Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Wednesday, May 08, 2019
UK Interest-only Mortgage Prodcuts Double but Approvals Fall / Housing-Market / Mortgages
By: MoneyFacts
The latest research from Moneyfacts.co.uk shows that the number of interest-only mortgage products has almost doubled over the past six years, rising from 102 products in May 2013 to 193 products today. However, this increase in products has not led to a greater number of approvals of this type of product.
Figures released by the Financial Conduct Authority (FCA) and the Bank of England show that approvals for interest-only mortgages have fallen from 26,592 in Q1 2013 to 24,148 in Q4 2018*. This decrease comes despite overall residential mortgage approvals nearly doubling over the same period, from 183,900 to 323,700.
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Monday, May 06, 2019
Impact of Demographics on UK House Prices / Housing-Market / UK Housing
By: Nadeem_Walayat
This analysis directly continues on from (UK Real Unemployment Rate is 5.5 million - Britains Benefits Culture) which is part of a series that aims to conclude in a new multi-year trend forecast for UK house prices. But first a recap of my analysis to date that so far suggests to ignore mainstream press hysteria that warns of impending doom for Britains housing market, encouraged no less than the Government and Bank of England which warn to expect a 30% CRASH in UK house prices should the UK LEAVE the EU without a deal.
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Wednesday, May 01, 2019
US Housing Market House Prices Bull Market Trend Current State / Housing-Market / US Housing
By: Nadeem_Walayat
It's been a while since my last analysis of the US housing market, in fact a full 3 years, preceded by my original 3 year trend forecast covering November 2012 to early 2016 that forecast a strong a bull market against expectations at the time (and for many subsequent years), for it's forgotten today that in the aftermath of the financial crisis the prevailing view was that the US housing market was dead for a generation, and this not just from the usual perma doom merchants (I don't like to name names but you know who they are!) but was consensus view at the time.
So before we plunge into the analysis deep towards concluding in a trend forecast, it's good to understand the reasons why the consensus led by academics usually tend to find themselves on the WRONG side of major market trends.
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Sunday, April 28, 2019
UK Demographics Crisis Silver Lining of Sorts / Housing-Market / Demographics
By: Nadeem_Walayat
This analysis directly continues on from (Britain's Demographic Time Bomb Has Gone Off!) which is part of a series that aims to conclude in a new multi-year trend forecast for UK house prices. But first a recap of my analysis to date that so far suggests to ignore mainstream press hysteria that warns of impending doom for Britains housing market, encouraged no less than the Government and Bank of England which warn to expect a 30% CRASH in UK house prices should the UK LEAVE the EU without a deal.
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Saturday, April 27, 2019
How to Make Money on Your House / Housing-Market / US Housing
By: Rodney_Johnson
My house is in a bit of disarray. We’re spring cleaning, but it’s more than that. We’ve decided to move, so going through clutter takes on new meaning.We don’t need to move, but as I wrote a few weeks ago, we’re looking to the future and trying to determine how best to position ourselves. Two hundred feet from open water in one of the more expensive homes in the neighborhood looks less attractive when I consider rising taxes and higher flood insurance. As many of you commented, it might be time.
But now I’m a bit anxious. Other high-end homes in my neighborhood aren’t moving. After making a tentative decision to sell, I have that nagging worry that I won’t be able to get the price I want.
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Saturday, April 27, 2019
Dangers in the US Real Estate Market / Housing-Market / US Housing
By: Harry_Dent
There’s been a lot in the news lately about a slowing U.S. property market, with San Francisco a particular worry. According to Reuters, home sales fell more than expected last month. The National Association of Realtors said that existing home sales dropped 4.9%.
I’m, in fact, in Australia for the next two weeks – my third visit in 14 months – because real estate prices are cratering. Everyone seems shocked. I’ve been warning of this for a long time now.
While scanning headlines at 2 a.m. local time (4 p.m. Eastern – jet lag’s a *****), I saw several articles about trouble brewing in the San Francisco real estate market. Again, not surprised.
Friday, April 26, 2019
8 Tips for Choosing Your First Investment Property / Housing-Market / Buy to Let
By: Steve_Barker
If you’re looking for your first investment property, you’ve no doubt familiarized yourself with trends in mortgage and interest rates and have decided that now is the time. The process may seem daunting, at first, but you’ll find it’s more manageable than you might think.In choosing your investment property, you’re choosing to invest in your dreams. With this in mind, here are a few tips to help you out.
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Wednesday, April 24, 2019
UK Home Owners Motivation to Remortgage Expected to Increase / Housing-Market / Mortgages
By: MoneyFacts
The latest research from Moneyfacts.co.uk shows that the motivation for existing borrowers to remortgage from a lender’s standard variable rate (SVR) is increasing and is expected to reach a peak in October 2019. Borrowers who opted for a two-year fixed rate at an average rate of 2.30% in May 2017 could see their interest rate more than double when moved onto the average SVR of 4.89%.
Further Moneyfacts.co.uk research shows that the average two-year fixed rate reached a record low of 2.20% in October 2017 and if the average SVR remains constant at 4.89%, the projected average difference in the revert rate will increase from 2.59% to 2.69% by October 2019, increasing the motivation to remortgage even further.
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Friday, April 12, 2019
Elliott Wave Analysis of XLRE (Real Estate Select Sector SPDR ETF) / Housing-Market / US Housing
By: WavePatternTraders
XLREThis index is one of the more cleaner markets and showing a potential impulse wave (5 wave advance) from the Dec 2018 lows, whilst many other sectors and US stock markets have lagged this index, the clarity of this particular index, actually highlights a potential setup for a reversal and an opportunity for those that want to bet on a potential decline.
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Friday, April 05, 2019
Australia Is on the Brink of a Housing Market Collapse That Resembles 2008 / Housing-Market / Austrailia
By: John_Mauldin
The US has been an “island of stability” as economic woes grow all over the world. Other such islands exist, too.
Australia is high on the list. The last Down Under recession was 27—yes, 27—years ago in 1991. No other developed economy can say the same.
The long streak has a lot to do with being one of China’s top raw material suppliers during its historic boom. Australia has done other things right, too.
But all good things come to an end. While not officially in recession yet, Australia’s growth is slowing.
Wednesday, April 03, 2019
Credit-impaired Mortgage Decline, but so Have Shorter-term Interest Rates / Housing-Market / Mortgages
By: MoneyFacts
The latest research from Moneyfacts.co.uk shows that the number of credit-impaired residential mortgages has decreased by 261 to 590 products over the past six months. However, although choice is becoming more limited overall, the average credit-impaired two-year fixed rate mortgage has fallen by 0.13% to 4.36% since October last year while the average three-year rate has fallen by 0.30% over the same period.
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Sunday, March 31, 2019
UK Population Growth Trend Forecast and Housing Market Consequences / Housing-Market / UK Housing
By: Nadeem_Walayat
This analysis directly continues on from (UK Population Growth - Latest ONS Immigration Statistics and Consequences) which is part of a series that aims to conclude in a new multi-year trend forecast for UK house prices. But first a recap of my analysis to date that so far suggests to ignore mainstream press hysteria that warns of impending doom for Britains housing market, encouraged no less than the Government and Bank of England which warn to expect a 30% CRASH in UK house prices should the UK LEAVE the EU without a deal.
Instead my analysis so far (first made available to patrons) continues to paint a picture for UK house prices to remain on an overall upward trend trajectory.
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Monday, March 25, 2019
Mortgage Providers Encourage First-time Buyers Cutting Margins on 95% loans / Housing-Market / Mortgages
By: MoneyFacts
The latest research from Moneyfacts.co.uk shows that the margin between the average two-year fixed mortgage rate at maximum 95% and 90% loan-to-value (LTV) is at its narrowest since February 2013, with the difference between these two higher LTV rates currently standing at 0.65%, down from a high of 1.57% in October 2017. This has been driven by average rates at 95% LTV falling dramatically since then, offering hope for borrowers who can only amass a 5% deposit.
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Sunday, March 24, 2019
UK Population Growth - Latest ONS Immigration Statistics and Consequences / Housing-Market / Immigration
By: Nadeem_Walayat
This analysis directly continues on from Part 1 (UK House Prices, Immigration, and Population Growth Mega Trend Forecast - Part1) which is part of a series that aims to conclude in a new multi-year trend forecast for UK house prices. But first a recap of my analysis to date that so far suggests to ignore mainstream press hysteria that warns of impending doom for Britains housing market, encouraged no less than the Government and Bank of England which warn to expect a 30% CRASH in UK house prices should the UK LEAVE the EU without a deal.
Wednesday, March 20, 2019
Here’s What You’re Not Hearing About the US - China Trade War / Housing-Market / US Housing
By: Harry_Dent
China’s been playing hardball with the U.S. over trade talks. There’s good reason: they’re gunning for the title of Top Global Economic Power, above the U.S. and other players.They’re embracing the short-term pain to win the long-term fight.
But…
They have growing problems, with slowing growth and exports, and we’ve heard much about this lately from Main Street. But those are only symptoms.
Deep down, they have a demographic problem, an overinvestment-in-infrastructure problem, and a real estate problem. Today, let’s talk about that last one.
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Sunday, March 10, 2019
Taylor Wimpey Reports £811m in Profits boosted by Help-to-Buy / Housing-Market / UK Housing
By: Boris_Dzhingarov
The housing market slow down many feared resulting from the uncertainty of Brexit and been quelled by the United Kingdom’s low mortgage rates and its help-to-buy program. Housebuilders across the country have reported profits this year including Taylor Wimpey, and that signals a solid start to 2019.Taylor Wimpey, the third largest builder in Britain, reported pre-tax profits of £810.7 million for the 2018 year on 15,275 house built. This was an increase of 19% and saw its shares rise by 3%, and that saw them becoming one of the top on the FTSE 100.
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Thursday, March 07, 2019
Millennial Home Buyers Not as Active as Boomers Were in US Property Market / Housing-Market / US Housing
By: Harry_Dent
Andrea Riquier, my favorite commentator on the housing market, grabbed my attention again with her 2018 MarketWatch article entitled “Missing Millennial Homeownership Endangers the American Dream.” You can follow her on Twitter @ARiquier.She pointed to a report from the Urban Institute’s Housing Finance Policy Center that suggests the “story of Millennials and homeownership is in many ways a story of inequality in America – and one that might be getting worse,” as she put it.
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Thursday, March 07, 2019
How Will Boomers Affect US Real Estate and Nursing Homes / Housing-Market / US Housing
By: Harry_Dent
Recently we talked about why Millennials aren’t buying a house at the same rate as their Boomer and Gen X parents. Today, let’s talk about how Boomers and Gen Xers are actually contributing to the housing shortage, and so driving up prices and thwarting the ability of younger people to buy.And…
Why that could start to change rapidly just ahead.
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Monday, March 04, 2019
UK House Prices, Immigration, and Population Growth Mega Trend Forecast - Part1 / Housing-Market / Immigration
By: Nadeem_Walayat
My latest analysis in a series aimed at arriving at a new multi-year trend forecast for UK house prices covers population growth which is one of the key primary drivers for UK house prices which since the Labour government of 1997 natural population growth net of births and deaths has been vastly supplemented by what has amounted to out of control immigration courtesy of Britain's membership of the European Union and the former Labour governments objective for the importation of millions of potential Labour voters from mostly new member states from across an impoverished eastern europe that resulted in near 5 million economic migrants settling in the UK by 2016, mostly in what were already over crowded British cities, thus putting severe pressure on services and infrastructure and the whole housing market as the likes of the rental sector soared with 1 million new buy to let landlords entering the market buying 4 million properties, forcing up house prices across the board where rents in large part are being funded by tax payers in the form of the soaring housing benefits bill.
Wednesday, February 27, 2019
Home Equity Release Market Expands to Meet Growing Demand / Housing-Market / Mortgages
By: MoneyFacts
The equity release market has evolved significantly over the past five years, so much so that the number of deals available has expanded enormously. This increase in choice has been driven by growing demand from consumers searching for options to release cash from their homes.
Indeed, the latest research from Moneyfacts.co.uk can reveal that there are now over 200 lifetime equity release deals available on the market today, five times more than that seen in 2014, when there were just 40. Not only this, but the market has grown by more than 50% since a year ago, when there were 131 deals available.
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