Category: Forecasts

Home Prices Decline Less in Hardest Hit Markets

By Mike Colpitts Where home prices are still declining they are deflating at a slower rate for the second year in a row, a new Housing Predictor survey has found. The hardest hit markets in the nation, including places in California, Nevada, Arizona, Rhode Island and Florida are experiencing less deflation than in early 2010.… Continue reading Home Prices Decline Less in Hardest Hit Markets

Markets Forecast to Rise with Housing Inflation

In a turning point that demonstrates U.S. housing markets are making a recovery, Housing Predictor is forecasting that local markets in seventeen states will experience housing inflation in 2011. The states are dominated by the Mid-west and most Northern regions that were less affected by harmful new mortgage lending products during the real estate bubble,… Continue reading Markets Forecast to Rise with Housing Inflation

U.S. Housing Forecast Improves in 2011

Housing markets are forecast to experience sluggish home sales during the first half of 2011, followed by an improvement in sales during the spring time with better home values developing in many regions of the U.S., according to the new Housing Predictor national forecast for the year. Markets will show improvements from their downturn in… Continue reading U.S. Housing Forecast Improves in 2011

Investor Real Estate Market Forecast

Lucky 7 Investor Forecast The “Lucky 7” best investor housing market forecasts for 2011 are made up of markets in six different states for investors willing to take a risk buying real estate to make a profit. Don’t worry the risk will be worth the wait! All seven are already showing Housing Predictor analysts that… Continue reading Investor Real Estate Market Forecast

Upgrade in U.S. Housing Forecast

High unemployment is the biggest obstacle to the U.S. housing markets recovery as fewer people qualify to buy homes, but the imposing obstruction is being helped by a series of government programs and a private company working with some of the nation’s biggest mortgage lenders to keep homeowners in their homes. As a result, Housing… Continue reading Upgrade in U.S. Housing Forecast

Home Prices Forecast to Deflate More

Anchored by severe headwinds, including high unemployment, lack of equity in real estate, rising foreclosures, a tight mortgage market and the expiration of government programs home prices in the majority of U.S. markets will deflate more in 2010, according to the latest national forecast by Housing Predictor. The average price of a home is now… Continue reading Home Prices Forecast to Deflate More

No Hurry for Those at Risk of Foreclosure

Senator Jack Reed D-Rhode Island Senator Dick Durbin D-Illinois Senator Sheldon Whitehouse D-Rhode Island No Hurry for Those at Risk of Foreclosure By Mike Colpitts Two months after the proposal to force bankers to work with homeowners at risk of foreclosure was introduced in Congress the bill is bogged down in committee. A House Financial… Continue reading No Hurry for Those at Risk of Foreclosure

Housing Recovery on the Way

Powered by the highest number of home sales in more than two years, the housing market appears to be on the road to recovery – at least to some consumers. First time buyers pushed to close purchases before the looming government deadline expired for an $8,000 tax credit. Rock bottom priced triggered a flood of… Continue reading Housing Recovery on the Way

Forty-Eight States in Taxing Turmoil

Forty-eight of all 50 U.S. states are in economic turmoil as a result of the housing bust and the financial crisis. States have laid-off employees, slashed budgets and cut back on services, including schools and emergency services such as police and fire department personnel. “Forty-eight states are in budget crisis,” according to New York Governor… Continue reading Forty-Eight States in Taxing Turmoil