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Tuesday November 24, 2009
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Housing Market Downturn News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Housing Market Downturn News

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  • Make real estate a design tool for life 24 Nov 2009 04:37 GMT
    ... Q: I bought my first home about five years ago. Since then, I ... do the needed repairs. It's too broken down to rent, and I couldn't cover my expenses on ... her home. In light of the recent housing crisis, however, almost every thinking homeowner has ...

  • Real Estate Outlook: Fed Chair Discusses Housing 24 Nov 2009 13:12 GMT
    ... Real Estate Outlook: Fed Chair Discusses Housing Federal Reserve chairman Ben Bernanke put out ... to generate jobs and help avoid a double-dip recession. That forecast just happens to track ... -- even in the face of a slow recovery for the economy as a whole. Meanwhile, ...

  • Real estate agents see return of foreign buyers 24 Nov 2009 01:21 GMT
    ... the past six months has made makes homes even cheaper for foreigners, and prices are ... in the 12-month period ending in May, down nearly 10 percent from 170,000 for the same ... recovery of the U.S. economy and the housing market's resurgence. Some want vacation homes, while ...

  • Real estate agents see boost in overseas investors 24 Nov 2009 06:00 GMT
    ... the past six months has made makes homes even cheaper for foreigners, and prices are ... in the 12-month period ending in May, down nearly 10percent from 170,000 for the same period ... recovery of the U.S. economy and the housing market's resurgence. Some want vacation homes, while ...

  • Commercial Real Estate Recovery Contingent On Job Growth 24 Nov 2009 18:01 GMT
    ... back commercial mortgage-backed securities (CMBS) will recover slowly over the next several years. However, refinancing ... issued during that 2007 peak. Moody’s anticipates downgrades of up to three levels for many ... the supply and demand cycle for multifamily housing, according to the report. “Employment growth is ...

  • Canton developer discusses home building business 24 Nov 2009 16:10 GMT
    ... The home building business has faced numerous challenges in ... has to have 10 percent of its housing stock in homes that can be sold ... the Home Builders Association of Massachusetts. They've downsized, they've cut back in every single way ...

  • Holiday Special Provides Instant Access to Real Estate Investing Education 24 Nov 2009 06:09 GMT
    ... such as, wholesaling, asset protection, investing in apartments, commercial real estate, working short sales and ... estate, working short sales and no money down investing. Also included in the package is an ... way it is and having historically low housing prices we thought we would go all ...

  • Real estate: October home sales up in Hampton Roads 24 Nov 2009 03:41 GMT
    ... find a home. That will keep the housing recovery momentum going, Sullivan said. Extending the ... would've lost because of the pricing coming down," he said. October was the third consecutive ... The combination of the tax credit, the drop in prices, low interest rates and wide ...

  • MiamiCondoShop.com, A Real Estate Portal Designed to Help Buyers Find Distressed Miami Area Condos, Celebrates Launch 24 Nov 2009 15:57 GMT
    ... is helping condo buyers capitalize on the downturn in the housing market. The site helps buyers navigate through ... research has shown that 90 percent of home buyers start their search for a property ...

  • Real-estate transactions increase 35 pct in Kuwait - report 24 Nov 2009 18:22 GMT
    ... activation of dealings in the investment and housing sectors, despite the year-long recession in this ... entry of new portfolios into the domestic property market, following fall of the interests on ... in October as a result of the drop of the value of some investment real-estates at most ...

  • Tax credit gives home sales best boost in decade 24 Nov 2009 00:13 GMT
    ... homebuyer tax credit will help sustain the housing market next year. Yet the overall economy ... weak. Foreclosures are rising. Job creation is slow. And consumers remain reluctant to spend. Though ... of 6.1 million in October, from a downwardly revised pace of 5.54 million in September. ...

  • October sales gains lift hopes for housing market 24 Nov 2009 05:31 GMT
    ... homebuyer tax credit will help sustain the housing market next year. Yet the overall economy ... weak. Foreclosures are rising. Job creation is slow. And consumers remain reluctant to spend. Though ... of 6.1 million in October, from a downwardly revised pace of 5.54 million in September. ...

  • Home sales raise hope for market 24 Nov 2009 08:24 GMT
    ... homebuyer tax credit will help sustain the housing market next year. Yet the overall economy ... weak. Foreclosures are rising. Job creation is slow. And consumers remain reluctant to spend. Though ... of 6.1 million in October, from a downwardly revised pace of 5.54 million in September. ...

  • Homebuyer credit fuels fastest pace in decade 24 Nov 2009 08:24 GMT
    ... raising hopes for a turnaround in the housing market and pleasing Wall Street. While rising ... there are still too many factors weighing down the recovery. Foreclosures are rising. Job creation is slow. People remain reluctant to spend. And construction ...

  • Tax credit spurs home sales 24 Nov 2009 17:30 GMT
    ... homebuyer tax credit will help sustain the housing market next year. Yet the overall economy ... weak. Foreclosures are rising. Job creation is slow. And consumers remain reluctant to spend. Though ... of 6.1 million in October, from a downwardly revised pace of 5.54 million in September. ...


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