Posts with tag double dip

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 »

Home prices in 11 key markets reached new lows in the month of January, according to housing data released Tuesday, rekindling fears of a double dip in the housing market. Of the 20 housing markets surveyed by the S&P/Case-Shiller Index, only two metropolitan areas -- Washington, D.C., and San Diego-- posted... Continue Reading »

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 »

The sky isn't falling just yet, but it may be wise to prepare the storm shed. Real estate analyst firm Clear Capital released new figures on Thursday suggesting that a double dip in housing prices is coming, but will not occur until at least spring 2011. This isn't cause for celebration, however -- it merely implies that... Continue Reading »

Thanks to the homebuyer tax credits, housing prices increased 7.9 percent quarter over quarter in the U.S., according to the Clear Capital Home Data Index. Clear Capital also believes there is a "cushion against potential future declines and the start of a double-dip." Adding to the good news, Clear Capital found that the... Continue Reading »