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Looking back on 2010, the year in real estate was, in a word, terrible. Property values continued to fall, foreclosures rose, and even the lowest interest rates in 50 years seemed to have little ...
Data reflecting the amount each housing market is down from its peak value is from Fiserv-Case Shiller. Unemployment data for October of this year is from the Bureau of Labor Statistics.
What will the New Year hold for the U.S. housing market? It depends on who you ask. That's why AOL Real Estate has assembled an all-star panel of real estate mavens and moguls to discuss the ...
Fall: Booming housing market halts abruptly; from the fourth quarter of 2005 to the first quarter of 2006, median prices nationwide dropped off 3.3 percent. [49] Year-end: A total of 846,982 properties were in some stage of foreclosure in 2005. [50] 2006: Continued market slowdown. Prices are flat, home sales fall, resulting in inventory buildup.
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It also tells us that problems with U.S. housing policy or markets do not by themselves explain the U.S. housing bubble." [ 44 ] Countering the analysis of Krugman and members of the FCIC, Peter Wallison argues that the crisis was caused by the bursting of a real estate bubble that was supported largely by low or no-down-payment loans, which ...
Rob Hahn and Jeff Corbett are partners in 7DS Associates, a strategic management consultancy focused on the real estate business. As industry insiders and observers, they agree on many aspects of ...
In August 2006, Barron's magazine warned, "a housing crisis approaches", and noted that the median price of new homes had dropped almost 3% since January 2006, that new-home inventories hit a record in April and remained near all-time highs, that existing-home inventories were 39% higher than they were just one year earlier, and that sales were ...