|
|
-
+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
-
+25 ·
Housing Foreclosures Jumped 90% in May
Filed Jun 13, 2007 at 4:00 PM ·
U.S. home foreclosures in May jumped 90% from a year earlier, reflecting a poor spring
housing market and foreshadowing even higher levels later in 2007, real estate data firm RealtyTrac said on Tuesday.
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
-
+26 ·
US Housing Market Likely to Fall 1%, Hasn t Happened Since 1930s
Filed May 11, 2007 at 5:15 PM ·
The National Association of Realtors in the United States says problems in the residential property market are worse than it thought. Instead of the average, existing house declining 0.7% this year as it predicted, the drop is likely to be closer to 1%, says the NAR. Not since the ’30s has this happened, it noted.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+14 ·
Another Take On the Housing Boom Aftermath
Filed May 11, 2007 at 5:15 PM ·
The premise of the book appears to be that, despite the mania associated with rapid economic change, where businessmen, investors, and much of the public lose their collective heads bidding up share prices for railroad companies or dot coms, technological innovation proceeds at a rapid pace and after the inevitable popping, something good is left behind.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+9 ·
Real Estate Group Lowers Expectations for Housing Market
Filed May 09, 2007 at 4:54 PM ·
A real estate trade group has lowered its expectations for the housing market this year.
The National Association of Realtors says it expects existing home sales of 6.29 million in 2007, lower than the sales of 6.48 million in 2006. It cites stricter lending standards and fewer mortgages for borrowers with poor credit.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+25 ·
Save The House, Save The World
Filed May 09, 2007 at 4:54 PM ·
No matter how supernatural you’re abilities, you can’t erase the devastation that soon unfolded: in 1989, when Japan’s housing bubble burst, the market dove into a deep recession with a 70% drop in value; economic contraction followed with a 80%-plus crash in the Nikkei stock index and a decade-long depression that turned the once luxurious properties of ole into seedy “love hotels” and mafia hide-outs.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+12 ·
US foreclosure rate doubles in a year
Filed May 09, 2007 at 4:54 PM ·
U.S. homeowners entered the foreclosure process last month at more than double the rate of a year ago as tightening credit made it more difficult to refinance and a swelling supply of unsold homes made it tough to sell.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+21 ·
Securitizers Who Made Housing Bubbles Now Hide Big Losses
Filed May 01, 2007 at 5:53 PM ·
The Spring months are likely to see extremely large securities losses breaking out in "mortgage-backed securities" (MBS) which have been the international banks' essential tool in creating the now-exploding U.S. and other housing bubbles. These losses, which various investment bank reports are now estimating at up to $100 billion, may, in fact, become much larger than that, as the fall in home prices accelerates.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
-
+28 ·
Flippers Flop as Housing Market Cools
Filed May 01, 2007 at 5:53 PM ·
An inside look at the once-hot Las Vegas real estate market and how home flippers are getting burned.
Permalink · Send to Friend · Comment
·
reddit
·
Digg it
·
del.icio.us
More >>
|
|
