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The Housing Bubble - Page 4

Horrible Housine Year 2007

WASHINGTON - Sales of existing homes fell 2.2% in December, closing out a horrible year for housing in which sales of single-family homes plunged by the largest amount in 25 years. The median home price dropped 1.8% for the year, first time that has occurred in four decades.
Ref. USA Today

Bubble Housing The

Home sales drop record 26.4%

WASHINGTON - New home sales plunged in 2007 by the largest amount on record, while home prices tumbled sharply in December. Analysts forecast more trouble in 2008 as housing tries to emerge from its worst slump in more than two decades. The Commerce Department reported Monday that sales of new homes dropped by 26.4 percent last year to 774,000. That marked the biggest decline on record, surpassing the old mark of a 23.1 percent plunge in 1980.
Ref. https://deseretnews.com/article/1,5143,695248094,00.html

The Housing Bubble History & Civil Business Politics

Is Housing and Real Estate Bubble Hype Irrational Exuberance?

The upside of the hype is for real estate consumers and investors. The housing bubble topic has produced real estate market information for new or nervous investors about specific markets. Little reporting on the bubble topic...
Read More - Click Here

Page 4 Bubble Housing The

Study Says U.S. 'Housing Bubble Has Popped'

A report on housing prices by Global Insight says that although prices for single-family homes are still heading downwards across the country, the rate of decline has gone down and "extreme overvaluation of house prices is essentially non-existent."
Ref. Source 9

Bubble Housing The

Oh, my gosh - how out of it are these guys? The bubble popped last year.

The Housing Bubble

US homebuilder confidence sinks:

Despite low mortgage rates, fewer people are buying new homes. Official data shows that in June alone purchases of existing homes declined by 5.1 percent. Ref. Source 4

The Housing Bubble - Page 4

.... That would be because so many people are out of work, right? At least in part. Who can even qualify if they have no income? Not to mention that credit is *tight* - lenders aren't lending unless you have golden credit and at least 20% down.

The Housing Bubble Politics Business Civil & History - Page 4

Even trying to refinance with a guaranteed VA loan is hard to get a loan because my credit score is not over 700. No one can buy a car or a a house because you have to put up a lot of money up front to just be considered. Your right FarSeer you need at least 20% down and golden credit.