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Shah Gilani: Forget about optimistic headlines on the housing market. Whether it’s record low mortgage rates, improvement in the Case-Shiller Index, higher housing starts, or any other report, Read more…
Andrew Snyder: The nation’s housing market is in shambles. But as Washington passes the buck to Wall Street, it’s about to get even worse. After nearly 10 years of government manipulation, the fate of the nation’s housing market (NYSEARCA:IYR) once again lies in the hands of capitalism. We’ve gone Read more…
Mike Larson: What was one of the best performing sectors in late 2011 … and the first several days of 2012? Would you believe HOUSING?? The Philadelphia Housing Sector Index, or HGX plunged to 73.65 in October. But then it started rising, ultimately tagging 109.65 this week. That’s a gain of Read more…
Martin Hutchinson: President Obama on Oct. 24 announced yet another housing bailout. This time, borrowers who are underwater by more than 25%, are on time with their payments, and have Fannie Mae/Freddie Mac mortgages dating before March 2009 will be allowed to refinance their home Read more…
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