Tag Archives: Tax Credits

Lack of Pendulum Swing

If we want home prices to bottom, well then we must let them fall. Continue reading

Posted in Fresh Perspectives, Home Economics | Tagged Buying vs. Renting, HAMP, Home Prices, Housing Bubble, Interest Rates, Stimulus, Tax Credits | Leave a comment

Housing: 2010 Bright Spots Fading

The few bright spots appear to be a result of government stimulus, the homebuyer tax credits in particular. However, rather than jump-starting the market, the government’s interventions seem to have only had a temporary effect that evaporated as the stimulus expired.

Housing supply vastly outstripped demand in 2010, especially when one considers the shadow inventory of homes with mortgages in default or foreclosure. This state of affairs continues into 2011. As a result, RPX metrics continue to show weakness. Continue reading

Posted in Newsletter, Real Estate Data | Tagged Home Prices, Interest Rates, Stimulus, Tax Credits | Leave a comment

Will the Government Quit Manipulating the Housing Market?

One benefit of gridlock in Washington is that our government will be hampered in its ability to meddle in the housing market. Continue reading

Posted in Fresh Perspectives, Home Economics | Tagged Foreclosures, Home Prices, Interest Rates, Ponzi Scheme, Stimulus, Tax Credits | Leave a comment

S&P, Fiserv, Expecting 7-10% Home Price Declines in 2011

Two well-respecting analytics firms are expecting a double-dip in home prices that would erase gains from the last year.
Continue reading

Posted in Best Of The Storm, Home Economics, Real Estate Data | Tagged Home Prices, Housing Bubble, Interest Rates, Tax Credits | 1 Comment

Government Delaying Housing Recovery

Government efforts to prop up the market have only served to reduce sales volumes and eliminate an important component of the move up market. Continue reading

Posted in Best Of The Storm, Fresh Perspectives, Home Economics, What You Need To Know About Buying and Selling Real Estate | Tagged Case-Shiller, HELOCs, Home Prices, Homeownership Rates, Inflation, Obama, Price-to-Rent Ratio, Stimulus, Tax Credits | 1 Comment