Thursday, August 26, 2010

Foreclosures Decline in 2Q

FBN's Rich Edson on the latest housing data on delinquent mortgages.

Wednesday, August 25, 2010

New Home Sales Hit Lowest Level Ever

David Lykken of Mortgage Banking Solutions on whether the housing market needs another incentive.

Tuesday, August 24, 2010

U.S. Home Sales Hit 15-yr Low

ReutersVideo--August 24, 2010--A much sharper-than-expected plunge in U.S. existing home sales in July added to worries about the health of the U.S. economic recovery.

Thursday, August 19, 2010

Mortgage Stimulus for Housing ?

Does the housing market need more stimulus? Insight with Rep. Jeb Hensarling, (R-TX); Ronald Kruszewski, Stifel Nicolaus and CNBC's Hampton Pearson.

Friday, August 13, 2010

Energy Efficient Housing Reaches New Heights In Japan

Daiwa House Industry Company in Japan has developed the next generation of energy efficient housing. The homes use rechargeable lithium-ion batteries that produce so much electricity homeowners may end up selling the surplus to the local grid.

At first glance, Daiwa's battery-operated house, with its rooftop solar panels, appears quite conventional.

But inside, this 2600 square foot home in Saitama near Tokyo quickly reveals itself to be a model in energy efficiency.

Daiwa calls it the eco-house. It's connected to the grid, but is designed to provide it's own electricity for 14 uninterrupted hours each day. The difference between this and other solar powered homes is the rechargeable lithium-ion battery that stores the electricity generated each day by the rooftop panels.

The power is distributed throughout the house by a centralized computer system which also keeps the home-owner informed of daily energy usage.

Daiwa's Saeki Yoshinori says the system also offers energy saving suggestions.

[Saeki Yoshinori, General Manager, Daiwa House Industry]:
"Advised by this monitor, residences can choose whether they're going to sell the stored electricity to the local grid or use it up in the house to reduce CO2."

The company believes its energy management system will reduce carbon dioxide emissions by 65 percent. And as the technology improves, it says household electricity bills will disappear entirely.

At a cost of more than $600,000 however, the house is not cheap. But Daiwa says the price of the technology will come down over time and that power storage and management will save homeowners money in the long run.

[Saeki Yoshinori, General Manager, Daiwa House Industry]:
"By enhancing the electricity storing technologies, we would be able to make this house fully self-sustainable with the energy generated in the house in the near future."

Daiwa's Eco-houses are expected to go on sale by April next year.

Thursday, August 12, 2010

Mortgage Rates Drop, But Where are Buyers?

OwnAmerica.com CEO Greg Rand on the lack of sales in the housing market despite record-low interest rates.

Third wave of Foreclosures just hit

Why Nothing is Stopping Foreclosures

Realtytrac Senior Vice President Rick Sharga on the outlook for the housing market.

Foreclosures Continue to Rise

The number of U.S. homes lost to foreclosure surged in July, another sign lenders are moving quicker to take back properties from homeowners behind in payments. (Aug. 12)

Tuesday, August 10, 2010

Richard Suttmeier : Housing Prices to Drop another 30% by 2014

Niagra International Capital's Richard Suttmeier argues home prices will fall 30% by 2014.

Monday, August 9, 2010

Your mortgage debt forgiven ??

Dylan Ratigan Show (Aug. 6)--Reuters' James Pethokoukis explains why Main Street may get its own gigantic bailout.

Thursday, August 5, 2010

New Face of Foreclosure Crisis

FBN's Gerri Willis breaks down the latest cities to be hit with skyrocketing foreclosures.

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