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Monthly Archives: October 2012
On Housing, Obama and Romney’s Plans Add Up to Zero
Neither campaign is addressing the one issue that’s both the culprit of the financial crisis and the key to our recovery For the last six months, Barack Obama and Mitt Romney have battled ferociously to be seen as the true … Continue reading
Posted in Home Building, Ping.fm, Real Estate, Warranty Service
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Bust To Boom: Why Housing Matters, Economically
The economy has peppered political speeches for much of the presidential campaign. But talk of creating jobs has stolen thunder from the housing market. The epic housing collapse four years ago was a key ingredient in creating the Great Recession … Continue reading
Posted in Home Building, Real Estate, Warranty Service, Yoono
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Downward Trend in Costs
We’ve totaled up all the claims paid and accruals made by all reporting manufacturers, and divided the totals by the amount of product revenue reported by these same companies, during each of the past 38 quarters. Over that nine-and-a-half-year … Continue reading
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New Home Sales Continue Improvement
September new home sales increased 5.7% to an annual rate of 389,000, the highest level since the home buyer tax credit expired in early 2010. The three-month moving average of new home sales has increased steadily for over a year … Continue reading
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10 metros with the fastest-growing house prices
The U.S. housing market in September was 43% of the way to a return to full health, according to online real estate marketplace Trulia. Foreclosure rates rose and sales of existing homes fell slightly, according to Trulia’s monthly Housing Barometer, both of which reflect … Continue reading
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Recovery tracks to a September uptick
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A Tepid Economy Shouldn’t Hold Housing Back Next Year
Just as the forecasting season is about to kick into gear, a consensus of sorts seems to already be emerging about where new-home construction is likely to land in 2013. In its September forecast, Fannie Mae saw single- and multifamily home starts rising … Continue reading
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From Dirt to Drywall, the Stock Market Clearly Believes in a Housing Recover
I’d like to share some great analysis done by Rick Palacios Jr, a Senior Research Analyst at my firm,John Burns Real Estate Consulting: It’s no news that homebuilder stock prices have more than doubled over the last year, but did … Continue reading
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Real estate: It’s time to buy again
Castleman is in a unique position to know. As the founder and CEO of a company called Metrostudy, he’s spent more than three decades tracking real-time data on the country’s inventory of new homes. Each quarter he dispatches 500 inspectors … Continue reading
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Falling mortgage rates having little impact on economy
NEW YORK (CNNMoney) — Falling mortgage rates fueled by the Fed are having only a limited impact on the economy, said Federal Reserve Bank of New York President William Dudley Monday. While the Fed’s stimulus policy is working, even more … Continue reading
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