Tag Archives: Housing Markets

Real estate agents and brokers say turmoil in financial markets is planting doubts in the minds of some would-be homebuyers even as it signals opportunity for others. Plunging stock prices initially sparked by Friday’s downgrade of the U.S.’s long-term debt rating and reinforced by lingering fears of a European debt crisis don’t necessarily signal that the U.S. is headed into a “double dip” recession. So far, investor flight to the relative safety of bonds and mortgage-backed securities that fund most home loans has pushed the cost of borrowing down — […]

Recovery? In these areas, hitting the bottom of will have to come first The real estate market is already in the deepest depression in modern U.S. history. If you think it can’t get any worse, think again. In several cities, the real estate market is about to drop even more. Home values in many of those cities, such as Las Vegas, have already collapsed as unemployment has shot higher. And with no hope of quick recovery, housing prices are expected to continue to fall. 24/7 Wall St. identified ten housing […]