Here’s Why Housing Markets With Booming Prices Haven’t Fully Recovered: Construction

Why a Better Housing Finance Solution Shouldn’t be the Enemy of the Best Solution

Price rebounds are helping normalize the housing market: rising prices lift borrowers back above water, and price appreciation will encourage more homeowners to sell — which has already started to bring more inventory onto the market. Do these huge price rebounds mean these markets are back to “normal?” Hardly. Many of these rebounding markets are still hung over from the excesses of the bubble, with lots of vacant homes thanks to overbuilding during the bubble and slow household formation since the bubble burst.
For the original version including any supplementary images or video, visit http://www.huffingtonpost.com/jed-kolko/housing-market_b_3876194.html

Five key takeaways on America’s housing market

<img go!! src=’http://static4.businessinsider.com/image/510179bf69beddcc0800000e/the-florida-housing-market-is-on-fire.jpg&#8217; width=’200px’ style=’float:left;padding:5px’ />

Mortgage-interest rates are still very low despite the recent spike this year. But you should only buy a house if you can afford it, Duncan said. Investors pose a possible risk.
For the original version including any supplementary images or video, visit http://www.latimes.com/business/money/la-fi-mo-housing-fannie-mae-20130910,0,669217.story

Trulia Price Monitor_Line Chart_Aug2013

Were not designing a system from scratch. In that sense, something similar to the Corker/Warner idea should be the pig iron from which we create the new housing finance plowshare. It would be easier to smoothly transition from Fannie and Freddie to a single insurance entity for mortgages (like the FDIC for bank deposits).
For the original version including any supplementary images or video, visit http://www.forbes.com/sites/stanhumphries/2013/09/13/why-a-better-housing-finance-solution-shouldnt-be-the-enemy-of-the-best-solution/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s