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Tag Archives: housing recovery
It really all does come down to a confidence game in the end. An online article yesterday in Housing Predictor, titled: “Low Economic Confidence Hinders Housing Recovery,” states the case clearly. Their research indicates that “exceptionally high volatility in financial markets has led Americans to doubt a recovery in the housing market is possible, at least for the time being, according to a new Housing Predictor opinion poll.” (Source
Mortgage Banking News’s Lew Sichelman says it’s time for the Obama Administration to appoint a “housing czar” to clear the market of distressed houses.
Home values are falling.
Home values are stabilizing.
Hundreds of thousands of buyers with FHA loans are slipping underwater.
FHA borrowers are standing by their loans.
What’s to believe?
At first, it seems two state-of-the-housing-market articles published today within a few hours of each other at Investors.com and CNBC.com contradict each other. In the Investors.com article, writer Kevin Harlin envisions a new round of defaults and a… Continue reading
I’ve heard recently that the lack of trust within the financial and mortgage industry is the largest hindrance to a recovery.
This sentiment has reminded me of a quote, ”Blame and Trust cannot co-exist.”
Headlines from our industry seem to focus 20% on the root problem, and 80% on WHO’S RESPONSIBLE. The real damage is done when energies are applied proportionally.
For example: how long do you think it would take… Continue reading
If you join FNC’s free webinar this Tuesday at 1 p.m. (CDT), you will learn how to use our new free online Residential Price Index—and how to pinpoint zip codes that are recovering economically and ripe for investment as well as those buffeted and battered. (Those of you in Florida and Texas will find this particularly interesting).
You can register by clicking here.
In the meantime, here are the… Continue reading