Category: Opinion

News Releases from Housing Predictor

News releases are posted from the newest to the oldest. The news releases posted here are for the use of news organizations, web site owners and bloggers, who want to keep their visitors up to date on the latest Housing Predictor news. They are provided here for you to copy and paste on to your… Continue reading News Releases from Housing Predictor

Fixer Upper King Reveals Secrets

Matt Stansfield is the Fixer-Upper King. He just finished his last fixer upper, and after nearly 20 years of making his living doing fixers Matt is hanging up his hammer, retiring with more than $1.5 million in cash. After a national real estate boom that has seen appreciation rise to record levels in many markets… Continue reading Fixer Upper King Reveals Secrets

How Long Will it Take to See Light at the End of the Tunnel

By Mike Colpitts Editor The question everyone has these days is, “How much more will housing prices fall?” The answer to that question lies in the answer to a bigger question all together: How long will it take world credit markets to become functional? Local housing markets economic strengths weigh heavily on local job conditions… Continue reading How Long Will it Take to See Light at the End of the Tunnel

Half of US Homes Underwater

A newly released survey shows that more than half of all U.S. homes with a mortgage are underwater or owe more on their homes than the current value of their property. The study is the strongest indicator yet that efforts made by the Obama administration are doing little to aid U.S. homeowners in the worst… Continue reading Half of US Homes Underwater

No Confidence in US Government to Aid Housing Market

Respondents to an online poll have given the U.S. government a no confidence vote when it comes to helping the housing market. An over-whelming majority of 84% who were surveyed said the government will not take major steps to help the housing market. The sweeping decision comes five years and more than 7 million foreclosures… Continue reading No Confidence in US Government to Aid Housing Market

Survey Shows Time to Buy Real Estate

A large majority of respondents to a new Housing Predictor survey say now is the time to buy real estate, despite uncertainty over the U.S. economy. Nearly two-out-of-three surveyed said it’s time to buy a home or other real estate now. Only 38% said the current economic environment makes it too risky to take the… Continue reading Survey Shows Time to Buy Real Estate

More Than Half of Homeowners Can’t Move

More than half of all homeowners with a mortgage are unable to move or make a change in their housing situation as a direct result of being underwater on a mortgage, according to a new Housing Predictor survey. Some 54% of those surveyed online said they were halted from making a move. The other 46%… Continue reading More Than Half of Homeowners Can’t Move

Survey Says Freddie and Fannie Should Stop Buying Mortgages

A large majority of consumers surveyed say they want U.S. mortgage giants Freddie Mac and Fannie Mae to stop buying home mortgages. The opinion poll found that 72% of all respondents want the companies, which act as a back-stop for the nation’s mortgage market to stop purchasing home loans from banks and other mortgage lenders.… Continue reading Survey Says Freddie and Fannie Should Stop Buying Mortgages

Banks Should Slash Mortgage Principal

Banks and mortgage lenders should slash the balance on mortgages owed by all homeowners in light of the housing crisis blamed heavily on U.S. bankers, according to a new Housing Predictor opinion poll. The just released survey found that 69% of respondents to the online poll said lenders should reduce mortgage principal for all home… Continue reading Banks Should Slash Mortgage Principal