Posts Tagged ‘Housing Market’
Foreclosure Investors are Double-Edged Sword
The best and most expeditious way to clear the vast inventory of foreclosed properties weighing down today’s housing market is to get more investors in and sell them these properties at bulk discounts.
‘Robo’ Foreclosure Settlement Turns Political
If there is a deal, beyond the politics, it could have a larger effect on the state of the housing market and its recovery.
Buy a US Home, Get a Visa— But There’s a Catch
Home sales are bouncing along the bottom, home prices still haven't hit bottom, and government proposals to juice the housing market are simply falling flat. The one bright spot in the hardest hit markets is foreign investment.
Flood of Foreclosures Heading to Housing Market
New foreclosure starts rose sharply in August, signaling a slew of foreclosed properties will be dumped on the already bloated housing market in early 2012.
Another Federal Housing Bailout Won’t Happen
With home prices still falling, new mortgage delinquencies rising again, millions of mortgages already in the foreclosure pipeline, and consumer confidence in the housing market near nil, President Obama is expected to include some new housing fix in his post-Labor Day speech to the nation on jobs and the economy.
The Housing Market is Shrinking
What today's foreclosure headlines don't say is that while the percentage of the market that's distressed rose from a year ago, the actual number of distressed sales fell. The share only went up because the number of non-distressed sales fell, leaving the total pool smaller. And there's the biggest problem in housing today
Investors, Rentals and Ultimate Housing Recovery
The last, best hope for housing right now is robust investor activity. Unfortunately, investors may be pulling back on the housing market, despite a surge in rental demand and prices.
The Debt Crisis and Mortgage Rates
As we edge ever closer to next Tuesday, August 2nd, those of us who cover the housing market are trying to figure out what this will mean to mortgage interest rates. They are currently bouncing around historic lows and have been for some time. Refinances are surging, as the seven people left who haven't yet refied are scrambling to do so. But are we all worried over nothing?
Mortgage Interest Deduction Big in Budget Play
It's not like the housing market needs any more headwinds, so here's the government potentially giving us another: The mortgage interest deduction is back in big play in the budget deal.
Mortgage Bankers Reverse Course on Loan Limits
Lowering the current loan limits (a maximum of $729,750 in the most expensive markets) would really affect just 5 percent of the housing market, although that percentage is far higher in certain local markets. David Stevens says that's enough to hurt the overall market right now, and that we still need another year of recovery before we take such a risk.
