to this Bloomberg interview with Ethan Harris, Co-Head of U.S. Economics Research for Barclays Capital , President Obama is Doing ...
Tuesday, February 24, 2009

Foreclosures now hitting previously untouched areas of the US

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The foreclosure problems in California, Florida, Nevada and Arizona continue to batter those markets.  This has been well covered.  However,...