All Discussions Tagged 'Housing' - Real Estate Investing - Investment Articles Forum Tips Clubs2024-03-29T13:07:16Zhttp://real-estate-investing.ning.com/forum/topic/listForTag?tag=Housing&feed=yes&xn_auth=noReal Estate Markets: Whats The Catalysttag:real-estate-investing.ning.com,2010-07-29:2284452:Topic:339322010-07-29T03:07:12.403ZYour Property Pathhttp://real-estate-investing.ning.com/profile/HowardBell
The number of homeowners missing their first payment on their mortgage declined from May to June and number of loans in foreclosure was flat at nearly 2 million. Delinquencies and Foreclosures remain stable but elevated with two loans deteriorating for every one that has improved. <a href="http://yourpropertypath.com/artman2/publish/Current_Market_Conditions/Real_Estate_Markets_Whats_The_Catalyst.shtml">see chart here</a><br></br>
<br></br>
<span style="font-weight: bold;">So Whats The…</span>
The number of homeowners missing their first payment on their mortgage declined from May to June and number of loans in foreclosure was flat at nearly 2 million. Delinquencies and Foreclosures remain stable but elevated with two loans deteriorating for every one that has improved. <a href="http://yourpropertypath.com/artman2/publish/Current_Market_Conditions/Real_Estate_Markets_Whats_The_Catalyst.shtml">see chart here</a><br/>
<br/>
<span style="font-weight: bold;">So Whats The Catalyst</span><br/>
It's all about jobs and income growth and until that happens there's nothing that's going to push sales. As sales have slowed, the supply of unsold homes on the market has risen 2.5 percent to nearly 4 million. That's a nearly nine-month supply at the current sales pace, the highest level since August. It compares with a healthy level of about six months.<br/>
<br/>
Sales are likely to keep falling for three to four months, said Lawrence Yun, the Realtors' chief economist. That would likely boost the supply of unsold homes to more than 10 months for the first time since the spring of 2009. And it could push down home prices. <br/>
<br/>
<span style="font-weight: bold;">NARs Future Forcast</span><br/>
<span style="font-style: italic;">Bread Crumbs</span><br/>
Through May of this year 495,000 net private sector jobs have been created; NARs forecast for employment growth is about 1 million additional net new jobs over the balance of the year and another 2 million in 2011. If jobs come back as expected, the pace of home sales should pick up later this year and reach a sustainable level of activity given very favorable affordability conditions<br/>
<br/>
Rae Rosen, a regional economist at the Federal Reserve Bank of New York said Wall Street typically hires in anticipation of the recovery, and there is a sense that the economy has bottomed out and is slowly improving<br/>
<br/><strong>Related Articles</strong><br/><a href="http://yourpropertypath.com/artman2/publish/Current_Market_Conditions/Strategic_Defaults_A_Strategic_Option.shtml" style="color: rgb(0, 0, 204); font-size: 12px;">Strategic Defaults: A Strategic Option</a><br/><a href="http://yourpropertypath.com/artman2/publish/Current_Market_Conditions/Strategic_Defaults_A_Strategic_Option.shtml" style="color: rgb(0, 0, 204); font-size: 12px;">Federal HomeBuyers Tax Credit Extension</a><br/><a href="http://yourpropertypath.com/artman2/publish/Current_Market_Conditions/Strategic_Defaults_A_Strategic_Option.shtml" style="color: rgb(0, 0, 204); font-size: 12px;">The Property Management Contract - Taking it Apart</a> CONTEST: "Top Ten" Presidential Solutions to the Real Estate Crisis...in "Ten Words or Less"tag:real-estate-investing.ning.com,2008-11-04:2284452:Topic:68012008-11-04T21:07:15.282ZMatt Gerchowhttp://real-estate-investing.ning.com/profile/matt_gerchow
Real-Estate-Investing.com wants to know your opinion. Let's face it. We are all sick and tired of hearing about the global financial crisis. A lot of us have been talking about what we can do as individuals to help turn the tide so we can get back to business as usual. As investors we don't need a "buyers market" or a "sellers market" to be successful, we just need a market.<br />
<br />
The Real Estate industry is extremely slow right now. Without movement, there's no money. Without money, there's no…
Real-Estate-Investing.com wants to know your opinion. Let's face it. We are all sick and tired of hearing about the global financial crisis. A lot of us have been talking about what we can do as individuals to help turn the tide so we can get back to business as usual. As investors we don't need a "buyers market" or a "sellers market" to be successful, we just need a market.<br />
<br />
The Real Estate industry is extremely slow right now. Without movement, there's no money. Without money, there's no movement.<br />
<br />
America has a new President. I hope he's better with money than the last White House tenant. Here's a quick look at how the Bush gang is spending the $700 billion bailout package for banks — throwing it at financial institutions with few strings attached.<br />
<br />
As a result, many Wall Street institutions are using billions and billions of taxpayer dollars to pay for fat cats' bonuses.<br />
• Goldman Sachs, which is getting $10 billion from the bailout plan, is paying out $6.85 billion in bonuses, according to media reports. That's $210,000 per employee for those of you going for the calculator. AND...that's despite a 47% drop in its profit and 53% drop in its share price.<br />
<br />
• Morgan Stanley, which is also getting $10 billion from our government, is doling out $6.44 billion in bonuses or $138,700 per employee, even though its profits tumbled 41% and its shares are off by 69%.<br />
<br />
• And even the failures at Lehman Brothers are collectively getting over $1 billion in bonuses.<br />
With brand new President Barack Obama at the helm, there are many decisions to be made regarding the economy.<br />
<br />
As a reflection of our new fully Democratic society, Real-Estate-Investing.com wants to hear what people have to say. They are backing a contest presenting $1,000 to the winner who submits the best "10 Word Solution" to the property crisis. The "Top Ten" list of suggestions will be submitted to the White House for consideration.<br />
<br />
This is a list of the "Top Ten Presidential Solutions to the Real Estate Crisis"...in "Ten words or less". Submit your suggestions to the link below and you just might find yourself $1,000 richer a few weeks from now. In addition, it's just possible that Barack Obama himself may take a look at our list when submitted. Stranger things have happened.<br />
<br />
1. REPEAL PROPERTY TAXES BACK TO 2002<br />
2. ALLOW REFINANCES TO 80% OF CURRENT MARKET VALUE<br />
3. FORGIVE ALL HOME EQUITY LINES ABOVE MARKET VALUE<br />
4. NO PROPERTY TAX FOR 2 YEARS ON NEW PURCHASES<br />
5. WIPE OUT STATED INCOME LOANS. (LOANS YOU LIE ABOUT)<br />
6. BACK LOANS TO PREVIOUSLY PROVEN INVESTORS TO STIMULATE THE MARKET<br />
7. BACK LEASES FOR THOSE WILLING TO WORK, REDUCE WELFARE HOUSING.<br />
8. MANDATE SHORT SALE DECISIONS BE MADE IN UNDER 30 DAYS.<br />
9. ALLOW PEOPLE TO DELAY FORECLOSURE BY MAKING PRINCIPAL PAYMENTS<br />
10. ...YOUR SUGGESTIONS BELOW. $1,000 TO THE BEST SUGGESTION