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Tuesday November 24, 2009
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Housing Market News is an EIN News Service for political professionals. Constantly updated news and information about U.S. politics.
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Latest Housing Market News

  • Nearly One In Four Homeowners Under Water 24 Nov 2009 19:53 GMT
    ... 23 percent of mortgaged property in the U.S. was "under water" at the end of the third ... it's a worrisome problem for the overall housing market. Homeowners with negative equity are much more ...

  • Home Prices Up Slightly In September 2 hrs ago 24 Nov 2009 19:50 GMT
    ... Rising Prices Is Sign Housing Market's Recovery Continuing Posted: 6:03 am PST November ... sellers and banks," wrote Ian Shepherdson, chief U.S. economist at High Frequency Economics. "Prices could easily ...

  • U.S. thrifts report slight Q3 profit 24 Nov 2009 19:37 GMT
    ... WASHINGTON, Nov 24 (Reuters) - The U.S. thrift industry reported a slender profit in ... a near-record level, due to the continued housing market downturn and rising unemployment. "We see some ...

  • U.S. Economic Recovery and the Housing Sector Mirage 24 Nov 2009 19:36 GMT
    ... U.S. perma-bulls were once again giddy Tuesday morning ... to make the mortgage payments. The U.S. housing market has gone from bubble-and-bust to a game ... whereas during the (first) Great Depression, the United States had the world's largest and most-productive manufacturing ...

  • Fannie Mae Supports Neighborhood Stabilization Through 'First Look' Initiative 24 Nov 2009 19:30 GMT
    ... Owner Occupants and Buyers Using Public Funds WASHINGTON, Nov. 24 /PRNewswire-FirstCall/ -- Fannie Mae (NYSE: ... Neighborhood Stabilization Program (NSP) funds from the U.S. Department of Housing and Urban Development's (HUD) ... communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and ...

  • Home Prices May Be Nearing a New Dip 24 Nov 2009 19:30 GMT
    ... hope is giving way to pessimism. The housing market traditionally slows during the winter. This year, ... winter. covers about 45 percent of the United States housing market. The index is a three-month moving ...

  • Mass. home sales jumped 17% in October 24 Nov 2009 19:16 GMT
    ... said. “But we can’t say that the housing market has completely turned the corner yet because ... reported Tuesday that home prices in 20 U.S. cities also rose for a fourth straight month in ...

  • Law enforcement careers still strong in weak economy 24 Nov 2009 19:15 GMT
    ... over the next decade. According to the U.S. Bureau of Labor Statistics, the anticipated growth for the ... the advent of a declining economy and housing market, there is an increased demand for qualified ...

  • Report examines bank's shortcomings 24 Nov 2009 19:13 GMT
    ... was the third of more than 120 U.S. banks that failed this year. "The bank failed frankly ... anticipated the collapse that occurred in the housing market, and even if they were being really ...

  • Home Prices Up Slightly In September 24 Nov 2009 19:10 GMT
    ... Rising Prices Is Sign Housing Market's Recovery Continuing Posted: 9:03 am EST November ... sellers and banks," wrote Ian Shepherdson, chief U.S. economist at High Frequency Economics. "Prices could easily ...

  • Fears of a generation being 'lost' 24 Nov 2009 19:10 GMT
    ... and home-owning. Some look to Japan for clues, where the bursting of a property and stock bubble ... number will eventually rise again, helping the housing market as echo-boomers seek homes of their own. ...

  • 9% of Birmingham area homeowners 'underwater,' firm says 24 Nov 2009 18:56 GMT
    ... American CoreLogic says nearly one in four U.S. homeowners are 'underwater' on their mortgages. (Bloomberg News) ... to impact almost every segment of the housing market," First American CoreLogic Chief Economist said in ...

  • Ga.'s Isakson: No 2nd homebuyer credit extension 24 Nov 2009 18:55 GMT
    ... -- U.S. Sen. Johnny Isakson said there won't be ... will provide a needed boost to the housing market. "I have said from the beginning, unless ... 2005, according to records compiled by the Washington-based Center for Responsive Politics. The campaign finance ...

  • Nearly 11 Million U.S. Homes Underwater 24 Nov 2009 18:51 GMT
    ... Some experts say the housing market has bottomed, but one statistic indicates otherwise. ... one statistic indicates otherwise. The portion of U.S. homeowners who are “underwater” on their loans — ...

  • Report: Almost 1 in 4 borrowers underwater 24 Nov 2009 18:50 GMT
    ... shown glimmers of a recovery in the housing market, whose collapse helped spark one of the ... are worth. The Wall Street Journal, citing U.S. Census Bureau data, said that most U.S. homeowners still ...


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