housing market

U.S. Home Prices Could Fall This Year

By Friday, February 6, 2015

Home Prices RisingAsk any professional involved in the real estate market and they will tell you that when interest rates are low, it’s a great time to buy. Lower interest rates mean higher affordability because mortgage payments are smaller.In December of 2014, the 30-year mortgage rate tracked by Freddie Mac stood at 3.86%—the lowest since May of 2013. (Source: Freddie Mac, last accessed January 27, 2015.)With mortgage rates in the. Read More

2015 Housing Market Forecast: “Dead Cat Bounce” to End This Year

By Wednesday, January 7, 2015

Housing MarketIn November, existing-home sales in the U.S. declined 6.1% from the previous month. They dropped to the lowest annual pace since May of 2014, falling to 4.93 million units from 5.25 million in October. (Source: “Existing-Home Sales Lose Momentum in November as Inventory Slightly Tightens,” National Association of Realtors web site, December 22, 2014.) December existing-home sales are yet to be released. The numbers for existing-home sales do not bode. Read More

Why the Housing Market Points to Very Weak 2015 Economy

By Monday, November 3, 2014

Housing Market Points to Very Weak 2015 EconomyThe chart below shows us that between April and August of this year, home prices in the U.S. declined. The S&P Case-Shiller Home Price Index is only released 60 days after each month’s end, so while data for September and October are not yet available, based on what I’m about to tell you, five years after the Great Recession, the U.S. housing market is on shaky ground again.According to. Read More

House Prices to Decline in 2015?

By Monday, September 15, 2014

House Prices to Decline in 2015As we progress to the end of 2014, my skepticism towards the U.S. housing market increases. In fact, the fate of home prices in 2015 is in question.I don’t expect an outright collapse of the housing market like the one we saw in 2007, but I see the momentum in housing prices that began in 2012 and picked up in 2013 dissipating for several reasons.First, according to Fannie. Read More

Another Warning Sign: Stocks Hit Highs on Collapsing Volume

By Friday, September 5, 2014

The Only Bear Left StandingSo the S&P 500 has touched the 2,000 mark.Will the S&P 500 continue to march to new highs?Well, my opinion towards the stock market hasn’t changed. I remain skeptical for a variety of reasons, many of which I have shared with my readers over the past few months.But I have a new concern about the stock market, something that hasn’t been touched on by analysts: trading volume. Read More

Why These Housing Stocks Are Still Attractive

By Friday, September 5, 2014

Why I Still Believe Housing Is AttractiveIn spite of some doom and gloom scenarios for the housing market, so far it has been full steam ahead as the sector continues to blaze along since bouncing out of the Great Recession in 2008.With interest rates and mortgage rates continuing to be relatively low, and with the jobs market producing more than 200,000 new jobs monthly, the ingredients are there for continued strength in the housing market,. Read More

How to Play the Strong Housing Data

By Friday, August 22, 2014

Strong Housing DataThe housing market picked up steam in July after some stalling in the first half of the year, which was negatively affected by bad winter conditions in the first quarter. Housing starts surged 15.7% to a seasonally adjusted 1.09 million units in July, the market’s highest production in eight months. This break of one million units is key. Plus, the lagging building permits number was equally strong at an annualized. Read More

Surprise: U.S. Housing Prices Now in a Decline

By Monday, August 4, 2014

Three Strikes Against the U.S. Housing MarketThe S&P Case-Shiller 20-City Home Price Index, a measure of the housing market in key American cities, declined in May by 0.31% from April—the first monthly decline in home prices in 27 months. (Source: Federal Reserve Bank of St. Louis web site, last accessed July 30, 2014.)The number of homes being built in the U.S. is also falling.  In June, the annual rate of new homes being built in. Read More

Setting Up for the Slaughter

By Wednesday, July 23, 2014

Stock Market Valuations Touching Historical ExtremesInvestors poured $4.3 billion into the SPDR S&P 500 (NYSE/SPY) last week, an exchange-traded fund (ETF) that tracks the S&P 500. For the week, ETFs tracking U.S. equities witnessed the most inflows in the last four weeks. (Source: Reuters, July 17, 2014.)And as investors continue to inject vast sums of money into the stocks, stock valuations are at historical extremes. When I want to see how expensive the stock. Read More

Why Higher Interest Rates Will Become a Necessity

By Monday, July 21, 2014

A Weak Economy Masked By an Artificial Stock Market RallyLet’s start with the U.S. housing market. Has the recovery for it ended or just stalled?My answer comes in one sentence: While it’s always a matter of location, only the high-end housing market is doing well, while the general market is weak.I can see it in the mortgage numbers. People just aren’t taking loans to buy homes in the U.S. economy. In fact, mortgage applications are tumbling.In. Read More

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From: Michael Lombardi, MBA
Subject: Golden Opportunity for Stock Market Investors

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