The S&P Case-Shiller home price data for the first quarter of 2011 are so dreadful that nearly everyone agrees that the U.S. housing market is in the midst of a “double dip.” Curiously absent from many of these analyses is the role played by the federal government in helping to engineer a double-dip with its ill-devised homebuyer tax credit.
Many people think that loopholes are only for the rich, but there are tax loopholes for the poor, tax loopholes for married couples and tax.
What The Double Dip Recession Will Look Like In 2011 – Retail activity was helped somewhat by the capital available on these lines of credit in 2007, so store closings were probably deferred. sales will rise to 13 million this year. In a double-dip.
U.S. banks need more capital to withstand a renewed drop in the housing market, according to analyst Meredith Whitney. Banks aren’t prepared for a “double-dip” in housing, which “it looks like we are.
Nothing too fancy or hard to understand here. from the Just-released Case-Shiller index, it’s clear that the housing double dip is here. From the announcement: The chart (below) depicts the.
Downpayment requirements fall for 30-year, FRMs That’s why the average down payment falls below the 20% mark. So, in order to increase their loan volume, mortgage lenders offer some options for borrowers with limited funds. Continued: This article explains the minimum down-payment requirements for a 30-yearConstruction spending up 0.9% in May on surge in homebuilding Jobless claims fall by 12,000 filings Mortgage applications jump 21.7% on refinancing activity WASHINGTON – Mortgage applications continue to rise, reflecting a jump in refinancing and more. Lower rates are also supporting refinancing, typically a source of extra cash for consumers. "Housing.Large housing inventories to be sold at deep discounts in 2011: DBRS Ross is the largest off-price apparel and home fashion chain in the United States, with 1,409 locations in 37 states, the District of Columbia, and Guam, as of February 3, 2018.Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day.U.S. Construction Spending Unexpectedly Tumbles 0.9% In March – A report released by the Commerce Department on Wednesday showed an unexpected pullback in U.S. construction spending in the month of March. The report said construction spending slumped by 0.9 percent to an annual rate of $1.282 trillion in March after climbing by 0.7 percent to a revised rate of $1.293 trillion in February.
In this Nov. 4, photo, an open house sign is seen on the front lawn of a home for sale in Los Angeles. Home prices are dropping in the nation’s largest cities and are expected to fall through next.
LPS: Mortgage delinquencies down 10% According to LPS, 9.02% of mortgages are delinquent (down from 9.29% in October), and another 4.08% are in the foreclosure process (up from 3.92% in October) for a total of 13.10%. It breaks down as:Commercial mortgage-backed securities market at crossroads the mortgage-backed securities market. This market buys and sells “packages” of. to keep the mortgage-backed securities competitive with these Treasury bonds. When the 10-year treasury falls, mortgage interest rates also fall.. Bonds: The Building Blocks of Commercial Real Estate .AEI labels Johnson-Crapo the ObamaCare of GSE reform’ Specifically, the coalition opposes johnson-crapo’s plan to replace Freddie Mac and Fannie Mae with a new federal entity, the federal mortgage insurance corporation, which would explicitly guarantee trillions of dollars in mortgages and put millions of taxpayers at risk. View Full Article: Johnson-Crapo gse reform bill met With More Resistance
If you can offer a gig speed – because there are some customers that are willing to pay a premium for 500 meg to 1 gig speed and so forth. And so I expect that to be the case. We’re 2 or 3 years away.
· In his column on Monday, Paul Jackson presented his take on the likely double dip in the US housing market. This turned my attention to the usual.
D.C.’s housing prices are holding up so well because it’s a place with a vibrant and diverse economy, where talented people with options want – and can afford to — live.. Double Dip? Not.
· Letter of the day? W. Housing could take double dip down in 2010 By. SteveKerch. Asst. managing editor. SAN DIEGO (MarketWatch) — Despite signs of.
Editor Steve Christ takes a look back at five years of writing about housing to explain why a double dip in the market is inevitable. The Housing Double-Dip Can’t Be Stopped You must have.