Monthly Archives: November 2009

By Kathleen M. Howley Nov. 24 (Bloomberg) — U.S. home prices fell 3.8 percent in the third quarter from a year earlier, the smallest decline since the first quarter of 2008, as a tax credit for first-time homebuyers boosted demand … Continue reading →

By ALAN ZIBEL (AP) – 7 hours ago WASHINGTON — Home resales far exceeded expectations last month, surging to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit. The National … Continue reading →

http://dailyreckoning.com/latest-disastrous-housing-data-shows-homebuilders-are-hopeless/ 11/19/09 Stockholm, Sweden – October housing starts fell almost 11 percent. Mortgage applications have collapsed to a record 12-year low. Foreclosures are increasing the stock of homes to be sold at a pace of 300,000 per month.  Unemployment at … Continue reading →

Home foreclosures are likely to keep climbing through all of next year despite stabilizing housing prices in some areas, a major lender group said Thursday as it reported that the level of delinquencies and repossessed homes had jumped to a … Continue reading →

November 20, 2009 | 11:06 am Home prices may be showing signs of stabilization in hard-hit markets such as Southern California but foreclosures will nevertheless likely be a major problem in the near term as the tough economy makes it harder for … Continue reading →