ata released by Lender Processing Services LPS Tuesday puts the number of home mortgages that are delinquent or in foreclosure at 6,350,000.
via DS News
Jun 03
Here are some charts showing nominal and real (CPI inflation-adjusted) housing declines in 20 Case-Shiller metro areas. Charts are grouped by 10 least expensive and 10 most expensive areas. Additional tables show housing declines from the peak. An explanation follows the charts.
Jun 03
- Faced with a “double dip” in the nation’s housing market, buyers and sellers are hoping home prices have finally bottomed out.
Home prices have hit another new low, down to levels not reached since 2002.
via- WISC Madison.
Jun 02
Home prices hit new lows in March, falling past the bottom reached two years ago and renewing concerns about the economys ability to fully recover from the grip of recession.
via - latimes.com.
Jun 01
Below are three graphs showing nominal prices (as reported), real prices and a price-to-rent ratio. Real prices are back to 1999/2000 levels, and the price-to-rent ratio is also back to 1999/2000 levels.
via Calculated Risk
Jun 01
The National Assn. of Realtors says its index for pending home sales fell 11.6% from March and 26.5% from a year earlier, a sign of weakness as the spring shopping season starts.
via - latimes.com.
Jun 01
Even cities that weathered the housing market crash with relatively little damage are suffering now.
Severe price declines have spread to Dallas, Denver, Minneapolis and Cleveland, which had mostly withstood the bust in housing since 2006.
May 31
An index of home prices in the nation’s largest American cities plumbed new depths in March, pushing past a low set during the worst of the Great Recession.
via – latimes.com.
