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Latest blogosphere posts tagged “housing market,”

  • For the U.S. housing market, the roller-coaster ride continues


    Consumer Reports Home & Garden BlogAuthority Authority: 135
    Many of the latest housing-industry numbers portray a still-battered market, though some of the housing news offers modest reasons to be optimistic. Sales of existing homes climbed 10 percent in October to a seasonally adjusted rate of 6.10 million units, according to the National Association of Realtors. That ...
    21 hours ago
  • 25% of Mortgages Underwater


    Mortgage Rate NewsAuthority Authority: 466
    Image via WikipediaAs the housing market continues to drag its feet toward recovery, there is increasing concern about the number of mortgages underwater. CNN Money reports on the number of homes that are suffering from negative equity:Almost 10.7 million U.S. mortgages were “underwater” as of September, said ...
    21 hours ago
  • More home foreclosures could be on the horizon


    HULIQ - Citizen News ReviewAuthority Authority: 673
    The housing crisis isnt over yet. Nearly one in every four mortgages are upside down, meaning homeowners owe more money than their home is worth, according to a report released Tuesday.
    23 hours ago
  • Home prices rise for 4th month in a row (AP)


    Northloop Neighborhoods - Community News & DirectoryAuthority Authority: 167
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    23 hours ago
  • Home sales at 2-1/2 year high


    Positive Economic NewsAuthority Authority: 121
    By Lucia Mutikani WASHINGTON (Reuters) – Sales of previously owned U.S. homes jumped last month to their highest level in more than 2-1/2 years, but a fall in an economic gauge was a reminder that recovery from recession would be patchy. Sales of existing home sales surged a record 10.1 percent month-over-month in ...
    1 day ago
  • Mortgage approvals edge up


    The Guardian - guardian.co.ukAuthority Authority: 986
    Mortgage approvals only increased by 165 in October, but the figure has almost doubled over the past year, the BBA says The number of mortgages approved by banks for house purchase rose by just 165 in October, but is almost double the figure for the same month last year, the British Bankers Association (BBA) said ...
    1 day ago
  • Monopoly board homes for sale


    The Guardian - guardian.co.ukAuthority Authority: 986
    Berkeley Homes Whitechapel is no longer as cheap as Monopoly suggests (£60) – and the latest development to spring up in the area proves it. Apartments in the luxury Sugar House start from £485,000 and go up to more than £1m for the penthouse pads. The gorgeous stone-carved grade II-listed building at 99 ...
    1 day ago
  • Interest rates, home values compel even single income households


    FP Trading DeskAuthority Authority: 570
    Unemployment in the United States may be on the rise, but low interest rates and more affordable housing appears to be encouraging households with only one income to jump into the market, says Stéfane Marion, the chief economist at National Bank Financial. Home resales in the United States rose 0.3% in September to ...
    1 day ago
  • US stocks gain on surprise home sales recovery


    Thaindian NewsAuthority Authority: 719
    New York, Nov 24 (DPA) US stocks surged Monday after the release of some surprisingly buoyant data on home sales.Existing home sales surged to 6.1 million units in October, the highest annualised rate since February 2007 and up 10.1 percent from September, according to the National Association of Realtors (NAR).The ...
    1 day ago
  • The first downturn of this depression is still continuing.


    InvestmentWatchAuthority Authority: 155
    For the great majority of Americans, especially Middle Class Americans , the first downturn is still continuing. For millions who have no jobs, vanishing savings, negligible income, no credit and cannot afford to even rent a house (and must live with family or friends) the downturn has become a depression. For such ...
    1 day ago
  • President’s Home Modification Plan: 6 Things You Want To Know


    loans-blogAuthority Authority: 148
    At the heart of the President Barack Obama’s ambitious plan to rescue the housing market is the notion that restructuring distressed homes will keep struggling homeowner’s in their homes and help insert a floor beneath plummeting property values. With $75 billion dedicated to reworking troubled loans, that’s a ...
    1 day ago
  • Tax Credit Expansion to Boost the Economy


    Atlanta Real Estate ForumAuthority Authority: 483
    It’s no secret that the tax credit for homebuyers was extended on November 6 as President Obama signed it into law. To most of us this is old news, but the National Association of Home Builders is spreading the word about the extension, as well as the details, since it has been expanded to include [...]
    1 day ago
  • Don’t Risk Missing Out On Historic Mortgage Interest Rates


    Mario GrecoAuthority Authority: 124
    Something rather amazing happened earlier this month: The average interest rate on a 30-year fixed-rate mortgage fell to 4.83 percent. That’s the lowest this figure has been in six months . This rate is also barely above the record low of 4.61 percent that we saw in March. And even if you didn’t take out a ...
    1 day ago
  • The future of new housing is -- foggy?


    The Housing Chronicles BlogAuthority Authority: 113
    It seems that one of the most important lessons that the country’s builders learned from the past downturns was to immediately react when the market turned with generous incentives, price cuts and, over time, a dramatically scaled-down industry with simplified product lines that are now affordable to almost 60% of ...
    1 day ago
  • Markets surge on home sales data, weak dollar


    DailyFinanceAuthority Authority: 805
    Filed under: Economy A report of better than expected housing data and a weak dollar sent major stock indexes soaring Monday. The Dow Jones industrial average rose 1.5% and the Standard & Poors 500 jumped 1.7% in early morning trading before retreating a bit before the close. The broad rally ended the markets ...
    1 day ago
  • October sales gains lift hopes for housing market


    Business Finance & Economy - business.marc8.comAuthority Authority: 166
    First-time buyers seized on a tax credit, combined with low mortgage rates and falling prices, to boost home sales in October to their highest level in 2 1/2 years.
    1 day ago
  • Monday Jumpstart to Personal Finance & Credit Report News


    Credit and Personal Finance Blog | Credit KarmaAuthority Authority: 495
    There are more signs of sunny skies breaking through the recession: stocks are surging after a recent report showing a big jump in home sales , up 10.1% in October since September, spurred by the updated and extended home buyer tax credit. Numbers like this renew the market’s optimism about the state of our ...
    1 day ago
  • Existing home sales jump 10.1% in October


    DailyFinanceAuthority Authority: 805
    Filed under: Economy The nearly year-long positive trend in the U.S. housing sector is continuing. Existing home sales surged 10.1% in October to a seasonally adjusted annual rate of 6.1 million units, the National Association of Realtors announced Monday. Thats the highest level for existing home sales in more ...
    1 day ago
  • Housing Prices Continue to Plummet Despite Extraordinary Government Intervention


    The Affordable Mortgage DepressionAuthority Authority: 117
    November 23, 2009 According to the National Association of Realtors (NAR) in October existing home sales rose 10.1% from September levels.  Relative to October of last year housing sales were up 24%.  These are impressive gains in an environment characterized by 10%+ unemployment. Even NAR recognizes the source ...
    1 day ago
  • Homebuilder Stocks Continue to Struggle


    Mortgage Rate NewsAuthority Authority: 466
    Image via WikipediaOctober building starts were markedly down, and homebuilders have been missing earnings marks. The fact that existing home sales surged in October was not much comfort to a housing market that is looking for improvement across a number of areas, especially home building. Even though the broader ...
    1 day ago

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