Jul 7th 2011 12:10PM
The average consumer expects home prices to decline by at least 0.5 percent in the next 12 months, according to a new monthly consumer survey from Fannie Mae. That forecast reverses the trend from May, when most consumers interviewed by the government-sponsored enterprise said that they expected at least a slight home... Continue Reading »
May 16th 2011 10:44AM
Homebuilder confidence remained flat in May, as tight credit and a glut of distressed properties on the market continue to deflate expectations. The National Association of Home Builders/Wells Fargo Housing Market Index, which gauges builder confidence on three criteria -- current home sales, projected sales in six months... Continue Reading »
Nov 30th 2010 3:52PM
An unstable housing market may have plunged the U.S. economy into a tailspin, but according to Steve Goldstein at MarketWatch, the recovery may no longer be dependent on the health of the real estate market. Are we seeing, for the first time, a departure from the kind of rhetoric that defined the American Dream? Has the... Continue Reading »
Jul 27th 2010 4:39PM
A leading index of property values jumped 4.6 percent in May as compared to May 2009, the largest year-over-year increase since August 2006. However, most analysts agree that the jump shown by the S&P/Case-Shiller index was largely attributable to the $8,000 federal homebuyer tax credit, which required a signed... Continue Reading »
