Fannie, Freddie settlements eat into PNC earnings

Fannie, Freddie settlements eat into PNC earnings

Earnings barely move from 4Q13

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower than expected

Here's proof the housing bubble is about to burst

This recovery is an illusion
W S
The Ticker

Here is why it is not another housing bubble

/ Print / Reprints /
| Share More
/ Text Size+

Home prices, as measured by Case-Shiller, are still down 27% from their peak seven years ago, writes Columbia Journalism Review. But Case-Shiller calculates nominal prices, not real ones. And the consumer price index (inflation) is up 15% since 2006. So real house prices are about 37% below 2006 levels and are just now returning to where they were 13 years ago.

Here’s a chart from the excellent Bill McBride of Calculated Risk, and provided by Columbia Journalism Review, showing real house prices going back a few decades.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus