Posts Tagged ‘Mortgages’Are Housing Fundamentals Still Deteriorating?This post first appeared on Minyanville. There’s a good amount of buzz surrounding the Wall Street Journal’s piece on the staggering number of homeowners underwater on their mortgages. This, on the same day the Case-Shiller Home Price Index posted its fourth consecutive month-over-month increase. Mixed signals? Possibly. But in reality, these two seemingly disparate data [...] Keepin’ It Real Estate: Trial Modifications Are CriminalThis post first appeared on Minyanville. The Obama administration is busy touting the burgeoning success of its mortgage modification program. Unfortunately, it’s a farce: Out of one side of his mouth, the President touts a dedication to the besieged middle class, while from the other, lauds a loan modification program which steals money from struggling [...] Keepin’ It Real Estate: Just How Hot Is the Housing Market?This post first appeared on Minyanville. It seems that with each passing month, the data gods deliver more and more evidence that the woe begotten US housing market may finally be emerging from its years-long doldrums. Existing home sales: Up. New home sales: Up. Pending home sales: Up. Home prices: Down, but at a slower [...] |