commercial and residential Real Estate prices have been falling for three years now and these things do not tend to reverse themselves quickly Economist Robert Shiller Economics professor at Yale University tells CNN that the recent boost in consumer confidence won't link to a turnaround in the housing market.On the other hand while confidence is up unemployment is rising sharply we are at 9.5 % and it will even rise higher . Nouriel Roubini talks about 11% unemployment in 2010...
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Showing posts with label Housing Market. Show all posts
Showing posts with label Housing Market. Show all posts
Tuesday, June 16, 2009
Monday, June 15, 2009
The Housing Market May Have Bottomed
the U.S. housing market May Have Bottomed , we are still at a low level but there some few positive signs deposit trends traffic agreement its the soft feel from sales , it feels that cancelation is going down , still a lot of pain to come to the housing market , still a lot of foreclosures still a lot of pricing pressure ...we are not going down but there is still a long way uphill towards a Recovery
Labels:
Housing Market
Thursday, June 11, 2009
Mortgage crisis explodes Foreclosures Exceed 300,000
Hyperinflation, THE WORST IN HOUSING YET TO COME? Are we on the brink of COLLAPSE?
What happens if interest rates go much higher BEFORE THE HOUSING MARKET BOTTOMS? Is money moving out of treasuries because the worst is over for the equity market OR BECAUSE THE WORST IS COMING FOR THE TREASURY BONDS???? THE FED SHOULD RAISE RATES NOW!!!!
Interview and discussion with Rick Sharga of the RealtyTrac. He talks about foreclosure data and the housing crisis. (Bloomberg News)
Labels:
Foreclosure,
Housing Market,
Mortgage
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