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Posts Tagged ‘recovery’

House market recovery ‘unlikely’ in 2011

04 Jul

House market recovery ‘unlikely’ in 2011
A HOUSING market recovery is now highly unlikely this year, the UK’s third-biggest lender has said after revealing that Scottish prices have dropped 3.2 per cent since las

Read more on The Scotsman

 

Two years before a Scottish housing market recovery

13 May

Two years before a Scottish housing market recovery
The Scottish housing market is at least two years away from a recovery as squeezed household incomes, public-sector cuts and lending restrictions continue to suppress demand,

Read more on The Scotsman: Business

 

Bernanke: Jobs and housing ‘holding back’ recovery

30 Apr

Bernanke: Jobs and housing ‘holding back’ recovery
Federal Reserve Chairman Ben Bernnake departs after speaking during a press conference following the April 26-27 Federal Open Market Committee in Washington. High unemployment and a sclerotic housing market …

Read more on AFP Journal Internet Finance News (EU) via Yahoo! UK & Ireland Finance

 

Ex-governor of Fed sees housing as drag on recovery

17 Apr

Ex-governor of Fed sees housing as drag on recovery
The slumping housing market could continue to be a drag on the U. S. economy for years to come, a former member of the Federal Reserve’s Board of Governors said Thursday.

Read more on The Buffalo News

 

Housing market inching toward recovery

07 Apr

Housing market inching toward recovery
MORONGO BASIN— The Hi-Desert hasn’t been immune to the national housing market’s ills, but local realtors say this area may be recovering.

Read more on Hi-Desert Star

 

State Tax Revenue Points to Recovery

14 Mar

State Tax Revenue Points to Recovery
(AJC) — The job market may be struggling, housing prices still sliding, the purchasing power of paychecks shrinking and one of every six Georgians receiving food stamps. But there is one sign that the economy is growing, and there lies hope that those other measures also will improve. Reason to believe rests on this: Rising [...]

Read more on The Atlanta Post

 

Housing Market Recovery Depends on Jobs and Access to Credit, Says NAR

18 Nov

Housing Market Recovery Depends on Jobs and Access to Credit, Says NAR
RISMEDIA, November 18, 2010—Although the recent trend of rising long-term borrowing rates may mean higher mortgages for consumers in the coming months, the greater obstacles to housing market recovery are job creation and availability of credit, according to a National…

Read more on RISMedia Real Estate News

 

REO Foreclosure Specialist, Frank Patrick, Explains How Stopping Foreclosures Will Threaten Housing Recovery

08 Nov

REO Foreclosure Specialist, Frank Patrick, Explains How Stopping Foreclosures Will Threaten Housing Recovery
Scottsdale, Ariz. November 8, 2010 Frank Patrick, foreclosure trash-out and reo specialist, recently wrote an article discussing how REO sales have become an increasingly important sector of the real estate market, especially in states that have been hardest hit by the housing crisis, and how any attempt to slow down the foreclosure process could imperil the beginnings of a fragile housing…

Read more on PitchEngine

 

A US housing recovery? Get real

20 Oct

A US housing recovery? Get real
Beware anybody who says the housing market in the US is “bottoming.” They are either misinformed or have an agenda, because the decline is continuing and it’s going to be a slow and costly turnaround, writes John Mauldin .

Read more on Crikey

 

Brooklyn Real Estate Shows Signs of Recovery

15 Oct

Brooklyn Real Estate Shows Signs of Recovery
A third-quarter market report to be released Friday shows that the Brooklyn housing market has rebounded fairly quickly from the 2008 housing crash.

Read more on New York Times

 
 

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