Real Estate News (49 Articles)
The global real estate market, led by the United States, is tanking. Values are plummeting, leaving many to wonder when the drubbing will stop. The real estate news section contains all of the hard-to-swallow news from the world of commercial and residential real estate.
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Case-Shiller: Current Slump in US Housing Market Worse Than Great Depression
Home values in the United States have dropped more than what occurred during the Great Depression, according to recently released data.
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Banks and Lenders Currently Own More than 872,000 Properties in the United States
According to RealtyTrac.com, banks and major lenders currently own 872k homes in the United States, which is helping to weigh down home values.
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Zillow: 28.4% of Single-Family Homes in the United States Now Underwater
According to Zillow, 28.4% of all single-family homes in the United States are now underwater.
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The US Housing Market's Double Dip Becomes Official
US Housing Market Double Dip - the double dip in the US Real estate market became official last month, according to Clear Capital.
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Only 39% of US Homeowners Expect Their Home to Rise in Value Over the Next 5 Years
According to Rasmussen Reports, only 39% of US homeowners believe that their homes will rise in value over the next 5 years.
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February New-Home Sales: Lowest on Record
February new-home sales Numbers - sales of new homes in February slumped to the lowest on record, in another very bad sign for the US real estate market.
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The US Housing Market Continues Its Freefall
According to data that was recently released in the S+P/Case-Shiller index, US home values continue to drop, bringing up the very real possibility of a double dip.
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3,825,637 US Foreclosure Filings in 2010
According to RealtyTrac.com, nearly 4 million foreclosure notices were filed in the United States in 2010. This number is expected to increase in 2011.
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Zillow: Current US Real Estate Market Downturn Now Officially Worse Than Great Depression-Era Downturn
According to Zillow.com, US home values have now dropped by a greater amount when compared to the Great Depression era.
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US Home Values Down $9 Trillion Since June of 2006
According to Zillow.com, US home values dropped by an additional 1.7 trillion dollars in 2010, bringing the total drop since the start of the real estate downturn to 9 trillion.
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US Foreclosure Rates Surge in Q1/2010
Foreclosures rates in the United States surged to all-time record levels in Q1/2010, according to RealtyTrac.com.
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The Biggest Foreclosure Ever
Tishman Speyer Properties has agreed to hand over a huge apartment complex in New York over to creditors, making for the largest foreclosure in the history of the USA.
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14.41% of All US Residential Mortgages Either Delinquent Or in Foreclosure
According to the Mortgage Bankers Association, delinquency and foreclosure rates continue to creep higher despite news that the recession has ended in the United States.
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Head of FHA: Expect a Further 10% Decline in Real Estate Values
The head of the FHA raised some eyebrows earlier this week when he proclaimed that the US real estate market should drop another 10% by Q1 2010.
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588,000 "Strategic Defaults" in 2008
There were nearly 600,000 strategic mortgage defaults in the United States last year, as many people simply chose to walk away from their mortgages.
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Option ARMs: The Lurking Monster in the Closet
According to Fitch Solutions, a grand total of over $100 billion dollars in Option ARM mortgages are set to be recast in 2011. How will this affect the real estate market?
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The Manhattan Real Estate Market Finally Buckles
The previously bulletproof Manhattan real estate market has finally started to tumble, according to a recent Bloomberg.com article.
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When Will The Housing Market Rebound?
When will the United States real estate market start to rebound? Are we are the verge of seeing a dramatic improvement in home prices, or do we have a fun more years of pain to go?
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19 Million American Homes Vacant At End of 2008
According to recently released Census data, 19 million American homes stood vacant at the end of 2008 - a great number of these vacant homes were empty due to foreclosures.
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Forbes.com Lists The Ten Best Places To Buy Real Estate In the World
Forbes.com recently published a list of the top ten most desirable places in the world to buy real estate at this moment - surprisingly enough, Washington, D.C. was number one on the list.
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Will The Housing Market Finally Bottom in 2009?
Will 2009 be the year that the US housing market finally hits bottom? Or will the bears continue to be right? Will it be 2011 or 2012 before the housing market finally starts to bottom?
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1.84% of American Households Received a Foreclosure Notice in 2008
Nearly 2% of all housing units in the United States received a foreclosure notice in 2008, a dramatic increase from 2007. Will there be more of the same this year as well?
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What Have Been the Worst Global Housing Markets of 2008?
The IMF recently published a report in which they identified the weakest housing markets of 2008 (so far). Surprisingly, the United States did not top the list - Denmark did.
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Some United Kingdom Homeowners May Have to Wait Until 2016 For Their Home Values to Recover to 2007 Levels
UK Homeowners may find themselves underwater for a while - some regions of the area are expected to recover to 2007 levels by 2016.
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Many People Having Their Home Equity Lines of Credit (HELOCs) Suspended or Reduced In Wake of Housing Downturn
When the housing market was booming just a few short years ago, many homeowners t...
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How The Internet Bubble Was Similar to the Housing Bubble
There are actually quite a few similarities between the Internet bubble (last hal...
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Bottom in the California Real Estate Market?
To say that the real estate market in many parts of California has taken a beatin...
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A Bottom in the Housing Market? 10 Signs That Will Help You Identify a Bottom
Trying to time the bottom in the housing market can be risky business. You may be...
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The Ten Worst (Projected) Real Estate Markets in the United States
There is no such thing as a general "real estate market" - rather, there are hund...
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How Long Will It Take the Real Estate Market in the United States to Recover? Some Perspective from the Past 30 Years
Over the past thirty years, the overall real estate market in the United States has fluctuated wildl...
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National Association of Realtors: "Home Sales Should Start Improving by the Summer"
The National Association of Realtors put out a press release today titled "Soft Existing-Home Sales ...
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500 Foreclosures PER DAY in California During the First Three Months of 2008
If you want a first-hand view of just how particularly gruesome this real estate downtown has been, ...
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Five Signs That We May Be Near a Bottom in the US Housing Market
You may watch television or read your newspaper on a daily basis and come to the conclusion that the...
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Steps That You Can Take To Avoid a Foreclosure on Your Home
Foreclosures are a growing problem in the United States and other parts of the world.
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The Phoenix and Miami Condo Markets - Can They Recover, and if so, When?
If you want to sum up the current state of the real estate market (especially in markets such as Pho...
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Are We Nearing a Bottom in the US Housing Market?
This may seem like a laughable point to even consider, given the current somber mood that surrounds ...
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Will a Three Percent Fed Funds Rate Help to Revive the Housing Market in the United States?
With the housing market plummeting and many Americans watching their net worths evaporating before t...
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2007 Worst Year for US Housing Market Since Great Depression
On Thursday there were a couple of datapoints that were released that spelled out exactly how bad th...
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More Gloomy News for the US Housing Market
Not to be a "doom and gloomer" but the situation in the US housing market seemingly worsens by the d...
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Where is the Real Estate Market Going in the United States?
There is a rule of thumb that is used in the stock market that can easily be applied to the real est...
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Countrywide Financial Currently Has Over 14,000 Homes Offered for Sale on their Website
Not to be a harbinger of doom here, but this is a number that clearly illustrates: a) the overall pr...
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Speculators Drove the Housing Market Higher, and Now They Are Bringing it Down
The housing market in the US has been driven largely by speculators, and now is fading so quickly du...
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Should the US Government Bail out Homeowners?
The answer to this question is a bit more complicated than you might think.
I bet tha...
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Liar Loans, Teaser Loans and Stretch Loans: What Exactly Are They?
Liar loans. Teaser loans. Stretch loans. With all of the recent turmoil in the mortgage markets in t...
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Where to Now for Real Estate Values?
This is certainly a strange time in the US housing market.
You have had an absolutely...
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Might The New York Real Estate Market Finally Slow Down?
The New York real estate market has been hot for years now, and despite the real estate slowdown tha...
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Home Flippers Beware - The Market for Mortgages is Tightening
TV stations are flooded with home flipping shows. With the surge in real estate values over the past...
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Is the Current Housing Market One of the Biggest Bubbles in History?
In case you have been sleeping under a rock, the subprime mortgage industry in the United States has...
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The Real Estate Market in Vancouver: Getting out of Control or Is Value Just Being Realized?
You know, there was a time, not too long ago, that I told everyone that would listen that the are...
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