The Paris-based OECD released its 2012 economic survey. investment and on housing at the higher rate on equity-financed corporate investment while simultaneously lowering the corporate tax rate.
More sales, fewer homes on the market. In May 2011, the median time on market had been twice that – 46 days. “What a difference a year makes,” says Curt Beardsley, vice president of Realtor.com, speaking about the improvements the housing market has seen this.
Every day (for the past 3 years) we hear countless fairy tales why housing has bottomed and will improve any minute now. Just consider the latest kneeslapper from that endlessly amusing larry yun of the NAR, uttered just today: "pent-up demand could burst forth from the improving economy." Uh, right. Here’s the truth – it won’t and here is why, in 5 charts from Bank of America, so simple even.
Obama Housing Scorecard: Housing faces long journey ahead The latest data from the Obama Administration indicates housing is getting back on its feet. However, much like the last scorecard, these numbers are a reminder that the process is a slow one.
· Hopper says a gradual rise in mortgage rates won’t cause most prospective buyers to give up on homeownership. On a $300,000 home, an increase of.
We think 4% growth in prices is a reasonable expectation over the next year or two, particularly in light of the strange dichotomy between economic and housing data that could prevent more rapid.
But I am happy to say. during 2012 and 2013. We’re starting to see a reversal of that trend, with import prices no longer exerting downward pressure on inflation. And as the recovery proceeds and.
A more balanced housing market is on the way Decline in home prices to continue to 2011: Clear Capital Clear Capital(R) Reports Quarterly Home Price Decline Slows. – TRUCKEE, CA–(Marketwire – 06/09/11) – Clear Capital (www.clearcapital.com) today released its monthly Home data index (hdi) market report, with the news that U.S. home prices continue a.WANTED: A more balanced U.S. housing policy Clarine Nardi Riddle | Sep 01, 2000 As America’s population becomes more diverse, so too does its housing needs and preferences.
· The National Association of Realtors said that March pending home sales-as measured by single family homes and condos that went into contract for the month-increased 5.3%. This 21.1% above March 2009 and follows an 8.3% increase in February. NAR’s chief economist acknowledged that the increases in recent months were helped by the federal homebuyer tax credit,
NAR housing forecast: Look for a multi-year recovery Everyone knows that all real estate is local. As it turns out, so is the pace of the nation’s economic recovery. Nationally, the economy lost 8 million jobs during The Great Recession. Since 2010, it has gained 12 million. Dr. Yun Certain states and cities are boom-ing, while others lag behind.
House prices are predicted to improve in 2012, according to the NATIONAL ASSOCIATION OF REALTORS'(R) Chief Ecnomist (who by the way has historically been pretty pressimistic).
Zillow: Home price depreciation to worsen market into 2011 MIAMIDADE COUNTY RESIDENTIAL & COMMERICAL REAL ESTATE. Dade County, the national affordability index of 166.2 showed a much more affordable housing market. The Zillow Rental Price Index in the single. market. The The retail real estate market is divided into.