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Time for Homebuilder M&A?

Posted by Realty Check with Diana Olick in Uncategorized on August 25, 2010

Economic conditions are very tough for homebuilders. Is a wave of mergers coming to this sector?

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Home Prices: They’re Not Quite What They Seem

Posted by Realty Check with Diana Olick in Uncategorized on August 24, 2010

"The buyers who left the market in the latest round are typical first-time buyers," says one market watcher, "but people who continue to stay in the market (are) people ... buying higher-priced homes."

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In Preparation for July Home Sales, a.k.a. Armageddon

Posted by Realty Check with Diana Olick in Uncategorized on August 23, 2010

It's been a while since I've sensed quite this much doom among the folks obsessed with housing (one told me simply, "You're going to be very busy!"), but July existing home sales are unquestionably the product of a perfect storm.

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Mortgage Bailout: Government Spin Accelerates

Posted by Realty Check with Diana Olick in Uncategorized on August 20, 2010

Month after month, officials at the Treasury Department and the Department of Housing and Urban Development have to report lackluster statistics on the U.S. administration's mortgage bailout—and try to find something positive to say about them.

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Housing Double Dip Is Not Just Tax Credit Hangover

Posted by Realty Check with Diana Olick in Uncategorized on August 19, 2010

There's no question that the home buyer tax credit, which expired at the end of April, pulled home buying demand forward and thus created an inevitable drop-off afterward. It would be wrong, however, to blame the current lull in home buying/selling entirely on the tax credit hangover.

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Refi Boom Could Bust Smaller Banks

Posted by Realty Check with Diana Olick in Uncategorized on August 18, 2010

With home prices way down and mortgage interest rates hovering near record lows, you would think more buyers would get off the fence and sign a contract, but continued weak consumer sentiment is hold them back.

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Reforming Fannie and Freddie: Is Now the Right Time?

Posted by Realty Check with Diana Olick in Uncategorized on August 13, 2010

In response to criticism by many in Congress that it should have added GSE reform to the financial reform bill, the Obama administration has repeatedly said the housing and mortgage markets are simply too fragile right now to weather the inevitable storm that debate would entail.

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Foreclosure Math: Shadow Inventory Adds Up

Posted by Realty Check with Diana Olick in Uncategorized on August 12, 2010

If we know exactly how much shadow inventory of foreclosed properties will come to market, and we know the general demand, then we can get an idea of how much pain there is ahead in the still-fragile housing recovery.

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Bigger Bailout for Unemployed Borrowers

Posted by Realty Check with Diana Olick in Uncategorized on August 11, 2010

We knew it was coming, as it was part of the recently signed financial reform bill, but today the Obama Administration announced it would be sending another $1 billion to unemployed borrowers to help them pay their mortgages.

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Bigger Bailout for Unemployed Borrowers

Posted by Realty Check with Diana Olick in Uncategorized on August 11, 2010

We knew it was coming, as it was part of the recently signed financial reform bill, but today the Obama Administration announced it would be sending another $1 billion to unemployed borrowers to help them pay their mortgages.

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