Tag Archives: housing
Rent for less in a boom market
Part of the fallout of the housing crisis means that rental demand is up – and so are prices. As home prices have been dropping and supply increasing, it’s a cruel twist for renters who are blocked from getting a mortgage because of bad credit to see… Continue reading
Chokeholds on a housing recovery
The housing crisis and resulting drop in home prices has cost $7 trillion in household wealth, according to a statement this month by the Federal Reserve. Despite recent upticks in sales, it’s only projected to get worse unless the increasing supply of… Continue reading
Can QE3 fix housing?
The Federal Reserve may decide at its meeting next week to give another boost to the housing market with a third round of quantitative easing.
Back in 2008, the Fed announced QE1 to keep interest rates low, which involved buying mortgage-backed securi… Continue reading
Next president’s to-do list
With the Iowa caucus behind us and the election year in full swing, what’s the No. 1 priority for the next president? According to the results of a survey by Trulia.com, a real estate website, it’s not the housing crisis. Lower unemployment and reducin… Continue reading
2012 housing outlook
Fasten your seatbelts for another “bumpy ride” in the housing market next year, says Freddie Mac’s chief economist Frank Nothaft.
The mortgage company, now administered by the government along with Fannie Mae, published its outlook for 2012. While mort… Continue reading
Housing crash dives deeper
The overstatement of existing home sales by the National Association of Realtors, NAR, may have caused a setback to the speed of a housing recovery.
Errors that began in 2007 and accumulated through the housing bust mean that home sales were actually 1… Continue reading
More Americans staying put
The number of Americans who moved in the past year was at a record low, not only as a result of the poor economy, but also putting a drag on further recovery.
From March 2010 to March 2011, a little more than 11 million Americans moved, according to U…. Continue reading
A bit of housing good news
How about a little good news on the housing front, for a change? Signs of economic improvement were reported in 30 housing markets, up from 23 markets a month ago, as tracked by the National Association of Home Builders, NAHB, and First American Financ… Continue reading
Homeownership dream fading?
Mortgage rates hit a new record low in last week’s Bankrate survey, but homeowners still aren’t biting, as proven by a drop in applications for new mortgages and refinance loans.
Homebuyers are holding back, for sure, as home prices keep falling and le… Continue reading
Fewer homes for sale
A decline in the number of homes for sale would seem to be a positive sign for the troubled housing market, but the traditional rules don’t apply these days.
Although housing inventory dropped in August to the lowest point so far this year — and dow… Continue reading