· A booming and fluctuating oil and gas industry stimulated New Mexico’s housing market in recent years, causing shifts in home sales and valuation, particularly in areas known for extraction of oil and gas. This year, the number of sales throughout the state took a dip, but the value of the homes grew.
It’s safe to say that not a lot of investors were expecting double. and the housing market. But the expectation is no change at all in the current monetary policy, which will help mortgage rates.
FHA to deny mortgage backing for credit disputes above $1,000 Also in reimbursing the emergency fund*, FHA announced it would raise its insurance premiums starting April 1 too. Source: "FHA to Deny Mortgage Backing for Credit Disputes Above $1,000," HousingWire (March 26, 2012) and "Tougher Requirements Start Monday for FHA Mortgages," Tampa Bay Times (March 27, 2012) *
· By contrast, 12 metro areas fell to new lows, led by a 10 percent dip in Minneapolis. The 20-city index had peaked in the second quarter of 2006, when the housing market sizzled. It bottomed out in April 2009, started climbing again in early 2010 and has now dropped below the 2009 low.
Rising interest rates may cut banks mortgage future short In short, then, there is no reason to think that bank profits in general will increase either when interest rates rise, or when they fall. Cautious banks that keep their duration gaps short will.
“The housing market correction is in full swing but it probably has. “mark zandi, chief economist for Moody's Economy.com, said jobs. “Zandi sees a bottom for sales in spring as sellers become more motivated and start cutting prices.. ” Housing's double dip should not cause a double dip in the broader.
The small island nation of Malta has pulled ahead of pricey Hong Kong to become the world’s fastest growing housing market, according to a report from property consultancy. Compared to the rest of.
Number of Americans in foreclosure plummets: LPS Large housing inventories to be sold at deep discounts in 2011: DBRS · Inventory is the raw materials , work-in-process products and finished goods that are considered to be the portion of a business’s assets that are ready or will be ready for sale. Inventory.Still, LPS says the total number of delinquent loans is nearly 2.1 times historical averages, at 9.02 percent of outstanding home mortgage loans, while the nation’s foreclosure inventory is.
If the U.S. does double-dip back into recession later this year or early 2012 as many fear, it won’t be as bad as the 2007-2009 recession, economists say. Banks are better capitalized now, the housing market has rid itself of many bad mortgages and U.S. corporations have.
Shadow Inventory of Homes to Take Nearly 3 Years to Clear: S&P 10 days ago · Among property analysts who answered an additional question, 20 of 35, or nearly 60 percent, said it would take two years or more for the housing supply to reach adequate levels to.
Within the hoya capital industrial REIT Index, we track all thirteen industrial REITs, which account for roughly $100 billion.
Shadow inventory declines to five-month supply: CoreLogic April 09, 2014 CoreLogic: Home Prices Level Off, Shadow Inventory Down. home prices increased 12.2 percent in February compared to the same point last year, marking 24 months of consecutive year-over-year increases, but prices are expected to level off as home equity releases pent-up supply back into the market, analytics firm CoreLogic reported April 1 in its February Home Price Index.
Housing Market Forecast. Home sales in California are projected to rise to 428,300 units in 2018, a slight increase of 1.0 percent from 2017. Tight supply and low housing affordability continue to hinder market growth and put upward pressure on home prices. The statewide median price of existing single-family homes is expected to reach $582,000,
The latest housing report from Capital Economics garnered a lot of attention this. has recently entered a double dip is now worse than the Great Depression.. But this is for house prices, and not the housing market as a whole.. said accurate housing price record keeping did not start until the 1970s, and.