Look for the Fed to keep doing the same thing over and over and over again.
Post Tagged with: "home prices"
Housing prices reach record low under Obameconomy
Home prices continue to slump in the hope and change economy. Stagnant sales and low prices are expected to continue for at least the coming year. Look for Obama to offer something to bailout homeowners as the election progresses.
What If Housing Declines For A Generation?
A strong case can be made that the fundamental supports of the housing market– demographics, employment, creditworthiness and income–will not recover for a generation. – Of Two Minds
Home Prices Seen Dropping 10% in U.S. on Foreclosures
As many as 1.25 million of America’s least cared for homes are headed for auction after a year-long probe into foreclosure practices kept them off the market. – Bloomberg.com
Mortgage default warnings surged in August
The number of U.S. homes that received an initial default notice — the first step in the foreclosure process — jumped 33 percent in August from July, foreclosure listing firm RealtyTrac Inc. said Thursday.
Consumer confidence and housing market near record lows
How’s that hopey changey “fundamental transformation of America” working out?
Housing crash exceeds Great Depression
Using mortgages as a welfare program turned out to be long-lasting poison. [R]ather than the much-noted “double dip,” the housing crisis is actually in an alarmingly steady, though masked, free fall. – IBD
The Fannie Mae Mess
In a free market economy, when did anyone ever imagine that the government would “own or guarantee” the vast bulk of home mortgages? And why? This is the result of socialist policies that assert that everyone should have an imagined “right” to own a home when common sense says that not everyone could qualify for this.
Underwater Mortgages a Threat to Recovery; Expect No More Than 3% Growth Until Housing Recovers
Should that be the case, the revenue projections of President Obama, Paul Ryan, and the nonpartisan Congressional Budget Office are all hopelessly optimistic with obvious implications on the deficit, on interest on the national debt, and on long-term interest rates as well.
18 Reasons Why You Can Stick A Fork In The New Home Construction Industry
New home construction has always been one of the foundational pillars of the U.S. economy. When times were good new home construction would boom, and when times were bad new home construction would falter. Well, unfortunately the industry is stuck in the midst of a multi-year decline right now.