nytimes.com - 6/7/2009
—
HOME prices in the United States have been falling for nearly three years, and the decline may well continue for some time. Even the federal government has projected price decreases through 2010. As a baseline, the stress tests recently performed on big banks included a total fall in housing ...
freep.com - 6/13/2009
—
freep.com —
Metro Detroit home sales rose by 12.6% in
May as compared with last year, yet home prices...
continued their fall -- an indication that the market hasn't hit bottom yet. Overall, 5,955 homes were sold in May, compared with 5,288 sold in May 2008, ...
(more)
Home sales rise as prices keep falling | Freep.com | ...
Comments
Blog Reactions
Shiller: Home Prices May Keep Falling
Economist's View —
...
Why Home Prices May Keep Falling, by Robert Shiller, Commentary, NY Times:
Home prices in the United States have been falling for nearly three years, and
the decline may well continue for some time. ...
I promised myself I would not do this!
Lawrance G. Lux —
... Robert Shiller may not understand that the element he defines can spread across other economic decisions made. The most important may be Business Start-Ups, which is a major Job generator. Such Decision-making process may have already destroyed the Car companies, and Commercial building shows the same-type erosion. It is not a pleasant time to be in American Production, and many Americans are looking for Employment within areas least affected by market conditions, though these Jobs may pay substantially less both immediately and over the long-run. The entire Scenario leaves One ...
Sunday morning links
The Mess That Greenspan Made —
... influence to grow faster than most expect: Soros - Reuters • Merkel's inflationary fretting may wake bears from hibernation - Telegraph • Canadians angered over "Buy American" rule - Reuters • Mervyn King battles for control of his court - Telegraph • Ukraine's premier says coalition talks collapse - AP • Plunging assets cast gloom over UK pensions - FT • Iceland to repay £2bn UK savings - BBC HOUSING • Why Home Prices May Keep Falling - NY Times • The Five Waves Of The Housing ...
Shiller on more home price declines
The Mess That Greenspan Made —
In this NY Times op-ed, Yale economics professor and housing market guru Robert Shiller splashes some cold water on the recent housing market fervor in such places as Arizona. ...
Sunday links: EMH breakdown
Abnormal Returns —
... (Technical Take, Trader’s Narrative)
Is the high yield market no longer “distressed”? (MarketBeat)
Three steps to “save” the mutual fund model. (Morningstar)
Too much is made of the birth/death model. (Clusterstock)
The decline in housing is not yet over. (NYTimes, Clusterstock)
It is hard to describe ...
Why home prices change so slowly
Bubble Meter —
In Saturday's New York Times, Robert Shiller examined why home prices change so much slower than stock prices: ...
Related Content
Bright Side of Falling Home Prices
hf-implode.com 8/19/2009 —
Mortgages are not ethical documents, they are legal contracts. The typical residential mortgage for an owner-occupied home gives the borrower two options: pay on time and in full, and keep paper title to the house, and full entitlements to any appreciation upon its later sale after the ...
Home Prices Rise Across U.S.
online.wsj.com 7/28/2009 — Home prices in major U.S. cities registered the first monthly gain in nearly three years, according to a new report that provided fresh evidence that the severe U.S. housing downturn could be easing. Standard & Poor's Case-Shiller index, which tracks ...
Falling house prices drive up mortgage fraud
(AP)
news.yahoo.com 7/8/2009 — AP - Falling housing prices are driving up reports of mortgage fraud, with the FBI saying Tuesday that reported losses are up 83 percent last year and climbing even higher in 2009.
March 2009 Case Shiller Home Prices
mortgagenewsdaily.com 5/26/2009 — A national index of home prices reported on Tuesday that the average price for a home has fallen to a level consistent with the final quarter of 2002. The S&P/Case-Shiller Home Price Index ― which covers 20 metropolitan areas ― showed a price decline ...
The Problem Is Still Falling House Prices
online.wsj.com 10/4/2008 — A successful plan to stabilize the U.S. economy and prevent a deep global recession must do more than buy back impaired debt from financial institutions. It must address the fundamental cause of the crisis: the downward spiral of house prices that ...
NAR Quarterly: Home Prices Falling, Sales Rising
blogs.wsj.com 24 days ago — Foreclosures continue to drag down the housing market: Sales of distressed homes, which include foreclosures and short sales, made up 30% of the third quarter’s home purchases, according to data released by the National Association of Realtors on ...
Home Prices Continue Downward March
online.wsj.com 5/26/2009 — KERRY E. GRACE and KEVIN KINGSBURY U.S. home prices continued their multiyear tumble in March, according to the S&P Case-Shiller home-price indexes, as the downdraft shows no near-term signs of abating. Meanwhile, U.S. consumer confidence improved ...
Economic View
nytimes.com 10/11/2009 — THE sudden rise in home prices suggests that the psychology of the market has shifted substantially. But what should we expect in the months ahead? Not necessarily that we’re entering a new housing boom. To a large extent, where we’re heading depends ...
Follow WallStreetBlips on Twitter
