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Posts related to ‘Housing’

Ten Indicators Predicting No Double-Dip Recession (AAPL, CAT, JPM, BAC, AA, MMM, FDX, BRK-A)

Posted: October 28, 2011 at 6:43 am

The economy remains in a climate with a very weak recovery.  There is still some good news though.  All of the recent calls for a "double dip recession" grew too loud and are ...
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The American Cities Sunk by Underwater Mortgages

Posted: October 28, 2011 at 3:38 am

Earlier this week, President Obama announced he would extend the mortgage refinancing program in an effort to provide relief to homeowners whose mortgages are worth more than the value of ...
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Consumer Confidence at Three-Year Low

Posted: October 25, 2011 at 12:40 pm

US consumers simply don’t believe that the US economy is recovering. That shouldn’t be surprising, considering that wages are stagnant, unemployment remains above 9%, and the prospects for the US ...
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Case-Shiller Housing Price Gains Actually Losses

Posted: October 25, 2011 at 9:39 am

There is already a debate over whether or not the underwater mortgage bailout plan can do any good at all.  Now we have data from the S&P/Case-Shiller Home Price Indices that some ...
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The Debate About Whether the Underwater Bailout Plan Works

Posted: October 25, 2011 at 6:23 am

The new White House plan to help people with underwater mortgages is already a success or a failure, according to comments from the media and some housing experts. They cannot ...
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Expected Upside for Homebuilders and Home Improvement Companies (NVR, TOL, PHM, HOV, DHI, BZH, HD, LOW)

Posted: October 17, 2011 at 2:24 pm

Our look at stock target prices focuses on homebuilders and home improvement stores today. It is not news that U.S. homebuilders have had a very tough few years. In the ...
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Builders, Bankers Hit by Foreclosures (HOV, PHM, KBH, WFC, BAC, JPM)

Posted: October 13, 2011 at 8:39 am

The number of foreclosures filed in the third calendar quarter of 2011 totaled 610,337, an increase of less than 1% from the second quarter and a drop of 34% from ...
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States With The Highest (and Lowest) Homeownership

Posted: October 7, 2011 at 12:38 pm

The dream of owning a home has become increasingly unattainable for many Americans, and the situation is not likely to improve soon, as the collapse of the housing market and ...
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How Low Can They Go: 30-Year Mortgages Now Under 4.00%

Posted: October 6, 2011 at 1:07 pm

Rates are at an extreme low.  Too bad there are so many borrowers who cannot qualify or are too underwater in their existing mortgage to take advantage of this.  Freddie Mac ...
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No Home Price Recovery Until 2020 Puts Awful Weight on Economy

Posted: October 3, 2011 at 6:41 am

The U.S. economy cannot grow with the double burdens of an ongoing drop in home prices and unemployment that may hover above 8% for another two years. One or the ...
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Low Mortgage Rates Should Stimulate Home Market, But Do Not

Posted: September 30, 2011 at 6:28 am

The rate for 30-year fixed mortgages dropped to 4.01% this week. That is the lowest figure on record. A current home buyer could save tens of thousands, if not hundreds ...
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New Home Sales Continue to be Awful (KBH, LEN, PHM, DHI, TOL, NVR, BZH, XHB)

Posted: September 26, 2011 at 1:24 pm

Despite a near-compulsive search for good news from the US housing market, nearly every story contains more than enough dismal news to outweigh whatever good news there is. Generally the ...
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Double-Dip Alert: Foreclosure Pace Picks Up (TOL, DHI, NVR, LEN, PHM, MHO, RYL, BZH)

Posted: September 15, 2011 at 9:37 am

It appears that the slowdown in foreclosure filings has reached an end. Issues surrounding foreclosure processing, state foreclosure laws, and other court rulings are getting resolved and the pace of ...
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Census Data: Poverty Rates, Median Income Drops Get Worse & Worse

Posted: September 13, 2011 at 2:24 pm

The Census Bureau is out with the 2010 figures on income, poverty, and health insurance.  About all you can hope for is that 2011 is magically better than 2010 ...
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Restoration Hardware Returning to the Stock Market

Posted: September 13, 2011 at 9:45 am

Restoration Hardware Holdings Inc. has filed to come public via an initial public offering.  The long and short is that this should :filed to come public again!"  The company's most ...
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