housing market

The Key Housing Bailout Questions No One Is Asking

admin_huliq — Thu, 25 Sep 2008 23:44:45 -0500

Here’s a heretical notion: How much CEOs get from the bailout doesn’t matter. It’s a smokescreen, red meat being tossed to the public to make it seem as though the bad guys won’t get away scott-free.

Economic Crisis Started with Bad Housing Loans

admin_huliq — Fri, 19 Sep 2008 07:55:47 -0500

The economic crisis has spread into many areas of the U.S. economy--banks, investment firms, insurance companies, and even the oil markets. But as VOA's Kent Klein reports from Washington, experts seem to agree that the trouble started with bad loans in the housing industry, and grew into a widespread crisis of confidence.

Is Housing And Real Estate Market Stablizing?

erku — Tue, 02 Sep 2008 07:59:28 -0500

There are plenty of people who will tell you that we are in a recession and several more who will tell you we are headed for some kind of new depression. They may ultimately be proven correct, but so far the economic statistics haven’t cooperated.

Still Looking for That Bottom in Housing

erku — Tue, 26 Aug 2008 10:55:05 -0500

A bevy of housing data has been released in the past 24 hours. Economists and analysts are busy analyzing the housing market data and attempting to search for that ever-elusive bottom in the housing market that is sure to save us all.

PPI Surges 1.2%, Housing Starts Plummet 11%

erku — Tue, 19 Aug 2008 10:46:16 -0500

US PPI was up 1.2% in July, with the core up 0.7%. If these numbers look unexpectedly high, you are not experiencing double vision, July PPI was twice what economists were expecting.

May Case-Shiller Data: 15.8% YOY Drop In House Prices

admin_huliq — Tue, 29 Jul 2008 09:42:29 -0500

We just got the latest S&P/Case-Shiller figures, this time for May. S&P/ Case-Shiller monitors 20 regions and all of them showed record decline in housing prices. Here is what the numbers showed:

Bad Graphs About The Housing Market

admin_huliq — Mon, 28 Jul 2008 12:54:48 -0500

Here's a few bad graphs about the state of the U.S. housing market from Calculated Risk on Homeownership and Vacancy Rates in the US, based upon latest figures. Here's the first really frightening one:

No One Knows Where The Housing Bottom Is

admin_huliq — Mon, 28 Jul 2008 11:29:41 -0500

A great quote in the New York Times by way of Naked Capitalism from one of my favorite authors, pundits, quants Nassim Taleb about those trying to make predictions in the current market:

Foreclosures Soar In US, Where Is Help?

admin_huliq — Fri, 25 Jul 2008 07:54:40 -0500

As foreclosures have soared by an astounding 120% in the past year, we ask if there is a light at the end of the housing market tunnel.

Housing bill finally getting passed? And at what cost?

admin_huliq — Wed, 23 Jul 2008 15:29:52 -0500

It looks like the long-awaited, long-debated housing bill will finally be passed and signed into law, according to the AP. As a reminder, this is the bill with various provisions related to Fannie Mae, Freddie Mac, the FHA loan program, and more. Here's an excerpt from the story:

Housing Bill Meets Bush's Dropped Opposition

admin_huliq — Wed, 23 Jul 2008 13:02:27 -0500

The housing bill, which is designed to provide government's support to rescue the struggling mortgage and real estate industry met today president George Bush's opposition, who has concerns about some aspects of the housing bill, but dropped it.

Does Hovnanian Stock Buy Indicated Housing Bottom?

admin_huliq — Thu, 10 Jul 2008 11:39:03 -0500

Could this be the bottom of the struggling housing market in USA as big investors buy back the stocks of their own companies? This is the case with Kevork Hovnanian buying back the stock of his own company Hovnanian® Homes sending the stock up to 22 percent higher in price.