CoreLogic: 10.4 million mortgages still in negative equity Fitch warns home prices overvalued Fitch Ratings warns that Texas has the most overvalued home prices in the country and that a correction may be coming thanks to falling oil prices. "After largely skirting the excesses and downsides.Home equity growth is sluggish – In June, annual equity rates grew by 6.2 percent while by September they had only grown by 5.4 percent, according to the CoreLogic analysis. For American homeowners who have mortgages. in negative.
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Construction spending up 0.9% in May on surge in homebuilding US construction spending rose 0.9 percent in May – A surge in homebuilding pushed U.S. construction spending up by the largest amount in five months, the latest indication that the housing sector is slowly recovering. construction spending rose 0.9 percent in May, following a 0.6 percent rise in April, the commerce department reported monday, July 2, 2012.
The biggest and most profound effect of the Baby Boomer generation might be to trigger the greatest real estate crash in American history. Boomers are about to change America again, they’re going to completely distort the real estate market by getting older. The big beneficiaries of this will be Millennials and Generation Xers who will be paying a lot less for housing in a few years.
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One couple is blowing up Reddit with a pregnancy announcement video that tops all others-deliberately. When they became pregnant just before their sister-in-law did, they wondered about how to let their friends and family know. But then, their in-laws announced their own pregnancy on Facebook before them, totally stealing their thunder.
Analysts: Price appreciation is here for the long haul Boise: Real Estate and Market Trends – FortuneBuilders – In fact, current home price numbers are not far from pre-collapse levels. This should be viewed as a sign that Boise real estate did not grow faster than it should have at the height of the market, and did not dip too low at the bottom. This makes for an ideal market to reside or invest in. Increased home prices lead to increased equity.
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