News Releases from Housing Predictor

News Releases News releases are posted from the newest to the oldest. The news releases posted here are for the use of news organizations, web site owners and bloggers, who want to keep their visitors up to date on the latest Housing Predictor news. They are provided here for you to copy and paste on to your online web sites and for the use of other off-line news organizations. Survey Shows U.S. Government Not Doing Enough Release date: … [Read more...]

Best Real Estate Markets in 2011

The best real estate markets for investors to put down their money in 2011 are located in a cross section of areas across the U.S., many of which are supported by strong government jobs. Hubs for high-tech, health care and education also make up the ten best markets to buy a home to make a profit on this year. Washington, D.C. leads off the list with the government adding an estimated 100,000 federal jobs since the Obama administration landed … [Read more...]

Mortgage Flu Hits Real Estate

As home foreclosures increase daily weakening real estate markets a new world flu has struck. The subprime crisis evolved into the national housing crisis only to become the mortgage flu. Some 89 percent of people surveyed by Housing Predictor blame mortgage companies for artificially inflating the housing market by selling too many mortgages to those unable to re-pay at higher rates. Five-hundred people were surveyed for the study, which … [Read more...]

Affordable Home Owners Insurance

Home owners insurance policies have sky-rocketed in some states, while others are seeing their policy prices remain close to the same. All this has occurred amid record high profits in the insurance industry. Last year insurance companies netted $68-billion, while insurance policies cover less and cost more. In 2005 insurance companies profited a record $48-billion. In many cases affordable home owners insurance is getting harder and harder to … [Read more...]

Top 10 Real Estate College Towns

Investors and parents shopping for rentals for college students might realize a sharp increase in rents when students go off to college this fall. Rents on homes and apartments rose an average of 4% in the U.S. in the last year, and higher rents are expected. released its second annual round-up of the top 10 college towns to consider investing in real estate. Topping the list are Boston, Massachusetts and Washington D.C., which … [Read more...]

Seismic Shift in U.S. Restrains Housing Market

By Kevin Chiu Consumer doubts over the banking system, political divisions in Washington, D.C., nagging high unemployment, a growth in the understanding among the U.S. population of political corruption and doubts about the economy are developing a seismic shift in the housing market. The shift has slowly been taking place for more than ten years, according to analysts, who warren that if Congressional and state policymakers don’t make … [Read more...]

5 States Sustain Half of Foreclosures

By Ryan Jackson Nearly half of all foreclosures in the U.S. were in the five hardest hit states in the nation during June, with California, Florida and Michigan sustaining the highest number of failed mortgages, according to real estate research firm CoreLogic. Texas and Georgia also suffered major losses in terms of foreclosed properties. Combined, the five account for 48.4% of formal lender repossessions. Most of the same states have … [Read more...]

Appraisal Reform Calls Grow

By Ryan Jackson Despite calls for sweeping reform of appraisal standards and new requirements that have already been implemented, calls for greater  appraisal reforms persist. As Congress takes up the next stages of financial reform appraisers are under going greater scrutiny. Accurate appraisals are fundamental to the successful performance of the financial markets that provide mortgages for real estate financing. New regulations … [Read more...]

All Cash Sales Slowly Slip

By Mike Colpitts All cash sales of homes, which accounted for one in three transactions just a year ago are slowly slipping as home shoppers searching for bargain priced properties run low on cash. The slip in cash sales sent closed transactions in May to account for just 28% of home sales, according to the National Association of Realtors. The drop-off accounted for a one percent decline from April and a 7% drop since a year ago this … [Read more...]

FDIC Bank Failures Decline

By Mike Colpitts Only 24 U.S. banks have failed so far and had to be closed by the Federal Deposit Insurance Corporation this year, the largest decline since the financial crisis started in 2008. The FDIC attributed the lower number of bank takeovers to an improving economy and an unwinding of bad mortgage debt. “This is the lowest number of banks in three years,” said FDIC spokesperson Lajuan Williams in Washington, D.C. “It’s good to see … [Read more...]