HousingMarket - Articles

Will Mass. Foreclosure Ruling Send Market Downhill?

A court foreclosure ruling in Massachusetts last week will definitely influence the way banks deal with foreclosures in the future, but it could also button up home lending for the rest of us. The highest court in Massachusetts basically told two banks that they had no legal right to foreclose on two homes since they... Continue Reading »

Mortgage Refis Increase, Purchase Applications Fall

Mortgage refis are increasing again, as interest rates show no sign of dropping again. The Refinance Index rose 4.9 percent for the week ending January 7, as compared to the previous week, according to the Mortgage Bankers Assocation (MBA). The seasonally adjusted Purchase Index, an indication of existing home sales, fell... Continue Reading »

Real Estate 2011: No Rebound, No V

What's in store for real estate in 2011? The year 2010 was a terrible one for the U.S. housing market. We started the year with high hopes that since 2009 had been so shockingly bad, 2010 could only get better. Next came the euphoria of the first-time home buyer's credit. Then came the slide: We ended the year with... Continue Reading »

Housing Market Wavers at Year End

While a key housing market indicator rose slightly at the end of 2010, it wasn't the holiday gift the housing industry had hoped for. The mortgage application index, which reflects the number of mortgages initiated by new buyers and refinancers, increased 2.3 percent for the week ending December 31 after dropping 3.9... Continue Reading »

Housing Market 2011: A Spirited Dialogue

Rob Hahn and Jeff Corbett are partners in 7DS Associates, a strategic management consultancy focused on the real estate business. As industry insiders and observers, they agree on many aspects of the current housing market; they disagree on plenty of others. AOL Real Estate asked them to conduct a dialogue throughout this... Continue Reading »

Housing Market 2011 Forecast : The Appraisal Expert

What will the New Year hold for the U.S. housing market? It depends on who you ask. That's why AOL Real Estate has assembled an all-star panel of real estate mavens and moguls to discuss the questions that matter most to consumers. Should you buy, rent, sell or renovate in 2011? Will home values improve? Which way will... Continue Reading »

Housing Market 2011 Forecast: The Frequent Buyer

What will the New Year hold for the U.S. housing market? It depends on who you ask. That's why AOL Real Estate has assembled an all-star panel of real estate mavens and moguls to discuss the questions that matter most to consumers. Should you buy, rent, sell or renovate in 2011? Will home values improve? Which way will... Continue Reading »

Housing Market 2011 Forecast: The Real Estate Broker

What will the New Year hold for the U.S. housing market? It depends on who you ask. That's why AOL Real Estate has assembled an all-star panel of real estate mavens and moguls to discuss the questions that matter most to consumers. Should you buy, rent, sell or renovate in 2011? Will home values improve? And which way will... Continue Reading »

Case-Shiller: Home Prices Slump Across the Board

It may be a white Christmas, but all signs point to homeowners still treading in the red. Home prices in all 20 markets measured by the Case-Shiller Home Price Indices dropped in October, the latest month in which data was available. In fact, only the 10-City Composite and four metro areas, three of which are in... Continue Reading »

Housing Market 2011: A Spirited Dialogue

Rob Hahn and Jeff Corbett are partners in 7DS Associates, a strategic management consultancy focused on the real estate business. As industry insiders and observers, they agree on many aspects of the current housing market; they disagree on plenty of others. AOL Real Estate asked them to conduct a dialogue throughout this... Continue Reading »

Housing Market 2011 Forecast: Architect Sarah Susanka

What will the New Year hold for the U.S. housing market? It depends on who you ask. That's why AOL Real Estate has assembled an all-star panel of real estate mavens and moguls to discuss the questions that matter most to consumers. Should you buy, rent, sell or renovate in 2011? Will home values improve? And which way will... Continue Reading »

Housing Market 2011 Forecast : The Economist

What will the New Year hold for the U.S. housing market? It depends on who you ask. That's why AOL Real Estate has assembled an all-star panel of real estate mavens and moguls to discuss the questions that matter most to consumers. Should you buy, rent, sell or renovate in 2011? Will home values improve? And which way will... Continue Reading »

Housing Market 2011: A Spirited Dialogue

Rob Hahn and Jeff Corbett are partners in 7DS Associates, a strategic management consultancy focused on the real estate business. As industry insiders and observers, they agree on many aspects of the current housing market; they disagree on plenty of others. AOL Real Estate asked them to conduct a dialogue throughout this... Continue Reading »

Housing Market 2011: As Rough As 2010

Looking back on 2010, the year in real estate was, in a word, terrible. Property values continued to fall, foreclosures rose, and even the lowest interest rates in 50 years seemed to have little positive effect on the property market. For U. S. real estate, 2010 was the year of failed government intervention where nothing... Continue Reading »

Property Taxes Rise as Home Values Fall

With home values nosediving in many areas of the country, why are so many markets facing huge surges in property taxes? Charles Hughes Smith at our sister site, DailyFinance, takes an in-depth look at this seemingly backward phenomenon and explains why this paradox is unsustainable in today's housing market. Common sense... Continue Reading »

U.S. Home Sales Up -- to Australians

U.S. home sales are sagging -- but not with Australians, mate. "For the cost of a new car in Australia, you could own a home in the U.S.A," says Australian real estate agent Vincent Selleck (pictured left), who is on a campaign to recruit buyers from his country to invest in American homes that they can open up as... Continue Reading »

'General Hospital' Star-Turned-Realtor Offers Homebuyers Advice

Fans of General Hospital will probably recognize the man in this photo as Alan Quartermaine, the always charming but sometimes scheming doctor and member of one the wealthiest families in the fictional city of Port Charles. What he now hopes for you to recognize him as is a successful Realtor of multimillion dollar... Continue Reading »

Next Moves For Federal Housing Stimulus

Home-buyers have been enjoying rock-bottom mortgage interest rates. But several key factors threaten to disrupt the low rates, as well as the budding housing recovery. It has the makings of a perfect storm: The Federal Reserve may stop propping up the marketplace at the end of March. The home buyer tax credit ends April... Continue Reading »

HUD Head Sees Light

The foreclosure rate is down, home prices are up, and the government is finally getting tough with mortgage companies, according to the nation's top housing official. "We may be seeing the light at the end of the tunnel," Shaun Donovan, Secretary of the U.S. Dept. of Housing and Urban Development, told an audience of... Continue Reading »

Recession Got You Renting a Home?

The cat's outta the bag: owning a home isn't always sunshine and freshly-baked cookies. Foreclosures continue to rise across the country in what experts are calling a housing crisis. Unfortunately, despite help from the $8,000 tax credit to entice new buyers, the U.S. market continues to suffer. (Here are 10 cities... Continue Reading »

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