Tag Archives: Double Dip

Why Today’s Housing Report Spooked Investors So Much

The good housing numbers are all up from a year ago: Sales, starts, building permits, prices, earnings. The bad numbers are down: Mortgage delinquencies, foreclosures, negative equity. So why are investors pulling out of the home builders today? And why … Continue reading

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Mortgage Rates, Mortgage Demand and Home Prices All Fall

When mortgage rates first fell below five percent in 2009, we called it an emotional landmark, a level that, while not significantly different from the previous week or month, would send up a flag to borrowers that it was time … Continue reading

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Investors, Rentals and Ultimate Housing Recovery

The last, best hope for housing right now is robust investor activity; I’ve been saying that for years. Unfortunately, investors may be pulling back on the housing market, despite a surge in rental demand and prices. The investor share of … Continue reading

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Housing’s Double Dip Part II: Rising Foreclosures

Just as we saw a double dip in home prices, we may be seeing another surge in foreclosures. And just as the home price scenario was caused by artificial government stimulus, in the form of the home buyer tax credit … Continue reading

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Mortgage Bankers Reverse Course on Loan Limits

It was barely a few months ago, albeit a few thousand degrees ago, that I moderated a panel of mortgage types from the major banks, including the Mortgage Bankers Association’s new president David Stevens, formerly FHA commissioner. Stevens and I … Continue reading

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Spring Housing Season

I don’t know what the official end of the Spring housing market is, but it seems as if the experts have called the close, and it ain’t great. Last week, after the folks at the vaunted SP/Case Shiller Indices put … Continue reading

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Spring Housing Ends on a Sour, Sinking Note

I don’t know what the official end of the Spring housing market is, but it seems as if the experts have called the close, and it ain’t great. Last week, after the folks at the vaunted SP Case Shiller Indices … Continue reading

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Metro Denver home prices rewind to 2001 levels

U.S. home prices continued to march lower in March and have entered “double dip” territory, according to the Standard Poor’s/Case-Shiller Home Price Indices. “Home prices continue on their downward spiral, with no relief in sight,” said David Blitzer, chairman of … Continue reading

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Cities that weathered housing bust now suffering – Daily News

<!—-> Published May 31, 2011 WASHINGTON — Even cities that weathered the housing market crash with relatively little damage are suffering now. Severe price declines have spread to Dallas, Denver, Minneapolis and Cleveland, which had mostly withstood the bust in … Continue reading

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Remodeling as a Housing Indicator

We’re always looking at indicators to see where the housing market is headed, like today’s reading of the Realtors’ “Pending Home Sales Index,” which measures contracts signed for home purchases, hence an indicator of future closings. We look at consumer … Continue reading

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