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Dennis Norman Just as we are talking more about home prices “stabilizing” there is yet another cause for concern as to just where the market is headed. Last week Celia Chen, senior director of the Moody’s Economy.com research staff, issued a report stating that the odds of a near-term “double-dip recession” have increased from [...]
Dennis Norman According to a report issued by Radar Logic Incorporated government-sponsored enterprises (GSEs) and Federal agencies involved in housing finance currently have an inventory of over 200,000 repossessed homes. Being the largest owner of foreclosed homes in the U.S. gives the government a lot of power and influence over the [...] Dennis Norman According to the Housing Market Report that was issued this morning by Radarlogic, home prices increased in June from the previous month in 23 out of the 25 metropolitan areas tracked by their company. Overall the composite for all 25 metros showed a 3% gain in price from May to June representing one of [...] Dennis Norman By: Dennis Norman Say What??? How could home sales have increased six-fold but yet we are still in the midst of a major recession in the U.S.? For starters, the statistic I’m quoting come from the Radar Logic housing market report for January 2009. In their report for January 2009 their report states “On a [...] By: Dennis Norman Just in case you haven’t heard enough about real values median prices and the like I have another housing report to talk about. Yesterday Radar Logic published it’s report on October home prices for 25 metropolitan areas. Radar Logic has only been publishing this housing report since 2000 so they are a fairly newcomer compared [...] |
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