Last Time this Happened, the Housing Market Crashed by Wolf Richter Sep 25, 2014 9 Comments Email to a friend Homebuilder KB Homes, when it reported earnings for the quarter ended August 31, revealed that the average price of the homes it sold rose 9% to $327,000.
The year-over-year decrease of underwater homes is a good sign; however, the change has not been rapid enough to avoid landing a spot in the top three worst housing markets in all of the U.S. 4. Maryland. Number of foreclosures in July 2014: 1 in every 553 homes. Percentage of homes currently underwater: 21%. Percentage of short sales: 6.4%
The housing price bubble is especially pronounced in California and at the higher end of the market. Related: Americans Are Still Idiots When It Comes to Investing. Cash is king.
In May, housing starts were just down to just above 1 million. future data may get worse, too; building permits were also down 6.4 percent, to 991,000, in May.
Disclaimer: This article contains a variety of mortgage and real estate market predictions for your prognosticating pleasure. This forecast was based on current conditions within the housing market, at the time of publication. Such conditions can change over time. These predictions for 2014 should not be viewed as facts or assertions. They are.
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Ires Reit, an offshoot of Canadian investment group Capreit, first got involved in the Irish market back in 2014 through Capreit. would rebound; the housing statistics in terms of supply and.
Housing industry news, home building and construction, and housing market coverage.. Many millennials say buying a home may finally be within reach. Wed, May 29th 2019. Load More.
market watchers claim that investors don't like surprises. But, every. or great skill.. And, of course, as bad luck would have it for me, the retail index is.. between the White House and Congress was reached in 2015.
Rising home prices could be bad news for working-class Americans. The good news: The U.S. housing market is finally reaping the benefits of the increasingly robust economy.. but we’re.
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