There’s encouraging news on the U.S. housing market on at least two fronts, with the national median sales price of existing homes rising over the last month, on the back of news that homes are now selling faster now than they were 12 months ago
Government Takeover Of The U.S. Mortgage Industry Is Almost Complete
August 7, 2012 by
Since the housing melt-down in 2008, Government domination of the U.S. mortgage market has grown exponentially. Virtually all private investment capital has disappeared from the mortgage industry, meaning that anyone who depends on home sales for a living is facing the prospect of their economic future being controlled by a small group of government institutions
June Home Sales Drop Exposes Weakness In Fundamentals
July 26, 2012 by
In the housing sector, a drop in home sales in June is as unexpected as congress voting themselves a pay cut. It simply never happens. Traditionally June is one of the best months of the year for home sales, but the fact that June sales numbers are down after several months of increases, tends to reinforce the fact that the underlying economic fundamentals continue to weaken.
Housing Set to Have a Big Impact on the Elections
June 14, 2012 by
Housing is normally not a push-button issue when it comes to presidential elections. However this November’s election is shaping up to be the exception. While at the moment the housing crisis is not the center of either President Obama’s or Mitt Romney’s campaign platform, several recent survey’s indicate it soon will become one whether they want to talk about it or not.
Housing Market Showing Signs of Recovery
June 6, 2012 by
Good news folks! Prime buying time has always been from late April to late July, and the latest statistics are showing that this particular spring season is looking like it will be the strongest in the six years since the market crash.
The Spirit That Conquered The West Is Still Alive – Home Builders Buy American
April 23, 2012 by
Leave it to the independent minded, “rough and ready” kind of people who choose to live in the West to “take the bull by the horns” and do their part to help revitalize the American housing market, and by extension the economy as a whole.
What “Affordability”?
March 30, 2012 by
If you’ve been scratching your head over claims that housing is “more affordable than ever,” you aren’t alone and, given the most up-to-date report on home prices, more scratchers could be joining you.
Cash Buyers Driving Sales In Housing Market
March 28, 2012 by
Many, if not most of the major markets across the U.S. are reporting an uptick in home sales activity. But these are not your new, first time home buyers with FHA loans that are driving this increase, it’s real estate investors and foreign buyers.
