Housing Market News

March 24, 2010

Stamp duty rumours for Budget are pre-election ’smoke and mirrors’ – Fair Investment Company

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Stamp duty rumours for Budget are pre-election 'smoke and mirrors'
Fair Investment Company
motivated by the upcoming general election and that if it comes to pass, will not be as beneficial to buyers or the housing market as expected.

Darling expected to raise stamp duty threshold – Moneywise Magazine

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Moneywise Magazine
Darling expected to raise stamp duty threshold
Moneywise Magazine
and the provision of social housing woefully inadequate, rented accommodation will become even more vital to the UK housing market," he adds.

and more »

First Time Home Buyer Tax Credit Extension ? April 30th Expiration a Popular Issue – Subprime Blogger (blog)

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First Time Home Buyer Tax Credit Extension ? April 30th Expiration a Popular Issue
Subprime Blogger (blog)
Many Americans are wondering if there will be an extension of this tax credit as there are many signs of a slowing housing market.

The Day Ahead: EU Issues, Durable Goods, New Home Sales, Treasury Auction – MortgageNewsDaily.com

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The Day Ahead: EU Issues, Durable Goods, New Home Sales, Treasury Auction
MortgageNewsDaily.com
?Sales are weak because builders, who must cover their costs, have trouble competing in today's saturated housing market,? said economists from IHS Global

and more »

Canadians worried about home prices, mortgage rates: Surveys – Vancouver Sun

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Canadians worried about home prices, mortgage rates: Surveys
Vancouver Sun
about rising prices and interest rates, but that is not stopping many from entering the housing market sooner, or taking on more debt than they want to.

Live analysis of the Budget by The Times’s Economics team, March 24 at 12.30pm – Times Online

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Live analysis of the Budget by The Times's Economics team, March 24 at 12.30pm
Times Online
Did the stamp duty break boost the housing market? Industry sectors news at a glance. Interactive heatmap, video and podcast We are backing British business

The Next Act in the Reform Drama ? Fannie and Freddie – MoneyRates (blog)

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The Next Act in the Reform Drama ? Fannie and Freddie
MoneyRates (blog)
The government remains thoroughly tied up in orchestrating the recovery of the housing market. Even as it plans to scale back its direct intervention in the

and more »

Darling ’should offer greater mortgage support to FTBs’ – Which4U – UK

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Which4U – UK
Darling 'should offer greater mortgage support to FTBs'
Which4U – UK
Peter Bolton King, NAEA chief executive, states: "FTBs are central to a properly functioning housing market so it makes good economic, social and political

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Obama to overhaul Fannie Mae, Freddie Mac – The Virginian-Pilot

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Obama to overhaul Fannie Mae, Freddie Mac
The Virginian-Pilot
The treasury secretary also argued for continued government subsidy of the housing market. But it's not clear what system might replace Fannie and Freddie

Comtex SmarTrend(R) Morning Call — March 24, 2010 – Trading Markets (press release)

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Comtex SmarTrend(R) Morning Call — March 24, 2010
Trading Markets (press release)
The recession began two years ago when the housing market bubble popped. It is no surprise that investors will want to see that market recover before being

Report: Massachusetts Economy Recovering – WCVB-TV

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Report: Massachusetts Economy Recovering
WCVB-TV
Moody's Economy.com said the state actually started recovering in January, buoyed by a strengthening housing market. A top economic analysis firm says

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It’s Budget Day, Wahoo! – Mortgage Strategy (blog)

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Mortgage Strategy (blog)
It's Budget Day, Wahoo!
Mortgage Strategy (blog)
If this were to finally happen it would provide a nice boost to the housing market and you will hear the audible sighs of relief from beleaguered first-time

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Region better off than rest of US – istockAnalyst.com (press release)

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Region better off than rest of US
istockAnalyst.com (press release)
The Northeast is the frontrunner when it comes to commercial real estate, employment and the housing market. Still, a combination of falling prices,

Stocks rise as investors anticipate big rally – Buffalo News

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Stocks rise as investors anticipate big rally
Buffalo News
For now, the sales numbers aren't hurting hopes that the economy can recover even if the housing market is still sluggish. The Commerce Department today is

Shea Expands Into LV With Ardiente Acquisition – GlobeSt.com

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Shea Expands Into LV With Ardiente Acquisition
GlobeSt.com
Shea's move into the Las Vegas market comes at a time when the region's housing market, although not rebounding robustly, is at least showing signs of

JP Morgan Home Loan Modifications?Are They Still Stopping Foreclosures? – Red, White, and Blue Press (blog)

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JP Morgan Home Loan Modifications?Are They Still Stopping Foreclosures?
Red, White, and Blue Press (blog)
have trouble with second liens on their home and underwater mortgages that are causing not only lenders trouble, but also the housing market as well.

and more »

The $6500 Repeat Homebuyer Tax Credit?Will There Be Another Extension To The … – Red, White, and Blue Press (blog)

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The $6500 Repeat Homebuyer Tax Credit?Will There Be Another Extension To The
Red, White, and Blue Press (blog)
While there have been homeowners looking to financial assistance to move into a new house, there are concerns over the housing market still, despite many

World stock markets news summary (US, UK, Europe, Asia) (March 24, 2010) – Stock Markets Review

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World stock markets news summary (US, UK, Europe, Asia) (March 24, 2010)
Stock Markets Review
Also says labour market is 'showing signs of stabilising', however unemployment may 'stay high for years' and says housing market 'seems to have stalled'.

Home Loan Demand Down 2nd Week as Rates Rise – ABC News

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Home Loan Demand Down 2nd Week as Rates Rise
ABC News
but activity was down from a year earlier, further evidence that the housing market has hit a lull after showing signs of a recovery late last year.

Live debate: Deconstruct the Budget with Anatole Kaletsky and Daniel … – Times Online

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Live debate: Deconstruct the Budget with Anatole Kaletsky and Daniel
Times Online
Did the stamp duty break boost the housing market? Industry sectors news at a glance. Interactive heatmap, video and podcast We are backing British business

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