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Home arrow News

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A blog of all section with no images

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Steeper housing market slowdown is evident IMF sees
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Print E-mail

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Thursday, 14 September 2006

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There is a risk that the US slowdown could be more severe as the housing market gets sharper than expected.  This is foreseen in global growth and financial markets.

The hope is that there will be a soft landing, which would produce weaker US growth with negative implications for financial markets. 
 

Read more...
 
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Experts say housing is in normalcy
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Print E-mail

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Thursday, 14 September 2006

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As the housing market drifts down the sector assures that it is returning to its normal state. Current study shows that the sharp drops in housing markets are often caused by episodes of sever local economic distress. 
Read more...
 
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As buyers take time, home prices stay inactive
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Print E-mail

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Thursday, 14 September 2006

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Despite a stronger housing market median of home prices are nearly flat and signs of slowing are clear.  An example would be Kitsap County prices that slipped 0.2 percent that tracks home sales in 17 counties in Western and Central Washington.
Read more...
 
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How to be protected against higher rates
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Print E-mail

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Thursday, 14 September 2006

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NEW YORK-- With today’s rising interest rates and monthly payments, there are some tips on how to do smart moves if there are adjustable-rate mortgage (ARM). 
Read more...
 
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More selection is offered to housing markets but fewer sales challenge it
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Print E-mail

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Thursday, 14 September 2006

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A number of existing single-family homes sold decreased in about 10.38% in 2005.  This was evident from 1,089 units to 976 units this year.  The quarterly figures from Maine Real Estate Information System show.  The median sales price for an existing single-family home in Cumberland County showed only a slight rise in the past quarter, compared to the same period in 2005, from $253,000 to $255,000. And real estate brokers say the inventory of homes on the market is way up.
Read more...
 
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Home Prices carry more weight on rising inventories
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Print E-mail

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Thursday, 14 September 2006

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Downward pressure on home prices is continuously experienced in inventories of unsold homes.  This is in many parts of the US.  Inventories of homes such as the 18 large metropolitan areas expand by 3.5% according to ZipRealty Inc.
Read more...
 
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