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Housing’s New Hope
A few positive readings in home sales and housing starts recently, topped off by today's 7.4 percent monthly jump in contracts to buy existing homes, are fueling what I dare say is a spark.
Housing’s New Hope
A few positive readings in home sales and housing starts recently, topped off by today's 7.4 percent monthly jump in contracts to buy existing homes, are fueling what I dare say is a spark.
Home-Sales Revisions to Hurt: More Distress in Market
The revisions don’t change sales on the ground today, but it remains to be seen how the perception of a deeper housing crash will affect home sales, prices and distress in the future.
Beware of the Big Bad Home Sales Revisions
We already know the housing crash was bad, perhaps the worst in history; tomorrow we will learn that it’s worse than we thought.
New Foreclosure Wave is Coming
Despite a seasonal slowdown in overall foreclosure activity, and a process still bogged down and backed up by the "robo-signing" processing scandal, the U.S real estate market is about to be hit by another surge of bank repossessions, according to a new report from the online foreclosure sale site RealtyTrac.
How Housing Plays Politics in 2012
Housing may have been the catalyst for the Great Recession, but it is not number one on America’s fix-it list for our next President.
Home Buyers Could Pay for Payroll-Tax Cut
At face value, it seems like an easy, albeit creative way to pay for the extension of the payroll tax cut. Raise the fees that banks pay mortgage giants Fannie Mae and Freddie Mac to guarantee home loans.
What Are Buyers Really Putting Down for a Mortgage?
Ask the Realtors, the Builders, even the Housing Reporters, and they'll all tell you that the biggest impediments to housing's recovery are higher credit underwriting standards.
Mortgage Modifications Wind Down As Foreclosures Heat Up
Mortgage modifications under the government's bailout program, permanent and trials, and as well as proprietary modifications made by the big banks continue to fall and are falling at an increasing clip.
