Friday, February 26, 2010

Home Sales Falling Down

Why Aren't Homes Selling?



Paul Bishop, VP of Research at the National Association of Realtors, on why closings have fallen for the second month in a row.

Wednesday, February 24, 2010

U.S. New Home Sales Drop 11.2%

The Wall Street Journal
February 24, 2010

U.S. new-home sales unexpectedly fell in January, setting a record low and erasing all gains made in the market during the past year as the economy recovers from recession.

Demand for single-family homes fell 11.2% from the previous month to a seasonally adjusted annual rate of 309,000, the Commerce Department said Wednesday.

Economists surveyed by Dow Jones Newswires had estimated sales would rise 3.8%, to 355,000.

Read entire article

Thursday, February 11, 2010

U.S. Foreclosure Filings Surpass 300,000 for 11th Month

Feb. 11 (Bloomberg) -- U.S. foreclosure filings rose 15 percent in January from a year earlier and exceeded 300,000 for the 11th consecutive month as modification programs failed to keep delinquent borrowers in their homes, RealtyTrac Inc. said. Bloomberg's Su Keenan reports. (Source: Bloomberg)


Mortgage Investment, Industrial REIT Stocks

Thursday Midday Sector Laggards: Mortgage Investment, Industrial REIT Stocks

In midday trading Thursday, Mortgage Investment shares were relative laggards, down on the day by about 0.5%. Helping drag down the group were shares of Hatteras Financial (HTS), off about 4.4% and shares of Brt Realty Trust (BRT) off about 4.2% on the day.


Tuesday, February 9, 2010

Commercial Property Values Bottomed in 2009 says Craig Leupold

Feb. 9 (Bloomberg) -- Craig Leupold, president of real estate consultants Green Street Advisors, talks with Bloomberg's Carol Massar about the outlook for the commercial property market and investing in so-called blind-pool assets. Leupold says commercial property values "troughed" in the middle of 2009. (Source: Bloomberg)


Monday, February 8, 2010

Where is The Best Apartment Market in the U.S.

Best Apartment Markets in the U.S.

Hessam Nadji of Marcus & Millichap discusses which cities present the best opportunities for apartment buyers and investors.


Sunday, February 7, 2010

How To See Through Real Estate Broker Tricks

Some real estate brokers have a lot of tricks up their sleeves. Learn to beat them at their own game.



Second Phase Of Mortgage Defaults

The true experts know that all the government figures are false and they are lying to us. This is just one of the many reasons there is almost no chance of a real recovery without some major breakthrough in energy or similar. Lets look for the next shoe to fall being the Alta A's and commercial real estate collapse.

There will be a point in 2010 where they will have to pull the plug and devalue the dollar and print money so as not to default on debt. This will lead very rapidly to increase in food prices and likely shortages. Gold and silver is your only protection.

Wednesday, February 3, 2010

Home Sales Jump last September

Home sales post one of the biggest gains in years, Microsoft shares jump and a vote for universal phone chargers. The AP's Mark Hamrick reports. (Oct. 23)



Monday, February 1, 2010

Google Takes on Real Estate Websites With New Portal

Feb. 1 (Bloomberg) -- Bloomberg's Jennifer Joan Lee reports on Google Inc.'s foray into real estate listings. Andrea Catherwood also speaks.


MORTGAGE REAL ESTATE BUBBLE BLOG