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One expert said this report makes it clear that we are well into a correction period for the new home market. New home sales retreat, signaling trouble ahead | 2018-11-28 | HousingWire Sign In
The only rational thing for any given housing market is for the median family to be able to afford the median home with a 30-year mortgage and 20 percent down. Otherwise, wages will be forced higher.
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U.S. housebuilding fell in June for a second consecutive month, with building permits also falling, in a possible sign of.
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Trouble ahead for the housing market. Sales volumes contract, mortgage bankers and realtors get laid off. Then the last year’s (in retrospect) really crappy mortgages start defaulting, the mortgage-backed bonds that contain their paper plunge in price, et voila, we’re back in 2008.
· She Predicted the 2007 Real Estate Crisis – and Sees More Trouble Ahead. By. Vito J. Racanelli. thousands of disparate U.S. housing data points to assemble her closely followed market.
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· The Housing Market Horror Story Isn’t Over Yet. The raw numbers show very good times for the U.S. housing market, one of the bulwarks of support for economic growth. Existing home sales rose for the second straight month in April and are tracking 6 percent above last year. New home sales shot up at their fastest pace in eight years.
What’s Ahead in the U.S. Housing Market and What is the Impact on Relocation? Posted by Meighan Dutt, senior client account manager, Guaranteed Rate Affinity. The following information is provided courtesy of our partners at Guaranteed Rate Affinity, with information from the National Association of Realtors .
· 3 Mostly Depressing Predictions for U.S. Housing Market in 2018 2017 is going out with a bang for the U.S. residential real estate market,
· That’s it in a nutshell. The problem is today we have government and bureaucrats pushing to loosen up underwriting standards again for the same reasons as last time. Government loan guarantors like Fannie, Freddie and FHA loans are exempt.