BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Is Now a Good Time to Invest in a Home?]]>http://www.bloggingstocks.com/2010/12/08/is-now-a-good-time-to-invest-in-a-home/http://www.bloggingstocks.com/2010/12/08/is-now-a-good-time-to-invest-in-a-home/http://www.bloggingstocks.com/2010/12/08/is-now-a-good-time-to-invest-in-a-home/#commentsFiled under: ,

A frequent question voiced in dinner party circles in this neck of the woods (the metropolitan New York City area) is, 'Is now a good time to consider buying or investing in a home?'

Well, the latest S&P Case Shiller home price index suggests that home prices are likely to remaining sluggish -- selected, niche market gains, with flattish prices in most other markets -- through at least mid-2011. Hence, from a home price standpoint, the bias in tipped toward waiting a quarter or two, if you do not have to purchase a home.

Continue reading Is Now a Good Time to Invest in a Home?

Is Now a Good Time to Invest in a Home? originally appeared on BloggingStocks on Wed, 08 Dec 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bond marketCase-Shillerfeaturedhousinghousing sectorinterest ratesmortgage ratessingle family homesWed, 08 Dec 2010 17:00:00 EST<![CDATA[Consumers Are More Upbeat, but Still Wary About Big Purchases]]>http://www.bloggingstocks.com/2010/12/01/consumers-are-more-upbeat-but-still-wary-about-big-purchases/http://www.bloggingstocks.com/2010/12/01/consumers-are-more-upbeat-but-still-wary-about-big-purchases/http://www.bloggingstocks.com/2010/12/01/consumers-are-more-upbeat-but-still-wary-about-big-purchases/#commentsFiled under: , , ,

According to the Wall Street Journal, the Conference Board reported that consumer confidence rose in November to 54.1, from 49.9 in October. Those people expecting conditions to get better rose to 16.7% from 15.8%. Those expecting conditions to worsen fell to 12.1% from 14.4%. The same ratios were found for job expectations.

On the other hand, the Case-Shiller composite index of home prices fell 1.5% in the third quarter from a year ago. The index showed an even further drop of 2% in the third quarter when compared to the previous quarter.

Continue reading Consumers Are More Upbeat, but Still Wary About Big Purchases

Consumers Are More Upbeat, but Still Wary About Big Purchases originally appeared on BloggingStocks on Wed, 01 Dec 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Case-Shillerconsumer confidencehome pricesinthenewsWed, 01 Dec 2010 12:30:00 EST<![CDATA[Case-Shiller Index Data Shows Home Prices Are Falling]]>http://www.bloggingstocks.com/2010/11/30/case-shiller-home-prices-falling/http://www.bloggingstocks.com/2010/11/30/case-shiller-home-prices-falling/http://www.bloggingstocks.com/2010/11/30/case-shiller-home-prices-falling/#commentsFiled under: , ,

home pricesAccording to Standard & Poor's (S&P) Case-Shiller home price index, home prices are falling faster in the nation's largest cities.

The index dropped 0.6% in September compared to August (some are reporting 0.7%), with 18 of the cities recording monthly price declines. The largest drop was reported in Cleveland, Ohio, which saw prices drop 3% compared to a month earlier. The only two cities where prices increased were Washington DC (thanks mainly to government spending) and Las Vegas (which has been battered in recent reports).

Continue reading Case-Shiller Index Data Shows Home Prices Are Falling

Case-Shiller Index Data Shows Home Prices Are Falling originally appeared on BloggingStocks on Tue, 30 Nov 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Case-ShillerClevelandhome priceshome saleshousinginthenewsLas Vegasstandard and poorsTue, 30 Nov 2010 11:30:00 EST<![CDATA[Chasing Value: No Double-Dip Recession]]>http://www.bloggingstocks.com/2010/09/01/chasing-value-no-double-dip-recession/http://www.bloggingstocks.com/2010/09/01/chasing-value-no-double-dip-recession/http://www.bloggingstocks.com/2010/09/01/chasing-value-no-double-dip-recession/#commentsFiled under: , , , , , , , , , , , ,

The most common question I get from friends, family, business associates and, well, everyone is -- Do you expect a double-dip recession? My answer is an unequivocal "No!"

This does not mean that I think we are going to experience a dramatic improvement in the economy. We are not. Many of my colleagues seem to oppose my view, so it is not without some trepidation that I take this stand. However, I see the glass half full. My view is that others are overly influenced by "group-think" and the calls of doom.

I do think that we are currently adrift in uncharted waters and we may have a faulty rudder, too. The biggest fear I have is that everyone jabbering about another deep recession may actually cause one.

The following supports why I feel, from what we know, that we are not destined for a double-dip recession:

Continue reading Chasing Value: No Double-Dip Recession

Chasing Value: No Double-Dip Recession originally appeared on BloggingStocks on Wed, 01 Sep 2010 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AIGamerican international groupBACBank of AmericaCCase-ShillerChasing Valuecitigroupdebatedebtdeficit spendingdouble dip recessionfeaturedGenerlaMotorsgmJP MorganJPMNational DebtrecessionTEFtelefonicawells fargoWFCWed, 01 Sep 2010 14:00:00 EST<![CDATA[Closing bell: Market Lacks Conviction, Again (AAPL, NOK)]]>http://www.bloggingstocks.com/2009/12/29/closing-bell-market-lacks-conviction-again/http://www.bloggingstocks.com/2009/12/29/closing-bell-market-lacks-conviction-again/http://www.bloggingstocks.com/2009/12/29/closing-bell-market-lacks-conviction-again/#commentsFiled under: , , , , , , ,

The DJIA has not moved much since mid-month and today was no exception with all three major indexes close to flat.

The Conference Board said that its Consumer Confidence Index rose to 52.9 for December, up from up from 50.6 in November. Both numbers are extremely low compared to a reading of closer to 90 in an expanding economy. The S&P/Case-Shiller index of home price rose a tiny .4% from September to October, but the most recent figure for the housing market was still down 7.3% from last year. Housing prices may be about to find a bottom, but, if so, the case for it is still shaky.

The unofficial closing bell numbers:

Dow 10,545.41 -1.67 (-0.02%)
S&P 500 1,126.19 -1.59 (-0.14%)
Nasdaq 2,288.40 -2.68 (-0.12%)

Continue reading Closing bell: Market Lacks Conviction, Again (AAPL, NOK)

Closing bell: Market Lacks Conviction, Again (AAPL, NOK) originally appeared on BloggingStocks on Tue, 29 Dec 2009 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>case-shillerconsumer confidenceConsumerConfidenceiphoneipodnokiaoilTue, 29 Dec 2009 16:20:00 EST<![CDATA[Home prices plunge record 18.5% in the past year, Case-Shiller says]]>http://www.bloggingstocks.com/2009/02/24/home-prices-plunge-record-18-5-in-the-past-year-case-shiller-s/http://www.bloggingstocks.com/2009/02/24/home-prices-plunge-record-18-5-in-the-past-year-case-shiller-s/http://www.bloggingstocks.com/2009/02/24/home-prices-plunge-record-18-5-in-the-past-year-case-shiller-s/#commentsFiled under: ,

Once again, there's been little change in the slump that's plagued the U.S. housing sector and economy for more than two years.

Home prices in the United States in 20 cities declined at the fastest pace ever in the past year, weighed down by foreclosures, and bank efforts to unload that housing.

Home prices in a 20-city sample plunged a record 18.5% in December 2008, on a year-over-year basis in, according to the S&P / Case-Shiller U.S. National Home Price survey. The index has fallen every month since January 2007. Home prices fell 18.2% in November, 18% in October, 17.4% in September, and 16.6% in August, each on a year-over-year basis.

Continue reading Home prices plunge record 18.5% in the past year, Case-Shiller says

Home prices plunge record 18.5% in the past year, Case-Shiller says originally appeared on BloggingStocks on Tue, 24 Feb 2009 15:07:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Case-Shillerhome priceshousinginthenewsmedian home pricesTue, 24 Feb 2009 15:07:00 EST<![CDATA[Record drop in home prices]]>http://www.bloggingstocks.com/2009/02/24/record-drop-in-home-prices/http://www.bloggingstocks.com/2009/02/24/record-drop-in-home-prices/http://www.bloggingstocks.com/2009/02/24/record-drop-in-home-prices/#commentsFiled under: , , , , ,

Home prices continued their downward spiral in the fourth quarter, posting a record drop in values.

One of the most widely watched indexes for home values is the Standard & Poor's/Case-Shiller U.S. National Home Price Index and, according to data released today, the index dropped by an amazing 18.2% during the fourth quarter when compared with the same period in 2007. This marks the largest quarterly drop in the 21 years that the index has been tracking home prices.

Continue reading Record drop in home prices

Record drop in home prices originally appeared on BloggingStocks on Tue, 24 Feb 2009 10:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Case-Shillerconsumer confidenceconsumer spendingConsumerConfidenceConsumerSpendingforeclosureshome valueshomesHomeValuesinthenewsObamaprice indexPriceIndexSPTue, 24 Feb 2009 10:50:00 EST<![CDATA[Closing bell: Stocks gain as housing, consumer confidence data ignored]]>http://www.bloggingstocks.com/2008/12/30/closing-bell-stocks-end-with-gains-as-housing-consumer-confidn/http://www.bloggingstocks.com/2008/12/30/closing-bell-stocks-end-with-gains-as-housing-consumer-confidn/http://www.bloggingstocks.com/2008/12/30/closing-bell-stocks-end-with-gains-as-housing-consumer-confidn/#commentsFiled under: , , , ,

It is a bit odd that when both consumer confidence and housing prices hit levels of virtual collapse the market does little other than move up.

The Conference Board said that its consumer confidence index dropped to 38, an all-time low. The Case-Shiller price index published today by Standard & Poor's showed that housing values in major metro areas dropped 18% in October compared to the same month last year.

The only plausible explanation for the market's indifference is the idea that all the bad news is already priced into equities. If so, trading may turn ugly early next year when stockholders find out this bad news is only the beginning.

Continue reading Closing bell: Stocks gain as housing, consumer confidence data ignored

Closing bell: Stocks gain as housing, consumer confidence data ignored originally appeared on BloggingStocks on Tue, 30 Dec 2008 16:16:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Case-ShillerConference BoardConferenceBoardfeaturedGMGMACTue, 30 Dec 2008 16:16:00 EST<![CDATA[Home prices plunge 17.4% in the past year, Case-Shiller says]]>http://www.bloggingstocks.com/2008/11/25/home-prices-plunge-17-4-in-the-past-year-case-shiller-says/http://www.bloggingstocks.com/2008/11/25/home-prices-plunge-17-4-in-the-past-year-case-shiller-says/http://www.bloggingstocks.com/2008/11/25/home-prices-plunge-17-4-in-the-past-year-case-shiller-says/#commentsFiled under: , , , ,

The plunge in U.S. home values continues. Home prices in the United States in 20 cities declined at the fastest pace ever, as foreclosures increased and banks sought to unload homes by selling at cut-rate prices.

Home prices in a 20-city sample plunged a record 17.4% in September, on a year-over-year basis in, according to the S&P / Case-Shiller U.S. National Home Price survey (pdf). The index has fallen every month since January 2007. Home prices fell 16.6% in August, on a year-over-year basis.

Further, prices in a 10-city survey also plummeted a record, 18.6%, on a year-over-year basis.

Economists surveyed by Bloomberg News had expected home prices in the Case-Shiller survey to decline 16.0-17.2% in September on a year-over-year basis.

The areas with the largest annual percentage declines were: Phoenix, -31-9%, Las Vegas, -31.3%, San Francisco, -29.5%, Miami, 28.4%, Los Angeles, -27.6%, and San Diego, -26.3%.

Continue reading Home prices plunge 17.4% in the past year, Case-Shiller says

Home prices plunge 17.4% in the past year, Case-Shiller says originally appeared on BloggingStocks on Tue, 25 Nov 2008 10:07:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Case-Shillerfeaturedhome priceshousingTue, 25 Nov 2008 10:07:00 EST<![CDATA[Home prices plunge 16.6% in the past year - finally approaching a bottom?]]>http://www.bloggingstocks.com/2008/10/28/home-prices-plunge-16-6-in-the-past-year-finally-approaching/http://www.bloggingstocks.com/2008/10/28/home-prices-plunge-16-6-in-the-past-year-finally-approaching/http://www.bloggingstocks.com/2008/10/28/home-prices-plunge-16-6-in-the-past-year-finally-approaching/#commentsFiled under: , , ,

The decline in U.S. home values continues. Home prices in 20 top U.S. cities declined at the fastest pace ever, on a year-over-year basis, as foreclosures increased and banks sought to unload homes by selling at cut-rate prices.

Home prices in a 20-city sample plunged 16.6% in August, on a year-over-year basis in, according to the S&P / Case-Shiller U.S. National Home Price survey (pdf). The index has fallen every month since January 2007. Further, prices in a 10-city survey plummeted a record 17.7% in August on a year-over-year basis.

Economists surveyed by Bloomberg News had expected home prices in the 20-city Case-Shiller index to decline 15.9-17.1% in August on a year-over-year basis.

Large price declines in western U.S.

The areas with the largest annual percentage declines were: Phoenix, -30-7%, Las Vegas, -30.6%, Miami, 28.1%, San Francisco, -27.3%, Los Angeles, -26.7%, San Diego, -25.8%.

Not one Top 20 metro area experienced a year-over-year increase in home values as of August and only two cities saw an increase in home prices in the month of August: Cleveland, 1.1% and Boston, 0.2%. Prices in Denver were flat in August.

Continue reading Home prices plunge 16.6% in the past year - finally approaching a bottom?

Home prices plunge 16.6% in the past year - finally approaching a bottom? originally appeared on BloggingStocks on Tue, 28 Oct 2008 11:41:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Case-ShillerCase-Shiller Home Price Indexfeaturedforeclosureshome pricesHomePricesmedian home pricesTue, 28 Oct 2008 11:41:00 EST<![CDATA[U.S. home prices plunge 14.4% and expected to decline further]]>http://www.bloggingstocks.com/2008/05/27/u-s-home-prices-plunge-14-4-and-expected-to-decline-further/http://www.bloggingstocks.com/2008/05/27/u-s-home-prices-plunge-14-4-and-expected-to-decline-further/http://www.bloggingstocks.com/2008/05/27/u-s-home-prices-plunge-14-4-and-expected-to-decline-further/#commentsFiled under: , , ,

The U.S. housing sector has registered another ignominious statistic. Home prices in a 20-city sample plunged 14.4% in March 2008 (PDF), on a year-over-year basis, according to the S&P / Case-Shiller U.S. National Home Price survey released Tuesday. Meanwhile, prices in a 10-city survey plummeted 15.3%.

It was the largest decline in the survey's 20-year history, Case-Shiller said.

Economists surveyed by Bloomberg News had expected home prices in the Case-Shiller 20-city survey to decline 14.2% in March 2008 on a year-over-year basis.

The areas with the largest percentage declines were: Las Vegas, -25.9%; Miami, -24.6%, and Phoenix, -23.0%. Only one city in the survey -- Charlotte, N.C. -- appreciated, with prices there rising just a scant 0.8%.

Percentage price changes in other major U.S. cities were as follows: New York, -7.4%, Los Angeles, -21.7%, Chicago, -10.0%, Boston, -5.9%, San Francisco, -20.2%, Washington, D.C., -14.7%, Miami, -24.6%, and Seattle, -4.4%.

Economic Analysis: Another horrible U.S. housing sector statistic, and the sector remains in deep recession. Economists differ regarding whether the U.S. housing sector has bottomed: some see a housing recovery as early as Q4 2008, while others say it won't start until mid-2009. In either event, it's going to be a while before new home builders can resume typical building schedules and get out there and make some money -- a fact that suggests U.S. home prices are likely to continue to decline for at least the next two quarters, and probably longer.

U.S. home prices plunge 14.4% and expected to decline further originally appeared on BloggingStocks on Tue, 27 May 2008 09:52:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Case-Shillerconstructionhome buildinghome constructionhome priceshousinghousing sectorinthenewsinventoriesTue, 27 May 2008 09:52:00 EST