Case-Shiller: Home price gains decelerate rapidly

Case-Shiller: Home price gains decelerate rapidly

Biggest drop in HPI since November 2012

Can Quicken Loans save Detroit?

Forbes: “Dan Gilbert is saving Detroit to help his business”

Monday Morning Cup of Coffee: Love or loathe – Reverse mortgages, Holder’s legacy

Plus, a week of critical housing and mortgage finance metrics ahoy
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Items Tagged with 'housing recovery'

ARTICLES

Initial jobless claims beat expectations, down to 280K

Weekly claims lowest since 2000
Trey Garrison
Initial jobless claims dropped to 280,000 for the week ending Sept. 13, dramatically better than expectations of 305,000, the lowest since 2000.
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Monday Morning Cup of Coffee: Headed toward another housing crash?

Luxury home sales about to tank? New CFPB rules ahead. Mortgage payoffs no more?
Trey Garrison
Are we going back down the same path that led to the housing crash? Where is the luxury home market heading, and why is the economy still putting along in low gear? Is paying off the mortgage going the way of the fax machine?
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Capital Economics remains bullish on housing

Move along, nothing to see here?
Trey Garrison
Despite the sharp slowdown in home price growth and housing in general, Capital Economics remains bullish on the U.S. housing market and mortgage growth.
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Freddie Mac: Top 5 most improved housing markets

Despite weak market, still improving
Brena Swanson
While the housing recovery remains at a snail’s pace, it is still improving, with the markets that exhibit stronger local economies and favorable demographics on an even faster pace of improvement. And these 5 metros top the charts for most improved.
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Zillow: Fewer homes underwater in second quarter

Blocks first-time buyers from moving
Brena Swanson
Although the percentage of underwater homeowners continues to heal, the remaining pain is left to struggling borrowers of low-price homes.
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Florida housing market settles into “new normal”

Property inventory up, prices up
Brena Swanson
“We are now beginning to see that the 'new normal' is really the 'old normal' with statistical patterns reminiscent of the market that prevailed prior to the frantic run-up of prices,” Florida Realtors Chief Economist John Tuccillo said.
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Wall Street returns to buying risky mortgages?

News doesn't always reflect reality
Brena Swanson
Due to the constant news following the recovery, an article in Yahoo made the point that when sifting through the financial pages these days, it’s hard to figure out if America is still agonizing over the crisis or wringing hands about the chances for the next one.
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HUD scorecard: Housing recovery trudges along

Housing indicators mixed in July
Brena Swanson
July’s housing scorecard posted much of the same, falling in line with the past several reports. This month's scorecard, in particular, was impacted by mixed market indicators.
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The housing market’s new normal?

2 things will have to change if we want the old market back again
Brena Swanson
What if the market the way it is now is the new normal?
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Freddie Mac: Housing growth remains stagnant

...But it's not all bad news
Brena Swanson
"We remain cautiously optimistic the housing recovery will continue, albeit slowly, until we see more tightening in the labor markets to give personal incomes a much-needed jolt,” Freddie Mac Chief Economist Frank Nothaft said.
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