Tag Archives: Mark Hanson

Home Builder Stocks Soar as Housing Battles Back

But not all are bullish on the builders, especially those that concentrate in the formerly hard hit housing markets like Arizona and California. Inventories are low in these states and prices are surging largely because of huge investor demand for … Continue reading

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Housing Recovery ‘Fundamentally Strong’: Lennar CEO

Miller also said he is not concerned by the huge number of investor-owned single-family rental homes. He believes that renters may end up as buyers of these homes, but others are not so sure. (Read More: Housing Recovery Leaves Some … Continue reading

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Is the Refi ‘Apocalypse’ Really Upon Us?

In Bethesda, Maryland, Apex Home Loans CEO, Craig Strent, says a rise in rates could actually bring in more business in the short term. “There is a huge population that have benefitted from adjustable rate mortgages. When the rates adjusted, … Continue reading

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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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Home Improvement Shows Gains—But May Not Last

The nation’s largest home improvement retailer, Home Depot, surprised the Street on Tuesday, beating profit estimates for the last quarter. It is also raising earnings outlooks for fiscal 2012. It’s banking on continued improvement in market share and in the … Continue reading

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Where Are the Move-Up Home Buyers?

Housing has never been more affordable, and yet home ownership is still falling and more Americans are renting. The supply of homes for sale is down 24 percent from a year ago, according to the National Association of Realtors, but … Continue reading

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Why Drop in Foreclosures Is Bad for Housing Market

In a normal housing market, lack of supply is generally considered a good thing. When demand outweighs supply, home prices rise and homeowners gain equity. Like so many things in this historic economic recovery, that premise doesn’t exactly apply. This … Continue reading

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When Foreclosure Supplies Fall, the Bottom Falls Out of Housing

Growing activity in the spring housing market brought new growth in home prices, but those gains are growing ever more precarious because they are dependent on low-priced, distressed properties. While prices in the past three months rose 1.7 percent on … Continue reading

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As Foreclosures Stall Again, Warnings of Housing ‘Paralysis’

In an unexpected reversal, both newly started foreclosures and finalized foreclosures dropped precipitously in February. So-called foreclosure starts fell 15.2 percent month-to-month. Foreclosure sales, the final stage of the process (not sales of already bank-owned properties) fell 19 percent month-to-month, … Continue reading

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Investors Swarm Housing, Raising Concerns

The number of homes sold to investors more than doubled last year, as rising rents and low-priced distressed properties fueled demand. Investors, half of them using no mortgage, bought 1.23 million homes in 2011, a 65 percent jump from 2010, … Continue reading

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