May 11th 2011 11:45AM
Nearly two years since the Great Recession officially ended, the housing market still shows few signs of picking up. And it could get worse before it gets better. Looking further back, home prices have now hit their lowest point in two years, falling 0.7 percent below March 2009 levels, according to a recent report by... Continue Reading »
Apr 27th 2011 7:33AM
Blame it on mortgage insurance rates. Mortgage applications dropped 5.6 percent from a week earlier as of April 22, reported the Mortgage Bankers Association. This coincided with a hike in FHA loan premiums -- over the past month, applications had risen as home buyers tried to beat the deadline. There also was no... Continue Reading »
Jan 28th 2011 3:56PM
Is the housing market experiencing a double dip? It depends who you ask. The latest data on home prices, including the influential Case-Shiller Index, indicates that values are falling again in almost every market across the nation. Then again, the Commerce Department recently reported that the sales of newly constructed... Continue Reading »
Dec 28th 2010 9:44AM
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 »
Nov 4th 2010 12:00PM
When Robert Shiller, Yale economist and co-creator of the revered S&P Case-Shiller index speaks, the real estate world listens. The last time the Case-Shiller housing price index came out, 12 of the 20 U.S. cities tracked showed decelerations -- meaning prices in those cities have been flat for more than a year. With... Continue Reading »
