|
|
-
+4 ·
Home Foreclosures On The Rise
Filed Oct 30, 2006 at 2:14 PM ·
Weld County, Colorado, was one of the hottest housing markets in the country...until two years ago.
"At the very best, we're flat," real estate agent Matthew Revitte tells CBS News correspondent Sharon Alfonsi. "And we could be perhaps contracting."
Revitte sold many homes before oversupply and rising interest rates torpedoed the market.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+5 ·
Is Goldilocks For Real Or Just Another Fairy Tale?
Filed Oct 24, 2006 at 6:10 PM ·
Goldilocks was the nickname given to the soft-landing in 1995 that kicked off one of the biggest 5-year bull runs in the equity market in history. That soft landing consisted of a slowdown in growth along with a corresponding falling rate of inflation that allowed the Fed to ease, cushion the economy’s landing and thereby avoid a recession.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+11 ·
No Stabilization in the Housing Market
Filed Oct 18, 2006 at 3:02 PM ·
I am listening to some pundits on TV. They are so positive about the Homebuilders Sentiment Index that I immediately click over to NAHB.org.
Their braggadicio about the "Stabilization in the home builders Index" was so over the top, I expected to see an enormous change. Instead, this is what greets me:
Stabilization? You mean after 8 consecutive months of free fall, we see a tiny blip up? I fail to see what these spinmeisters are so breathless about . . . [Visit site for complete article] Chart: SeekingAlpha.Com
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+13 ·
Chicago Fed President Discusses the Housing Market
Filed Oct 13, 2006 at 3:49 PM ·
Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago, gave a speech yesterday at a gala dinner for real estate professionals. Not surprisingly, he devoted the speech to a discussion of the housing market and its impact on the broader economy, with a brief introduction about the current state of the economy.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+12 ·
Home Equity Theft
Filed Oct 11, 2006 at 1:35 AM ·
The theme song for the quirky television show Monk intones that "It's a jungle out there," a caution the New York State legislature has taken to heart in passing The Home Equity Theft Prevention Act (the "Act"). The problem needing remediation observed by the state was acts of scam artists fleecing unwary homeowners out of the equity in their residences when their mortgages go into default or foreclosure.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
US Foreclosure Rate Continues Upward Trend With 14.4% Increase in Q3
Filed Oct 09, 2006 at 3:29 PM ·
Foreclosure activity in September 2006 remained relatively strong with an estimated 103,000 properties entering some stage of the foreclosure process during the 30 day period. And while this represents a dip of about 10 percent in foreclosure activity compared with a near record previous month in August, it represents a 51 percent increase in foreclosure activity compared to September 2005.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+3 ·
REFINANCING WITH BATTERED CREDIT
Filed Oct 08, 2006 at 2:54 PM ·
Dear John: I am a homeowner in desperate need to refinance. But I have very poor credit because I've been laid off three times in six months. I could go into details but it would take a while. I was wondering if you knew of any private lending or mortgage companies that might help? J.J.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+3 ·
Slowing Housing Market to Put Damper on US Economic Growth
Filed Oct 05, 2006 at 3:32 PM ·
The current slowdown in the housing market could put a major dent in the U.S. economy during the second half of the year, Federal Reserve Board Chairman Ben Bernanke said yesterday. Answering questions after a speech, Bernanke said the housing market is undergoing a “substantial correction” that could cut 100 basis points from the nation's economic growth in the second half. The decline could last into next year, he added.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+6 ·
Lumber Prices Drop Sharply Amid Cooling Housing Market
Filed Oct 04, 2006 at 2:10 AM ·
Lumber prices have fallen to their lowest weekly level in nearly five years as the slowdown in the U.S. housing market dries up demand for building products.
As of Friday, weekly composite prices per thousand board feet of framing lumber had fallen to $274 from $401 a year earlier, according to Random Lengths, an industry newsletter. On an average monthly basis, prices are at their lowest levels since mid-2003.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+13 ·
Living the Housing Bubble
Filed Sep 29, 2006 at 12:19 PM ·
Writing about the housing bubble is one thing--we've been doing it for the last few years--and many times, even still, it's met with "incredulous eyes" when I mention it in some circles. Living it, however, is an entirely different experience and sets in motion a series of actions and reactions that cannot be viewed in a vacuum.
We're interwoven. Housing. Debt. The Consumer. The Market. The Dollar. Societal Acrimony. Risk Aversion. One big bag.
It's critical that we employ the proper context when discussing "housing."
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+7 ·
Bulls and Bubbles Are Not Synonymous
Filed Sep 28, 2006 at 5:18 AM ·
Chad Brand submits: All Ive heard recently in the financial media is that the housing bubble has finally burst. Its really quite comical.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+7 ·
Weiss Research Analyst Warns on Housing Market
Filed Sep 27, 2006 at 12:25 AM ·
As news spread of the first drop in existing home prices in over 11 years, the speed and severity of the downturn in the housing market surprised many Wall Street analysts
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+2 ·
An Eye On The Housing Market
Filed Sep 25, 2006 at 9:57 PM ·
(CBS) The once-booming housing market has slowed. The median price of a previously owned home fell for the first time in 11 years
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+7 ·
Record Number of Foreclosures on the Horizon
Filed Sep 21, 2006 at 5:43 PM ·
... What has happened is that a lot of the applicants are now in foreclosure, and represent about 70% of the foreclosures that are occurring in Denver. ...
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+1 ·
Housing Market Colors Holiday Retail Sales Forecast
Filed Sep 21, 2006 at 6:54 AM ·
... The problem, says Richard Hastings, an analyst with Bernard Sands, "is that the residential housing market stinks.". So although ...
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
|
|
