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There is no "Free Market" Housing Solution
2 hours ago ago from Newgeography.com - Economic, demographic, and political commentary about places
The common line used by advocates of housing affordability has been that the solution lies in “free markets”. Yet this does not address the fundamental problem which is really a political one. This problem is particularly evident here in Britain, the leader in house price inflation and housing financial bubbles since the 1970s. In their recent report Global capital markets , the McKinsey Global Institute has confirmed what has been shown ...
Related contentRealty News: Areas To Recover Fastest
20 hours ago ago from Real Estate Power Investor Review
The prediction in realty news has been in stasis, and it is expected to remain like this for the foreseeable future. Some markets have been maintaining a status quo, and they can be used to show you where places will recover quickly, and this information can be used in your own business. The unemployment rates in these areas are lower then the national average, which helps the housing market to remain relatively stable. The cities are ...
Related contentStop The Mortgage Bailout!
3 hours ago ago from National Bubble
United Against The Housing Bailout: NationalBubble.com Patrick.net CreditBubbleStocks Global Economic Analysis Paper Economy Angry Bear Afferent Input GreatDepression2006 Seattle Bubble Bubble Meter SBBeachBubble Arcadia Housing Blog Dad Talk Portland Real Estate Outsider Countrywide Foreclosures Blog Bubble Markets Inventory Tracking DC Republican Plunge Protection Team Eye on Miami The Financial ...
Related contentA Mixed Picture for Home Sales
2 hours ago ago from SDB Finance Information
Unsold homes rose in November, but other data remain surprisingly strong. Will 2006 be the year analysts' gloomy predictions finally come true? Existing home sales fell 1.7%, to a 6.97 million rate, in November, following a 2.7% decline in October, to 7.09 million. The pace is a little slower than expected, and is below 7 million for the first time since March. Both single-family home and condo sales were soft, down 1.9% and 0.8%, ...
Related contentOn South Florida real estate continues fall
16 hours ago ago from mortgage refinance florida
What the analysts in South Florida provided about its housing crisis? Well, they say that is far from over. According to the National Association of Realtors, the worst part of the setback in U.S. housing is finished, but others are doubtful. The Realtors group said the annual growth rate in sales of existing U.S. homes will be 6.29 million in the first quarter, erasing the five consecutive quarterly drops. Approximately 15 percent of ...
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In the new era, old home price trend may not be the new home price trend
10 hours ago ago from BloggingStocks
Over generations, one truism of the U.S. housing market has been that mid-level home prices recover first, prior to the luxury market or upscale homes. And the logic implied in the above is obvious enough: there are more Americans in the middle-income market, hence there's a wider pool of eligible buyers, once these prospective buyers sense the time is right to purchase. The luxury market, because its drawing pool is so small, and ...
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