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[One in Five U.S. Mortgages Are 'Under Water']]>http://www.bloggingstocks.com/2010/02/10/one-in-five-u-s-mortgages-are-under-water/http://www.bloggingstocks.com/2010/02/10/one-in-five-u-s-mortgages-are-under-water/http://www.bloggingstocks.com/2010/02/10/one-in-five-u-s-mortgages-are-under-water/#commentsFiled under: , , ,

Has the housing market hit bottom? According to Zillow Real Estate Market Reports, the answer is no. Zillow does predict the bottom will come in the second half of 2010.

There are a host of complex factors weighing on the market. Among them are:

  • More than one-fifth (21.4%) of American single family home mortgages are "under water." That means that the homeowner owes more on the mortgage than the house is worth.

Continue reading One in Five U.S. Mortgages Are 'Under Water'

One in Five U.S. Mortgages Are 'Under Water' originally appeared on BloggingStocks on Wed, 10 Feb 2010 12:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>foreclosureshome valueshousing bubblehousing marketinthenewsunderwater mortgagesZillowWed, 10 Feb 2010 12:20:00 EST<![CDATA[Housing sales come back, led by first-timers]]>http://www.bloggingstocks.com/2009/08/23/housing-sales-come-back-led-by-first-timers/http://www.bloggingstocks.com/2009/08/23/housing-sales-come-back-led-by-first-timers/http://www.bloggingstocks.com/2009/08/23/housing-sales-come-back-led-by-first-timers/#commentsFiled under: ,

It looks like the housing market is coming back, but there's still reason to be careful. In July, home resales had their highest monthly increase in at least a decade. The rush is driven in part by a tax credit that expires on November 30, 2009. The rate of sale grew 7.2%, ahead of expectations.

Last month, sales hit a seasonally adjusted annual rate of 5.24 million in July -- up from a 4.89 million in June. This is the fourth month in a row in which seasonally adjusted sales increased, and it was the strongest growth rate since August 2007. A Thomson Reuters survey had forecast 5 million, but the reality exceeded that.

Continue reading Housing sales come back, led by first-timers

Housing sales come back, led by first-timers originally appeared on BloggingStocks on Sun, 23 Aug 2009 11:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>home priceshome sale trendshome saleshome valueshousing bubblehousing markethousing priceshousing saleshousing sectorinthenewsmortgage ratesmortgagesSun, 23 Aug 2009 11:10:00 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[Home prices continue to drop, but is it really a bad thing?]]>http://www.bloggingstocks.com/2009/02/12/home-prices-continue-to-drop-but-is-it-really-a-bad-thing/http://www.bloggingstocks.com/2009/02/12/home-prices-continue-to-drop-but-is-it-really-a-bad-thing/http://www.bloggingstocks.com/2009/02/12/home-prices-continue-to-drop-but-is-it-really-a-bad-thing/#commentsFiled under: , , , , ,

Home prices drop in fourth quarterWe all know that the real estate market is in trouble, and another sign of just how bad things are came out today as the National Association of Realtors announced another steep drop in home prices during the fourth quarter.

The NAR started keeping comprehensive data on home sales back in 1979, and in that time period there has not been another quarter that saw home prices drop as much as they did in the fourth quarter of last year. So just how much did values drop? A massive 12.4%.

Continue reading Home prices continue to drop, but is it really a bad thing?

Home prices continue to drop, but is it really a bad thing? originally appeared on BloggingStocks on Thu, 12 Feb 2009 17:04:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>californiacreditcredit marketsCreditMarketsforeclosureshome priceshome valuesHomePricesHomeValuesinterest ratesInterestRatesinthenewsmortgagesNARNational Association of RealtorsNationalAssociationOfRealtorsnevadaThu, 12 Feb 2009 17:04:00 EST<![CDATA[Pending home sales rise in December, according to NAR]]>http://www.bloggingstocks.com/2009/02/03/pending-home-sales-rise-in-december-according-to-nar/http://www.bloggingstocks.com/2009/02/03/pending-home-sales-rise-in-december-according-to-nar/http://www.bloggingstocks.com/2009/02/03/pending-home-sales-rise-in-december-according-to-nar/#commentsFiled under: , , , , , , , ,

The troubled housing market got a bit of good news today, as the National Association of Realtors stated that pending home sales rose during the month of December.

According to today's report, pending home sales increased by 6.3% in December, coming off an all-time low that it set in November. The news comes as potential home buyers are starting to show interest in deeply-discounted homes.

Continue reading Pending home sales rise in December, according to NAR

Pending home sales rise in December, according to NAR originally appeared on BloggingStocks on Tue, 03 Feb 2009 16:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>d.r.hortonDHIearningsearnings reportsEarningsReportsgood newsGoodNewshome saleshome valuesHomeSalesHomeValueshousingpending home salesPendingHomeSalesTue, 03 Feb 2009 16:30:00 EST<![CDATA[Falling home prices hit one California town hard]]>http://www.bloggingstocks.com/2008/11/11/falling-home-prices-hit-california-town-hard/http://www.bloggingstocks.com/2008/11/11/falling-home-prices-hit-california-town-hard/http://www.bloggingstocks.com/2008/11/11/falling-home-prices-hit-california-town-hard/#commentsFiled under: , , , , , , , ,

As home prices continue to weaken, more and more homeowners are facing the real possibility that their homes will wind up "underwater" before the market starts to rebound. Of all the areas in the country that are facing tough times, the worst of times are being felt in the California city of Mountain House.

So what exactly does it mean to have your house underwater? Simply put, a mortgage goes underwater when the balance a homeowner owes on his house is more than the house is worth.

Just how bad has the situation gotten in Mountain House? The figures are staggering. According to figures released yesterday, roughly 90% of all homeowners in Mountain House are now facing mortgages that are underwater. Nine out of every 10 homeowners woke up this morning facing the fact that their home values have been in free fall and there is little that they can do to correct the current situation.

Continue reading Falling home prices hit one California town hard

Falling home prices hit one California town hard originally appeared on BloggingStocks on Tue, 11 Nov 2008 14:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Californiahome priceshome saleshome valuesHomePricesHomeSalesHomeValueshousinginthenewsmortgagesMountain HouseMountainHouseTue, 11 Nov 2008 14:10:00 EST<![CDATA[According to Buffett, America is already in a recession]]>http://www.bloggingstocks.com/2008/03/03/according-to-buffett-america-is-already-in-a-recession/http://www.bloggingstocks.com/2008/03/03/according-to-buffett-america-is-already-in-a-recession/http://www.bloggingstocks.com/2008/03/03/according-to-buffett-america-is-already-in-a-recession/#commentsFiled under: , , , , , , ,

Over the past six or eight months we have heard more and more chatter about the dreaded "R" word. The dreaded "R" word being recession, and depending on who you listen to, you have either been laughing at the possibility of America sliding into a recession, or you have been preparing for the inevitable.

Well, now, trusted billionaire Warren Buffett has come out and stated that America is already "essentially" in a recession. Buffett is basing his stance on numbers he has seen from his retail business that show a significant slow down in spending. While he has stated that we have basically already entered into recessionary times, he stopped short of predicting just how bad things would get.

While we may not be technically in a recession period, according to Buffett, we are in the middle of a commonsense recession. Not only does he see retail spending on the decline, but also pointed to the fact that an untold millions of Americans have had the misfortune of watching their homes shrink in value, a scenario that has yet to reverse.

Continue reading According to Buffett, America is already in a recession

According to Buffett, America is already in a recession originally appeared on BloggingStocks on Mon, 03 Mar 2008 15:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>$100 oil$100OildollareconomyeuroGDPhome valuesHomeValueshousinginthenewsoilrecessionWarren BuffettWarrenBuffettyenMon, 03 Mar 2008 15:38:00 EST