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Housing Market Watch

Original articles, reports, and analysis about the current state of the US housing market.

Most Recent

  • An Open Letter to Mortgage Borrowers Waiting for a Bailout

    Jun 26, 2008 -- This is an open letter addressed to all of the struggling mortgage borrowers (and their lenders) sitting on their haunches waiting for the government to come to their rescue.
  • Mortgage Bailout Bill Moves Forward Despite White House Veto Threat

    Jun 20, 2008 -- U.S. Senate lawmakers have decided to press on with their unethical and irresponsible mortgage bailout bill despite a veto threat from the White House.
  • Where the Presidential Candidates Stand on a Mortgage Bailout

    Jun 13, 2008 -- The housing crisis is a big issue for many voters. Not surprisingly, John McCain and Barack Obama offer vastly different plans to solve it. Let's see where they stand.
  • Fed Report Shows Americans Have Less Home Equity Than Ever Before

    Jun 05, 2008 -- Falling prices are eroding the value of U.S. homes. According to a new Fed report, the equity that Americans have in their homes has dropped to the lowest level on record.
  • Survey Says Most Renters Won't Buy a Home

    May 30, 2008 -- A survey commissioned by a national federation of state and local apartment associations shows that most renters will not be jumping into the U.S. housing market anytime soon. Has renting become the smart decision?
  • What the American People Think About a Mortgage Bailout

    May 22, 2008 -- Some politicians are in favor of providing assistance to the millions of homeowners who are facing default as a result of poor decision-making and falling home prices. Others are dead set against it. Let's see where the American people stand.
  • What Will Happen to Your Money When Your Bank Fails

    May 12, 2008 -- Small banks and big ones alike are on the verge of bankruptcy, due to all of the bad loans that have been approved over the past few years. Although people tend to assume that their money will be safe even if their banks fail, history has shown that this isn't always the case. Find out if your hard-earned cash is at risk.
  • A Comparison of U.S. Home Prices

    Apr 30, 2008 -- When it comes to home prices, location matters. Consider this: a $210,000 home in Atlanta, GA would be worth $1.4 million in Beverly Hills. The same home would be worth $509,000 in Washington D.C. and $207,000 in Phoenix. Find out how much homes might be worth in different cities in this home price comparison.
  • Three Reasons Why a Mortgage Bailout Is a Terrible Idea

    Apr 25, 2008 -- An open letter to all of the lawmakers and taxpayers who think a mortgage bailout is what we need to solve the housing crisis.
  • Most Expensive Cities and States to Rent a Two-Bedroom Apartment

    Apr 13, 2008 -- A national survey found that Stamford, Connecticut has most expensive rents among other U.S. cities. Residents need a household wage of $31.58 to afford fair market rent on a two-bedroom rental unit. Find out which other metro areas and states have high housing costs.
  • Lenders Giving Mortgage Borrowers Cash for Keys

    Apr 09, 2008 -- To get borrowers to leave a house--and leave it in good condition--mortgage lenders around the nation have begun offering cash for keys. Some lenders are paying out upwards of $3,000.
  • New Foreclosure Prevention Legislation Designed to Bail Out Big Business

    Apr 03, 2008 -- Republicans and Democrats are working on a new measure inappropriately named ''The Foreclosure Prevention Act of 2008''. This legislation is being billed as help for homeowners, but homebuilders and the mortgage industry are the true beneficiaries.
  • The Housing Market Is Not Making a Comeback

    Mar 27, 2008 -- The National Association of Realtors is still working overtime to convince the American consumer that the housing market is starting to turn around. What's worse is that some media outlets are buying this story and passing it on to people who are looking for real news.
  • World's Most Expensive Cities to Live IN and Visit

    Mar 21, 2008 -- Which cities are the most expensive ones to live in and to visit? Which are the cheapest? The answers might surprise you.
  • Democrats Want $20 Billion to Bailout Mortgage Borrowers

    Mar 15, 2008 -- Democrats unveiled a new plan last week that will allow the FHA to buy $300 billion in delinquent, underwater mortgages. The initial cost to taxpayers is estimated to be $20 billion.

June 2008

May 2008

April 2008

  • A Comparison of U.S. Home Prices

    Apr 30, 2008 -- When it comes to home prices, location matters. Consider this: a $210,000 home in Atlanta, GA would be worth $1.4 million in Beverly Hills. The same home would be worth $509,000 in Washington D.C. and $207,000 in Phoenix. Find out how much homes might be worth in different cities in this home price comparison.
  • View more articles from “April 2008”...

March 2008

  • The Latest in Mortgage Bailouts

    Mar 07, 2008 -- The worst housing slump since the Great Depression is prompting all manner of new bailout plans. Fed Chairman Ben Bernanke encourages banks to forgive portions of mortgage debt, the Democrats propose using billions in federal dollars on buying up bad loans, and the Bush Administration is prepared to dump bank losses on the taxpayers' shoulders.
  • View more articles from “March 2008”...

February 2008

  • Say Goodbye to Your Equity: Home Prices in a Freefall

    Feb 28, 2008 -- The new home price data released this week shows a historic drop in home prices. The negative declines are eating into equity across the country. An estimated 30 percent of U.S. homeowners are expected to be underwater by 2008.
  • Critics Claim Mortgage Giant Countrywide Played a Huge Role in Housing Crisis

    Feb 21, 2008 -- Mortgage company Countrywide Financial is now under fire for the role that they played in the ongoing housing crisis. Critics accuse this mortgage provider of having engaged in questionable lending practices in order to extract maximum profits. Countrywide CEO Angelo Mozilo, who has dumped his own stock, responds to the charges.
  • Celebrities Not Immune to the Real Estate Crisis

    Feb 15, 2008 -- Even celebs are feeling the pinch as with the worsening housing downturn. Some are actually facing foreclosure and may lose their homes to the subprime mortgage crisis. See which stars are losing in the real estate market here.
  • Stimulus Plan Is Risky for Taxpayers

    Feb 08, 2008 -- The officially passed stimulus plan will cross President Bush's desk this month. But before you get too excited about the bribe you will receive sometime in May or June, you should know that you are about to buy into one of the most fraudulent and devious plans in U.S. history.
  • View more articles from “February 2008”...

January 2008

December 2007

  • Foreclosures Are a Symptom, Home Prices Are the Problem

    Dec 19, 2007 -- The government is so intent on treating the symptoms of the most recent housing market debacle that they are failing to address the actual root of the problem: home prices.
  • Senate Passes FHA Reform Bill

    Dec 17, 2007 -- The U.S. Senate passed legislation on Friday that will expand the capabilities of the Federal Housing Administration. The bill will loosen underwriting standards and raise the limits on loans. Although this legislation is supported in certain circles, critics call it a threat to taxpayers.
  • US Housing Bust Vs. Japan Housing Bust: What We Can Learn

    Dec 13, 2007 -- The recent rise and fall of the U.S. housing market is not that different from Japan's multi-decade housing crash. We'll compare the two bubbles here and see if there is anything that the U.S. can and should learn from Japan's fallacies.
  • Mortgage Rate Freeze FAQ

    Dec 10, 2007 -- President Bush announced a plan last week to freeze interest rates on subprime loans due for rate resets. Read on to get the details of this plan, including how it works, why it has been initiated and whom it will help.
  • New Poll Gauges Public's Opinion of Subprime Rescue Packages

    Dec 06, 2007 -- A new poll conducted by the National Taxpayers Union shows that Americans have varying opinions on proposed plans to bail out subprime borrowers. Survey respondents weighed in on whether or not government intervention is necessary and who would benefit most from a taxpayer-funded bailout.
  • View more articles from “December 2007”...

November 2007

October 2007

September 2007

  • San Francisco Bay Area Real Estate Update- August 2007

    Sep 25, 2007 -- The San Francisco Bay Area housing market is showing serious signs of distress. During the month of August, home sales plummeted, median prices were up and down and foreclosures skyrocketed. The most depressed areas seem to be Contra Costa County, Solano County and Sonoma County.
  • Current Foreclosure Crisis Deemed the Worst in U.S. History

    Sep 14, 2007 -- According to foreclosure numbers recently released by the Mortgage Bankers Association (MBA), the United States is deep in the worst foreclosure crisis it has faced in its history. Over 14% of subprime borrowers are defaulting, and now it appears that many prime borrowers are beginning to follow suit.
  • San Francisco Bay Area Real Estate Report- July 2007

    Sep 01, 2007 -- Real estate continued to be a losing venture for many San Francisco Bay Area homeowners and housing market professionals during the month of July. Homes sold at the slowest pace since 1995, with the rate of sales falling throughout the nine county region with the exception of San Francisco. Median prices also dropped, with the biggest declines recorded in Solano and Sonoma Counties.
  • View more articles from “September 2007”...

August 2007

July 2007

June 2007

April 2007

March 2007

February 2007