Category Archives: National Real Estate

I think I can, I think I can

Posted on January 30, 2012 by grim
Posted in Economics, Housing Recovery, National Real Estate | 103 Comments

From CNN/Money: The housing recovery that wasn’t Over the past few months, a spate of good news about the U.S. housing market has led some to think a recovery is finally on the horizon. The evidence is compelling. It now … Continue reading →

Why do we keep believing we can fix housing?

Posted on January 23, 2012 by grim
Posted in Economics, Foreclosures, Housing Bubble, Housing Recovery, National Real Estate, Risky Lending | 153 Comments

From the WSJ: Economists See Ways to Aid Housing Market he underpinnings of a housing recovery are hiding in plain sight: sharp price declines, low mortgage rates and rising rents have made owning more affordable than renting in a growing … Continue reading →

CoreLogic: November home prices down 4.3% (0.6% excluding distressed homes)

Posted on January 10, 2012 by grim
Posted in Foreclosures, Housing Recovery, National Real Estate | 164 Comments

From HousingWire: Home prices decline 4.3% in November: CoreLogic Home prices nationwide fell 4.3% year-over-year in the month of November, according to analytics firm CoreLogic in its November Home Price Index. Santa Ana, Calif.-based CoreLogic said home prices declined 1.4% … Continue reading →

Just a little more 2012 prognostication

Posted on January 6, 2012 by grim
Posted in Economics, Housing Recovery, National Real Estate | 150 Comments

From the Ledger: Real Estate May Begin to Come to Life in 2012 The housing market — staggering under a slow economy and still paying for the excesses of the boom years — may start to stir to life in … Continue reading →

Housing Bailout #307b – “Sacrifice for the greater good”

Posted on January 5, 2012 by grim
Posted in Economics, Foreclosures, National Real Estate, Risky Lending | 220 Comments

From HousingWire: Bernanke calls for nationwide REO rental program The government should consider helping the nation’s vacant, unsold stock of foreclosed properties by supporting initiatives to occupy. Federal Reserve Chairman Ben Bernanke believes that one aspect should be a government … Continue reading →

Rent or buy? Either one it seems.

Posted on January 3, 2012 by grim
Posted in Economics, Housing Recovery, National Real Estate | 136 Comments

From HousingWire: S&P: Buying, renting costs draw closer An index from Standard & Poor’s shows a narrowing gap between the cost of buying a house and renting. David Blitzer, chairman of the company’s index committee, said the rent-buy price ratio … Continue reading →

2012 – Year of the bottom in housing?

Posted on January 2, 2012 by grim
Posted in Housing Recovery, National Real Estate | 121 Comments

From the Star Ledger: The new year could bring opportunities for home buyers; market expected to improve by mid-year Are we at the bottom of the housing market? It’s the primary question on the minds of real estate agents and … Continue reading →

November Contracts Surprise – But can we believe the numbers?

Posted on December 30, 2011 by grim
Posted in Economics, Housing Recovery, National Real Estate | 135 Comments

From the WSJ: Pending-Home Sales Hit 19-Month High The housing market showed signs of improvement as the number of Americans signing contracts to buy existing homes increased in November to the highest level in 19 months. The National Association of … Continue reading →

Time: What mattered in 2011 – Grim: What really mattered in 2011

Posted on December 29, 2011 by grim
Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 133 Comments

From Time: 5 Events that Really Mattered for Housing in 2011 – and Beyond Government, the mortgage industry and forces of nature all shook the housing market in 2011. They had both an immediate impact and slow-burning effects, setting the … Continue reading →

October Case Shiller due in at 9

Posted on December 27, 2011 by grim
Posted in Employment, Housing Bubble, Housing Recovery, National Real Estate | 123 Comments

From Bloomberg: Home Prices in U.S. Cities Decline More Than Forecast, Case-Shiller Says Residential real estate prices dropped more than forecast in the year ended October, showing a broad-based decline that indicates the housing market continues to be weighed down … Continue reading →

FHFA: October prices continue to dip

Posted on December 23, 2011 by grim
Posted in Employment, Housing Bubble, Housing Recovery, National Real Estate | 100 Comments

From Bloomberg: U.S. Home Prices Fell 2.8% in October From Prior Year, FHFA Says U.S. home prices fell 2.8 percent in October from a year earlier, the Federal Housing Finance Agency said, as foreclosures continued to depress real estate values. … Continue reading →

The Day Realtors Rewrote History

Posted on December 21, 2011 by grim
Posted in Employment, Housing Bubble, National Real Estate | 134 Comments

Well here it is folks, the day that the Realtors finally tell us what really happened when the bubble burst. This isn’t a surprise, they were caught publishing all sorts of incorrect (dare I say intentionally misleading) data during the … Continue reading →

Home prices to lag inflation (that means home prices are still falling)

Posted on December 9, 2011 by grim
Posted in Employment, Housing Recovery, National Real Estate | 68 Comments

From the WSJ: Inflation Rate Seen Outpacing Home Prices for Years The ailing housing market is unlikely to return to health before 2016 and is weighing on the two-year-old U.S. recovery, which finally is showing signs of picking up steam. … Continue reading →

US Bank vs Guillaume – Serious legal issue or nitpicking over a irrelevant detail?

Posted on December 6, 2011 by grim
Posted in Foreclosures, National Real Estate, New Jersey Real Estate | 79 Comments

From HousingWire: New Jersey foreclosures wait in the wings as court deliberates key case Hundreds of New Jersey foreclosure cases are waiting in the wings for the state’s Supreme Court to issue what will be a landmark decision in the … Continue reading →

“People need to feel like they’re getting a great deal.”

Posted on November 30, 2011 by grim
Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 88 Comments

From the WSJ: Home Prices Edge Downward Home prices declined in September and are poised for a grim winter as banks step up their efforts to take back and sell foreclosed properties. Prices fell 0.6% from August, according to the … Continue reading →