|
|
-
+13 ·
Market Watch: Housing's Batting Average Sinks Fast
Filed Jul 31, 2007 at 9:34 PM ·
The news for homebuilders, homebuyers, and investors has followed a downward trajectory for the two years since then. In fact, you might say housing was now hitting below the infamous Mendoza line. That's baseball talk for a batter hitting below .200. For instance, from its peak above 1,300 in July 2005, the S&P Homebuilder's Index is now below 575. And home prices are dropping like stones, as shown by the latest numbers from the S&P/Case-Shiller index. This bad news for homeowners causes larger problems for the U.S. economy.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+2 ·
Black & Decker profit slips, housing market weighs
Filed Jul 27, 2007 at 3:31 PM ·
Black & Decker Corp. on Thursday said its second-quarter profit fell 22%, hurt by commodity inflation and declines in hardware and home improvement, and said earnings for the rest of the year would be pressured by the weak housing market.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+3 ·
Dow Plunges 400 Pts on Credit Concerns
Filed Jul 27, 2007 at 3:31 PM ·
Wall Street suffered its biggest plunge of the year Thursday, leading global markets lower as investors fled stocks amid increasing uneasiness about the mortgage and corporate lending markets. The Dow Jones industrials fell more than 430 points, while Treasury yields plunged as investors moved money into bonds.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+4 ·
Today's Housing Bubble Post - New Home Sales Plunge
Filed Jul 27, 2007 at 3:31 PM ·
Sales of new homes fell in June by the largest amount in five months as the housing industry continued to struggle with its worst downturn in 16 years.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+19 ·
Analyse This: US Housing Crisis Is Not Over
Filed Jul 27, 2007 at 3:31 PM ·
As the US housing market crisis deepens in the months ahead, fingers will be pointed at those who might have contributed to the earlier housing bubble.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+10 ·
Market Woes Hammer KB Home
Filed Jun 29, 2007 at 1:28 PM ·
KB Home continued the streak of disappointing homebuilder earnings, reporting an unexpected second-quarter loss due to very large land impairment charges.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+14 ·
Toll sees no housing jump before April 2008
Filed Jun 29, 2007 at 1:28 PM ·
"I see no reason to expect a change in confidence until probably April '08, when the candidates will fairly well be settled for the presidential election and we'll start to listen to speeches about how we'll get better," Robert Toll, the company's chairman and chief executive, said at the Reuters Real Estate Summit.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+7 ·
US MBA's Mortgage Applications Index Fell 3.9% Last Week
Filed Jun 29, 2007 at 1:28 PM ·
The refinancing index dropped 2.5 percent, to 1731.6, the lowest level so far this year, from 1776.8. The share of applications for refinancing rose to 38.7
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+14 ·
'Austrian School' of Economics Makes a Comeback
Filed Jun 27, 2007 at 4:19 PM ·
The post-stock bubble rate cuts may have in turn created a housing bubble whose consequences haven't fully played out.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+2 ·
New Home Sales Fall, US Housing Market to Remain a Drag
Filed Jun 27, 2007 at 4:19 PM ·
U.S. stocks were mixed and trading in a volatile atmosphere on Wall Street after the opening bell on Tuesday behind the report that the new home sales pace dropped to a projected 915,000 for the year in May, from 980,000 in April, report MarketWatch and other news agencies.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+5 ·
Slumping housing market hammers Lennar
Filed Jun 27, 2007 at 4:19 PM ·
National homebuilder Lennar Corp. on Tuesday announced dismal second-quarter earnings, as the housing market continues to "deteriorate."
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+3 ·
US housing market continues to deteriorate
Filed Jun 27, 2007 at 4:19 PM ·
The US housing market is continuing to deteriorate after a string of figures today showed a larger-than-expected drop in the sales of new homes along with a fall in the prices of existing homes.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+26 ·
AP Column: Stock market's gains don't reflect weakness in US economic growth
Filed May 22, 2007 at 9:00 PM ·
The stock market's stunning gains in the last year make it easy to assume these must be the best of times for the U.S. economy. But government GDP figures tell quite a different tale.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+47 ·
Economists worry about housing market
Filed May 11, 2007 at 5:15 PM ·
But the steep slide in the once-booming housing sector has raised concerns among some economists that the slowdown could worsen into a more severe downturn.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+8 ·
US freezes interest rates despite inflation concerns
Filed May 11, 2007 at 5:15 PM ·
It said the slowdown in the housing market, the main drag on the US economy, was "ongoing" - implying that such problems could continue for a while yet.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
|
|
