Posted by
admin on Dec 30, 2010 in
Economy |
0 comments
Home Prices Are Still Too High
via Peter Schiff: Home Prices Are Still Too High –...
The Case-Shiller Index posted awful numbers in its most recent reading. Each of the index’s 20 tracked markets showed home price deterioration between September’s and October’s respective report. Some markets fell as much as 2.9 percent.
The drop in values is nothing about which to panic,...
With 2010 coming to a close, the “experts” are out in full force, making predictions for next year’s housing and mortgage markets on business television and in the papers.
Predictions for 2011 are wide-ranging:
Some say home prices will rise in 2011
Some say home prices will fall in...
Like most housing data in November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling.
According to the U.S. Department of Commerce, sales of new, single-family homes increased to 290,000 in November on an annual basis, a figure equal to the New Home...
Mortgage markets worsened again last week as the holiday-shortened sessions did little to buck recent momentum. Although Freddie Mac reported mortgage rates dropping 0.02% from the week prior, loan officers on the street will report the opposite. Rates did not fall last week.
Conforming mortgage rates in...