U.S. housing market
Tuesday, September 05, 2006
Closer to the bursting of the bubble...
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CNN reports on the latest report of the Office of Federal Housing Enterprise Oversight which shows the "the slowest quarterly (price)...
Monday, April 24, 2006
Mortgage rates at nearly 4-year high
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CNN/Money reports that the 30-year fixed-rate mortgage averaged 6.53% last week, "the highest level since July 2002." Other report...
Foreclosures and housing prices
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On April 21 NPR had a short "business story of the day" segment that highlighted that Colorado posted the highest rate of foreclos...
Saturday, March 18, 2006
Adjustable rates push mortgage delinquencies up
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USA Today reports on the increase in mortgage delinquencies, "4.7% in the fourth quarter, highest level since mid-2003." Part of i...
Thursday, March 09, 2006
Mortgage rates at 2-1/2 year high
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A significant one-week increase from 6.24 to 6.37% on the 30-year fixed-rate mortgage. I think that further increases are likely and will pu...
Saturday, March 04, 2006
What's happening to buyers and sellers?
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This New York Times article provides some insight into why prices haven't decreased significantly, despite the decrease in the demand fo...
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A housing boom for the ages
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The New York Times describes the changes in the real price of housing in the last four decades. Never in the last quarter-century has the Un...
Thursday, March 02, 2006
Home prices up 13% last year
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A quote from this CNN/Money article: "While (price) deceleration continues in some areas, appreciation generally is still extremely str...
Tuesday, February 28, 2006
Cancelled home orders: Latest bubble prick?
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Another sign of the slowdown of the market. I still think it's likely prices will decrease significantly in the next 12 months.
California home sales drop 24% in January
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Apparently that's big news, though unfortunately the CNN/Money article doesn't provide seasonally-adjusted statistics, so we don...
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