After a year of modest stabilization, the housing market is looking shaky again, For homebuyers and investors alike, there’s concern about a double dip. That’s bad for the real estate sector and the economy as a whole. Nevertheless, in some markets around America, prices have been stable over the past year.
Real estate website Zillow.com sorted through [...]
While some analysts speculate that the worst is over for the US housing market, new data suggests that a few cities are not that lucky. Just as equity investors worry about a “double-dip” in US stocks, several housing markets are already beginning to resemble this troublesome pattern of peaks and troughs.
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(Reuters) – The Obama administration has more work to do to help struggling U.S. homeowners, despite signs of a stabilizing housing market, a senior Treasury official said on Monday. Michael Barr, the Treasury’s assistant secretary for financial institutions, said in prepared remarks to state housing agency officials that the Obama administration’s housing policies “are helping [...]
In the depressed global real estate market, the amount of money invested in commercial and investment property fell sharply even in countries that received significant new foreign investment. Which countries had the most real estate investment during the past year? Click ahead to find out!
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The past two years have been tumultuous for the US Housing Market, with foreclosures on the rise and home values falling in most areas of the country, but how big have those changes really been and how does 2009 compare to 2008?
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Take a quick look at America’s hardest-hit housing markets, and you might think you’re looking at some once-in-a-lifetime bargains. Miami down by almost half from its peak? Las Vegas off 55 percent and Phoenix selling at a similar discount? Get your checkbook, you’ve got a McMansion to buy.
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A two-year bear market that ravaged global real estate stocks has petered out and a recovery is already underway in key Asian markets, with the United States and Europe to follow, Cohen & Steers said on Thursday.
The Asian real estate equities recovery would precede ones in the United States in 2010 and Europe in 2011, [...]
The last property Giovanni Isaksen bought to fix up and resell was a “nice house in a nice neighborhood.” An independent real estate investor in the Seattle area, Isaksen and his partner figured they could sell the house for about $850,000, so they budgeted for renovation accordingly.
But the market was strong, and soon it seemed [...]
President Bush today encouraged the American people to have confidence in the economy and said the U.S. government is acting to resolve the financial crisis and stabilize the markets. “We are a prosperous nation with immense resources and a wide range of tools at our disposal … We can solve this crisis and we will,” [...]
Just when you think the market is back . . . WHAM the government steps in! This time they bailed out AIG to the tune of 85 Billion of American Tax Payer Dollars!. This was almost too much as the next news that hit the market hard today was regarding a report on new home construction that showed that housing starts dipped to a 17-year low. So we watched the Market drop down 400+ points for the second time in the week which is driving more investors out of the market and into looking for real estate deals.
