Housing Bubble

Sterling falls, rate futures up on weak UK housing data

LONDON, June 5 (Reuters) - Sterling fell versus the dollar and euro on Thursday, while short sterling futures extended gains after the Halifax UK House Price Index showed a larger than expected fal...

The Bursting Of Australia's Housing Bubble Is Imminent

Last Monday's Four Corners program has Steve Johnson back on the debt-binge bandwagon. Don't read on if you don't like to worry. The question is not if, but when, this... it's disturbing (if a little sensationalist). It is a fact that we're in the midst of a debt binge of unprecedented proportions. The ratio of credit to disposable income in Australia is north of 180%% - one of the ... Posted In: aus.invest no comments Reply

United States housing bubble - Wikipedia, the free encyclopedia

The United States housing bubble is the economic bubble in many parts of the U.S. housing market that began roughly in 2001, especially in populous areas such as California, Florida, New York, Michigan , the suburbs of Chicago in the Midwest, the BosWash megalopolis, and the Southwest markets. It reached its peak in 2005 and then plateaued, and started deflating in 2006 and accelerated since. Greatly-increased foreclosure rates in 2006–2007 by U.S. homeowners unable to pay their mortgages caus...

Japan's Bubble Ghosts ((US Economic Outlook '08))

Is Japan's bubble, land price / housing slump, credit crisis and long deflation in the 90s a reminder of things to come in the US ? Opinion piece her...

Japan's Bubble Ghosts ((US Economic Outlook '08))

Is Japan's bubble, land price / housing slump, credit crisis and long deflation in the 90s a reminder of things to come in the US ? Opinion piece here... So, really, what are the odds of the U.S. sliding into a Japan-like funk? While not great,... Read and post comments | Send to a friend

Why More Talk Of Recession Makes Mortgage Rates Fall

As many people predicted, Americans really did spend less this past Holiday Season and now mortgage rates are falling because of it. Weak receipts in December capped off a year in which consumer spending posted its slowest year-over-year growth since...

Keys housing crunch prompts church to act

Since holding its first Mass in 1846, the church of Saint Mary Star of the Sea has been helping people in the far outpost of the Lower Keys. Its nuns treated patients with yellow fever in the 1870s, victims of the USS Maine explosion in Havana Harbor in 1898, and the needy during Key West's bankruptcy of the 1960s.

Shiller: Single-family Housing Market is

Data through October 2007 for the Case-Shiller Home Price Indices fell 6.1% year over year, showing broadbased declines in the prices of existing single family homes across the United States. This marks the 10th consecutive month of negative annual returns, and the 23rd consecutive month of decelerating returns. This was the biggest decline in this down cycle as prices fell 1.42% sequentially. The biggest decline was in San Diego, and smallest drop was in Portland. (NY had the 2nd smallest fall)...

House price news, information and discussion - HousePriceCrash.co.uk

Wolfgang contemplates (but rejects) the possibilty of an inflationary escape. FT.com: Hold tight, the central banks have no plan In an environment in which central banks target a low rate of inflation, the lion’s share of the adjustment will have to come from falling nominal house prices. That was different in the 1970s, when high inflation took care of the real price adjustment........... ......... Let us assume that the housing downturn is going to last eight years. A 2 per cent annual inf...

Britains housing market hits the wall due to subprime crisis

LONDON - The Associated Press Dave and Nicole Anderson had planned to usher in the New Year in a new, larger home - an upgrade made possible by the recent sale of their two-bedroom apartment in the Br...