Category: Economic Crisis

U.S. Real Estate Market Rebound

Recovery Forecast Not Until 2011 The U.S. real estate market will take at least three years to recover from its massive slump and it won’t fully rebound from the mortgage mess until at least some time in 2011, Housing Predictor forecasts. Housing Predictor analysts forecast the overall U.S. economy will suffer from a recession as… Continue reading U.S. Real Estate Market Rebound

Housing Predictor Opinion Poll Results

Huge Majority Want Government to Stay Out of Foreclosure Crisis Despite the strong likelihood that it would develop a full-fledged economic depression, more than 3 out of 4 polled say they want the U.S. government to stop interfering with the foreclosure crisis and allow it to run its course. A huge 78% of those surveyed… Continue reading Housing Predictor Opinion Poll Results

Better Market Forecast in Housing

Housing markets will experience increasing sales in 2010 aided by the government’s extension and expansion of the first time home buyers federal tax credit, and more government-backed lending assistance, according to the new Housing Predictor national forecast for 2010. Markets will improve in most of the U.S. with average housing deflation forecast at 8.7% nationally.… Continue reading Better Market Forecast in Housing

Best Investors Real Estate Markets in 2010

Despite the troubled economy, the best buyers real estate markets for investors in 2010 possess stronger regional economies and the hottest prospects for the highest job growth in the country. Employment is the leading economic indicator for a strong housing market, and the best ten markets have what it takes. Huntsville, Alabama tops the list… Continue reading Best Investors Real Estate Markets in 2010

National Real Estate Prices Forecast to Deflate Further

Scrambling to find a bottom, the U.S. real estate market is falling further and further in most areas of the country. Home prices nationally will deflate an average of more than 8% in 2008, according to the Housing Predictor forecast. The real estate crisis, triggered by an over supply of new creative financing programs and… Continue reading National Real Estate Prices Forecast to Deflate Further

Mortgage Flu Hits Real Estate

As home foreclosures increase daily weakening real estate markets a new world flu has struck. The subprime crisis evolved into the national housing crisis only to become the mortgage flu. Some 89 percent of people surveyed by Housing Predictor blame mortgage companies for artificially inflating the housing market by selling too many mortgages to those… Continue reading Mortgage Flu Hits Real Estate

2011 California Housing Market

Like suffering through a painful New Year’s hangover, California is slumbering through the fallout of the real estate crash after twin tax credits artificially boosted its housing market only to return to a slowdown. As the world’s sixth largest economy on its own, California isn’t exactly falling into economic ruin, but it isn’t making headway… Continue reading 2011 California Housing Market

2011 Kentucky Housing Market

Painfully high joblessness and business closings trouble Kentucky as it tries to move out of the economic downturn into a recovery in housing, but an over-supply of homes on the market and foreclosures trouble the state, despite near record low mortgage rates. Consumer confidence over the real estate market ails homeowners trying to sell their… Continue reading 2011 Kentucky Housing Market

Saving Financial Markets Fed’s Priority Not Real Estate

By Mike Colpitts Editor Taking its most aggressive action in years, the Federal Reserve is attempting to save the U.S. economy from falling into an economic depression. The infusion of $200-billion into the money markets is intended to theoretically act to help mortgage lenders, banks and other lenders from failing. The credit crunch has sent… Continue reading Saving Financial Markets Fed’s Priority Not Real Estate