Will the gains that the U.S. housing market made in 2012 and 2013 continue into 2014? As you’ll read below, the biggest threat to the housing market is moving in the opposite direction—against housing. Sure, the Case-Shiller S&P Home Price Index, which tracks prices in the U.S. housing…
The news headlines are saying the U.S. housing market is witnessing robust growth and flipping homes for profit is back. While many are now saying there is growth in the U.S. housing market and that it will continue, I disagree with them, based on many different factors…all of…
Let’s face it: the U.S. housing market is still under severe stress. No matter how the bulls may spin their argument, it’s far from a real recovery. The historical fundamental factors behind a typical housing market recovery are still missing. According to real estate information company Zillow, in…
The U.S. housing market is “hot;” home prices are going up and up. At least that’s what the mainstream’s saying. The S&P Case-Shiller 20-City Composite Home Price Index, considered a key indicator of the U.S housing market, increased to 159.18 in July. In June, it stood at 158.20.…
Finally, some good news for the U.S. economy? The National Association of Realtors (NAR) just reported July existing-home sales increased in the U.S. housing market to an annual rate of 5.39 million homes—up 17.2% from July of 2012. (Source: National Association of Realtors, August 21, 2013.) And those…
When I turn on the TV or read a newspaper, reporters are touting how robust the U.S. housing market has once again become. Voices on the radio “sing” a similar tune. Some are saying the “rebound” in the housing market will continue for a while. Charts of home prices…
Homebuilder stocks are heading into dangerous territory and investors need to take note—even if they don’t own these stocks—because the move to the downside for this barometer of activity in the U.S. housing market is significant. The most important factor that sets the fate of the homebuilder stocks…
The current market action will soon turn to selling. I’ve come to that conclusion because what the current stock market is doing is really not normal, and a correction will certainly come. I’m not saying the end is near. In fact, I feel there are more gains to…
The already struggling U.S. housing market recovery took it on the chin this week… While most investors were focused on the collapsing stock market, courtesy of the Fed’s announcement Wednesday that it would pull back on its $85.0-trillion-a-month paper money printing program some time later this year, bond…
The housing market simply isn’t improving at the rate many in the mainstream media are telling us. Home prices are still significantly lower than what they were during 2005 and 2006. On its own, there is no housing market recovery. All we are witnessing is the mere reflection…
The average American Joe isn’t participating in the U.S. housing market. As a matter of fact, according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, investors purchased 69% of “damaged” properties in April 2013, while first-time home buyers accounted for only 16% of “damaged” purchases. It is very…
The housing market is on full alert as interest rates are edging higher after the Federal Reserve said last week that it may have to reduce its bond buying each month. Data just came out from the Mortgage Bankers Association that showed the rise in the average contract…
It’s almost as if the mainstream media is defining the U.S. housing market as being “hot,” while some economists are calling for robust growth ahead. But the reality is that we are far from a recovery in the housing market and more troubles could follow. As I have…
A healthy housing market is essential to economic growth in the U.S. economy. But despite what we are hearing from the media, the housing market rebound is facing major headwinds. To start with, home prices in the U.S. housing market are nowhere close to their pre-crash levels. There…
I’m talking about the housing market and the continued recovery taking hold. The housing market is well off its early 2009 lows and is striving higher on the chart. The number of foreclosures across America is declining, and this is a good sign, as a high foreclosure rate…
My cousin and his family had to walk away from their house in Arizona. There were no buyers, and they were underwater after the market crashed. The whole thing was really hard on them on all fronts, and they had to move. They’re in Colorado now, closer to…
I may be the only one saying it: the rise in the U.S. housing market doesn’t look sustainable. One of the most critical components of the housing market I follow is first-time home buyers. Why? As I have said many times in these pages, they are the ones…
The housing market has clearly reached a bottom and is turning upward. After years of dismal sales, a lot of foreclosures and short sales, and declining home prices, there’s strong optimism, which has resulted in a sizzling demand for homebuilder stocks. The current situation has vastly improved to…
China is beginning to show renewed growth. (Read “China Showing Promise as Chinese Stocks Pick Up Steam.”). The country is driving stimulus spending and easy monetary policy to get its economy back on track and drive consumers to spend. And while there was talk of an asset bubble…
As I have written in these pages recently, the housing market is still missing the most important part: first-time homebuyers. We have large institutions buying up homes in bulk transactions instead of a good old-fashioned housing recovery where actual home occupants fuel the recovery. Financial institutions like The…