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Jeff Nielson: Every month, the U.S. propaganda machine plays the same game in the housing sector. It announces “new home starts”. Then a few days later it announces “new home sales”. But it never, ever, ever talks about the two numbers in the same news item. Read more…
David Zeiler: The long-anticipated housing market rebound will hit a speed bump this year as the number of foreclosures rises again. With January’s mammoth $26 billion settlement between five major banks and a group of state attorneys general, foreclosures that had been held up for a year or more are Read more…
Ian Wyatt: Nearly four years removed from the subprime mortgage lending crisis pushed the U.S. into a deep recession, it’s finally time to invest in housing. Read more…
Martin Hutchinson: It was the most atrocious bubble in U.S. history pushing tens of millions of Americans into financial misery. Even today, the last of the lawsuits have yet to be filed. But five years later it’s finally coming back. Read more…
Jeff Harding: It would not surprise anyone that home prices are still falling, perhaps less, but they are still declining. The Case Shiller report for November 30, 2011 showed: Read more…
Stoyan Bojinov: Selling pressures hit Wall Street as investor confidence in the Euro zone further deteriorated following Fitch Ratings’ statement that continuing European debt woes would pose a risk to American banks. On the home front, investors digested yet another better-than-expected economic releases Read more…
Thanks to sluggish growth and ongoing fears over the long-term health of the American economy, the housing market across the country remains incredibly weak. With unemployment over 9.0% and many homeowners being underwater in their mortgages, sales and demand for new housing Read more…
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