5
posted by
warrenbuffet
5 days ago
in AUD, Housing
made popular 5 days ago
Housing affordability remains at a 24-year low and is unlikely to significantly improve in the short term even if mortgage rates fall, the Housing Industry Association warns.
8
posted by
warrenbuffet
8 days ago
in USD, Special, Housing
made popular 8 days ago
More borrowers with good credit are defaulting on their home loans, and that's going to make it even harder for the staggering housing market to recover.
6
posted by
ooogleemooglee
9 days ago
in USD, Fundamental, Housing
made popular 9 days ago
Rising prices and sluggish income growth along with soaring initial jobless claims highlighted the week's economic reports. Stocks and bonds ended with the S&P 500 Index up 2.9 percent to 1,296 (for a year-to-date total return of –10.9 percent) a
9
posted by
MarcB
13 days ago
in USD, Fundamental, Housing
made popular 13 days ago
Hovnanian Enterprises Inc., New Jersey's largest homebuilder, cut the number of unsold houses by more than 50 percent over the past two years after lowering prices and still had 1,500 on its books as of April.
6
posted by
warrenbuffet
20 days ago
in GBP, Fundamental, Housing
made popular 20 days ago
U.K. house prices declined the most in almost two decades in July and consumer confidence fell to a record low as the economy edged closer to a recession.
11
posted by
pippinallnite
23 days ago
in GBP, Fundamental, Housing
made popular 23 days ago
The pound fell against the euro and the dollar and gilts rose after U.K. house values dropped in July by the most in at least seven years, increasing concern the economy is headed toward a recession.
8
posted by
odell
24 days ago
in USD, Fundamental, Housing
made popular 23 days ago
Losses from the U.S. housing slump may more than triple from current levels, said John Stewart, chief executive officer of National Australia Bank Ltd., which July 25 boosted credit provisions more than fivefold.
8
posted by
odell
24 days ago
in USD, Fundamental, Housing
made popular 23 days ago
Even as a huge bipartisan majority in the Senate voted yesterday to send a sprawling housing bill to the White House, economists, consumer advocates and other analysts said the package of programs for struggling homeowners and shaken mortgage len