Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices… Questions or comments? Click the comment link below and sound off. We’d love to hear from you.
Tide Turns for Housing
Jim Cramer of “TheStreet.com” explains why he thinks housing is finally making a turn for the better… Do you think housing is finally starting to make a turn for the better? We’d love to hear your comments. Click the comment link below and sound off.
Home Prices Drop for 2nd Straight Month
U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy. The Standard & Poor’s/Case-Shiller index released recently showed prices dropped in October from September in 19 of the 20 cities tracked. Prices in a majority of cities declined for the second straight month, […]
Home Prices Continue Four-Month Run of Gains
Home prices in the U.S. rose 0.8 percent between June and July, marking the fourth consecutive monthly increase, the Federal Housing Finance Agency (FHFA) said recently. The agency’s House Price Index (HPI) has been trending upward since April of this year. That string of gains is coming off a streak of declines that was three […]
Housing Recovery Increasingly Tied to Job Growth
Steps to limit price declines may have helped, but economic growth is now critical. Home prices in twenty major metropolitan markets dropped 1.3% from September to October, the third straight month-over-month drop, according to the December S&P/Case-Shiller home-price index released in late December. The decline erases a significant share of the modest gain in home […]
Prediction: Mortgage Delinquencies Will Decline in 2011
The annual consumer credit forecast from U.S. credit bureau TransUnion predicts a 20 percent drop in national mortgage loan delinquencies by the end of 2011. TransUnion predicts that the number of delinquent accounts — 60 or more days past due — will drop to 4.98 percent from an expected 6.21 percent at the conclusion of […]
Home Prices Show Signs of Revival
Home Prices Show Signs of Revival Spring is typically the season when people shop for houses. Many families like to complete their home purchase by the end of the summer so as to not uproot their children during the school year. And let’s face it: houses just look more enticing when flowers are out. But […]
Home Prices Show Signs of Revival
Home Prices Show Signs of Revival Spring is typically the season when people shop for houses. Many families like to complete their home purchase by the end of the summer so as to not uproot their children during the school year. And let’s face it: houses just look more enticing when flowers are out. But […]
1st Time Home Buyer and Home Seller Survey
1st Time Home Buyer and Home Seller Survey An recent independent survey of first-time home buyers and sellers revealed that more than 80 percent feel the current housing market is more affordable today than it was this time last year, despite the fact that 40 percent of all respondents are more worried about the economy […]