How much is your house worth in the marker ?

In case you were wondering how the process of valuing a home works, here is a little insight. It’s important to remember that value is strictly a matter of perception and is calculated differently by each party involved.

Your House as seen by YOU:

Your house as seen by YOUR BUYER:

Your house as seen by YOUR LENDER:

Your house as seen by YOUR APPRAISER:

Your house as seen by YOUR COUNTY’S TAX ASSESSOR:

The Housing Crisis , How it all started

Federal Reserve Bank of Cleveland Proposal for Breaking the Housing Crisis Cycle: Unless we attack the housing crisis cycle at multiple points, theres a chance our efforts will fall short.

If we only focus on delinquencies and foreclosures, and fail to address the problem of what to do with the excess of homes on the market, we wont break the cycle.

The focus should be on a set of coordinated, long-term policies that target multiple points in the housing crisis cycle.

Loan modifications. We believe in compensating mortgage servicers who modify loans to keep people in their homes. We also think we should look at temporarily shielding lenders from investor lawsuits that might be filed as a result of their loan modification efforts.

watch the video in here :

The Housing Boom and Bust : Glenn Beck and Thomas Sowell

The recession was caused at least in part by the housing crash , the housing crash is far from over , US foreclosure filing hits a record of 342.038 for April , that's an increase of 32% compared to 2008 , In California foreclosures are up 42% and Florida 75% , price of houses have falling 32% from the 2006 peak , markets have tumbled businesses have failed , growing unemployment threatens more foreclosures

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Inflation and housing

A wide array of economic news is due in the week ahead with key reports on inflation and housing.

Housing starts surge 17%

The nation's builder pick up momentum in May. Wholesale prices ease inflation fears and Best Buy posts lower earnings.

Banks Can Now Take Your House 2009

Foreclosure rates jumped 18 percent in May, according to figures released Tuesday by RealtyTrac.

RealtyTrac, an Irvine, Calif.-based firm that tracks real estate statistic, said there were more than 300,000 foreclosure actions filed against U.S. homes in May, the third month it has exceeded the 300,000 mark.

Foreclosure actions include default notices, auctions and repossessions by banks. In all, 321,480 U.S. residential properties experienced a foreclosure action in May, or one in every 398 homes in the country.

RealtyTrac said an 89 percent spike in Oregon helped contribute to the May totals. Washington, Michigan, Arizona, Nevada and New York, also posted significant year-over-year increases.

In Oregon, 3,067 foreclosure actions were filed in May, or one for every 525 homes. Oregon ranks 12th in the nation for foreclosure. Deschutes, Clackamas, Columbia, Jackson and Josephine counties have Oregons highest foreclosure rates.

In Washington, there were 3,833 foreclosure actions in May, or one for every 716 homes, representing a 48.28 percent increase over a year ago.

Nevada, California and Florida had the highest foreclosure rates in the nation.

Housing market's false hope

commercial and residential Real Estate prices have been falling for three years now and these things do not tend to reverse themselves quickly Economist Robert Shiller Economics professor at Yale University tells CNN that the recent boost in consumer confidence won't link to a turnaround in the housing market.On the other hand while confidence is up unemployment is rising sharply we are at 9.5 % and it will even rise higher . Nouriel Roubini talks about 11% unemployment in 2010...

The Housing Market May Have Bottomed

the U.S. housing market May Have Bottomed , we are still at a low level but there some few positive signs deposit trends traffic agreement its the soft feel from sales , it feels that cancelation is going down , still a lot of pain to come to the housing market , still a lot of foreclosures still a lot of pricing pressure ...we are not going down but there is still a long way uphill towards a Recovery

Foreclosure numbers Explode in Michogan

Losing your home? Do something about it

In Michigan, one in every 326 homes is in foreclosure. On Thursday night, Grand Rapids-area residents had the chance to tell their stories and find help at a Wealthy Theater meeting.

Housing bubble a lot of Trouble !!!

Mortgage : A musical commentary on the current real estate situation in America
Tags : real estate housing bubble interest rates economy foreclosures remortgage real estate economy finance stock market liquidity speculative ARM

Mortgage crisis explodes Foreclosures Exceed 300,000

Hyperinflation, THE WORST IN HOUSING YET TO COME? Are we on the brink of COLLAPSE?

What happens if interest rates go much higher BEFORE THE HOUSING MARKET BOTTOMS? Is money moving out of treasuries because the worst is over for the equity market OR BECAUSE THE WORST IS COMING FOR THE TREASURY BONDS???? THE FED SHOULD RAISE RATES NOW!!!!
Interview and discussion with Rick Sharga of the RealtyTrac. He talks about foreclosure data and the housing crisis. (Bloomberg News)

is there a Rebound in Housing ?

The mortgage bubble has burst and caused the Recession
can housing sector now lead us back to recovery ? Exclusive Interview with Radar Logic CEO Michael Feder (Bloomberg News)

Higher mortgage rates could give birth to a rebound in housing this year, where cheaper loans and lower prices have enticed buyers to cut into the inventories of unsold homes.

Loan refinancings also known as remortgage will take advantage of lower rates have also been key supports of the housing market in 2009, providing a rare bright spot for a market buffeted by rising defaults, foreclosures, and falling prices.some expert see a stabilization in the market others say that the worst is still to come

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Update April 2009 - Privacy Policy
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Home sales jump

When was the last time you heard this -- there is some good news from the real estate market. The number of people agreeing to buy a previously occupied home jumped a lot in April, the biggest jump in 8 years.

Pending Home Sales Jump

06/02/09 Pending Home Sales increased far more than thought in pril, a sign that the housing market maybe on the path toward recovery.

US Stocks Higher On Housing Data; Financials Stay Lower

Stocks built on Monday's rally in a broad push higher Tuesday as investors digested encouraging housing data, though a rising supply of shares in several Wall Street bellwethers damped financials.

Major indexes seesawed between gains and losses through the day, but major milestones for the year remained in sight. The Dow Jones Industrial Average was recently up 30 points, or 0.4%, to 8751. At its morning high, the blue-chip measure rose about 66 points, almost 11 points above its 2008 close of 8776.39.

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