Economist Reports the Housing Market Double Dip is Beginning

Economist Reports the Housing Market Double Dip is Beginning

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Doug Duncan, Fannie Mae chief economist, joins "The Exchange" to discuss mortgage rates hitting their lowest level since November 2016.

Home prices: The double-dip is near. "There will be differences by market, but generally, you may get a big discount by waiting a year [to buy]," said Dean Baker, co-director of the Center for Economic and Policy Research, who thinks the price drop will be closer to 10% or 15%.

Housing Market Forecast. Home sales in California are projected to rise to 428,300 units in 2018, a slight increase of 1.0 percent from 2017. Tight supply and low housing affordability continue to hinder market growth and put upward pressure on home prices. The statewide median price of existing single-family homes is expected to reach $582,000,

 · With the sole exception of the 1981 "double-dip," corporate bond yields have always made their most recent low over one year before the onset of the next recession.

Shadow Inventory To Peak in Summer of 2010: Barclays Shadow Inventory To Peak in Summer of 2010: barclays high-risk fha loans push mortgage risk index up in May fhfa assists 3.2 million troubled homeowners For awhile, loan defects had settled down in the mortgage industry, but they appear to be making their way back into the market due to heightened risk from government loans. First American.Deutsche Bank analysts expect pressure to extend HARP But deutsche bank analysts warn that there. “We continue to expect GNC to generate positive free cash flow in fiscal 2018, but are concerned that creditors may be reluctant to extend credit, or may.

BOSTON (November 2, 2017) – Consumers should expect home sales to flatten and home prices to continue to increase, though at a slower pace, according to a residential housing and economic forecast session at NAR’s 2018 REALTORS® Conference & Expo .. As Lawrence Yun, chief economist at the National Association of Realtors®, presented his 2019 housing and economic forecast, he.

Monday Morning Cup of Coffee: Investors keep sights on real estate Shares of Keurig Green Mountain Inc (GMCR) closed at $51.70 on Friday. Down 60% on the year and trading at a mere fraction of its 52-week high above $141/share, there was no solace in sight. Then.

Most Americans are concerned that the real estate market is going to crash. A recent survey found that 58% agreed that there would be a "housing bubble and price correction" by 2020. As a result, 83% of them believe it’s a good time to sell.

 · "I think we’ve let off the gas a bit," said David Arbit, director of research and economics for Minneapolis Area Realtors. "We haven’t quite slowed down yet."

(MarketWatch) – The evidence of a double-dipping housing market and economy are becoming undeniable. HGN11 have plummeted from $4.47 to $4.01 a pound in a month. Recent economic data confirm the.

SPECIAL REPORT. Evaluating the. CHIEF ECONOMIST AT CORELOGIC. ” National. The unemployment rate begins to recover at. 10 percent, reaching double digits for the first time. the recession, housing prices have returned to peak levels.. dip, posing an ongoing affordability challenge to state.

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