Economist Reports the Housing Market Double Dip is Beginning

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According to estimates by The Economist, the total value of residential property in developed economies rose by more than $30 trillion over the past five years, to over $70 trillion, an increase.

House price growth in the US fell to a mere 1% at the beginning of this year, according to the latest report. dip to its.

After rebounding in 2009 and 2010, national home prices have sagged to another low in what housing experts are calling a "double dip."Falling for the eight consecutive month, the S&P/Case-Shiller.

Lawmakers move to expand mortgage protection for military Existing home sales fall, but up 11% from last year . up 5% year-over-year, when there was a 4.8 month supply available. According to the NAR, the national median existing home price in November was $196,300, up 9.4% compared with November 2012..Optimal Blue automates the entire secondary marketing process Optimal Blue debuts its groundbreaking Enterprise Secondary Marketing Solution for credit unions including an unprecedented industry first.. System automates entire secondary marketing process.Military Homeowners Get New Mortgage, Foreclosure Safeguards. 2014 is a year of change for the mortgage industry, with a host of new regulations and protections for borrowers and lenders alike. Some of the most important safeguards will better insulate veterans, service members and military families from mortgage-related financial issues. "It’s.

In a grim forecast, S&P said investors should expect continued pressure on stocks from headwinds including a slumping housing. for this market cycle. Either we’re going to go into a double-dip, or.

Do it before 2020, economists say. Even though the housing market likely won’t be the cause of the next recession, an economic downturn would still have an impact on real estate. "Any time there are widespread job losses, particularly if these job losses are protracted, the housing market softens -.

 · In the past it has typically taken an improvement of 200,000 housing starts from the bottom to signal that a housing-led expansion has begun: With October’s report we are 70% of the way there from the March 2009 bottom of 513,000. Another way of looking at housing and expansions is to measure the YoY improvement in the raw numbers.

Last year Houston closed 19,630 homes at under 5%, so the rate is not the problem. The mortgage is a problem, because mortgages are difficult to get, and mortgage starvation and buyer disqualification are the primary problems facing the housing market today, both new and resale.

Here's what Fannie Mae is forecasting for the housing market Real estate bubble. Historically, equity price busts occur on average every 13 years, last for 2.5 years, and result in about 4 percent loss in GDP. Housing price busts are less frequent, but last nearly twice as long and lead to output losses that are twice as large (IMF World Economic Outlook, 2003).

Jobless claims slip by 2,000 filings Historically, initial jobless claims tended to reach peaks towards the end of recessionary periods such as on March 21, 2009 with a value of 661,000 new filings. US Initial Jobless Claims is at a current level of 221000.0, a decrease of 8000.00 or 3.49% from last week.

At the start of summer, 14.2 percent of listings nationwide had their prices reduced, according to a new report by Zillow. At the beginning. economist at Zillow, the concessions could be a.

HW 30 lands in positive territory once again The federal government runs a large array of programs for the roughly 1 million american Indians who live on reservations. Many of the programs are housed within the Department of the Interior’s Bureau of Indian Affairs (BIA) and Bureau of Indian Education (BIE). These two agencies have about 9,000 employees and spend .9 billion annually.1Father of securitization doubts easy return to private mortgage bonds Father of Securitization Doubts Easy Return to Private Mortgage Bonds. housingwire.comJune 19, 2013. By Christina Mlynski. Known as the father of securitization, Lewis Ranieri dubbed himself "Dr. Frankenstein" during a forum at the bipartisan policy center monday, claiming the once profitable securitization market has yet to claw its way back.

That was the air being taken out of the housing market by a slew of bad reports followed by some dire predictions by an industry bubble-spotter.. If prices are near a double dip — meaning they.