Lots of talk over the past few days about housing and its prospects for 2011. For the first time a few brace souls are coming out of the closet and proclaiming that while they might not be housing bulls quite yet, they think the worst is over. That doesn’t mean the bears have vanished though. […]
Posts Tagged ‘home prices’
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Housing And Deja Vu All Over Again
Posted by Tom Lindmark on December 28th, 2010
A couple of days ago I put up a post that reviewed returns on homes for the past decade. Here’s a bit more recent history via a great graph from CalculatedRisk.com. (click for a larger image) Pretty awful isn’t it? Basically, we’re going nowhere which shouldn’t be at all surprising. The similarity to the S&L […]
Homebuyer Tax Credit And Home Prices
Posted by Tom Lindmark on June 29th, 2010
Here’s a couple of quick takes on housing. Reuters reports that the House has extended the deadline for collecting the homebuyer tax credit from June 30 to September 30. The Senate is expected to follow suit. Expect lots of contracts to be backdated. There doesn’t appear to be any way to kill this thing. Don […]
Case-Shiller, FHA And Home Prices
Posted by Tom Lindmark on September 29th, 2009
I’ll jump back into posting with a few thoughts on housing. First, Case-Shiller as out with its July home price survey. It followed the trend of improving prices established over the last couple of months. Nationwide prices were up 1.6% and the number of cities showing price declines dwindled to just two. Here are the […]
Case-Shiller May Numbers Continue To Show Stabilization
Posted by Tom Lindmark on July 28th, 2009
The Case-Shiller numbers are out for May and they continue to show a slow improvement in the overall housing market. For May, 15 of the 20 cities managed to show either flat or monthly housing price increases. In April 9 cities were either flat or increasing. Even the cities showing declining prices are doing so […]
According To Case-Shiller House Prices Fall Slower
Posted by Tom Lindmark on June 30th, 2009
The Case-Shiller housing numbers are out and are being spun as showing signs of improvement. That like beauty is in the eye of the beholder. Here is Reuters report: Prices of U.S. single-family homes fell in April from March but the pace of the decline moderated, suggesting stability is emerging in some regions, according to […]
Why FHFA May Be Overstating Housing Price Increases
Posted by Tom Lindmark on April 23rd, 2009
If your wonkish side was troubling you over the disparity between the Case-Shiller price index and the FHFA price index here’s the reason for the different results. From the WSJ Real Time Economics blog: “The FHFA uses the prices of homes backed by mortgages sold or guaranteed by Fannie Mae and Freddie Mac, excluding refinances. That means it’s […]
