How To Spot A Housing Bubble

Does the UK housing market really need more help?

Does the UK housing market really need more help?

However, this slow growth should be viewed together with Australia’s read here high household debt-to-income ratio, which the RBA has warned about. It is at 147.3 per cent, lower than the record-level of 153 per cent which it reached before the financial crisis, according to data from the central bank. As Bloomberg has pointed out, that’s still higher than the 133 per cent household debt-to-income ratio for Americans at the peak of the subprime mortgage boom, according to Federal Reserve Bank of San Francisco data. 3. Lending standards Closely linked to a strong rise in credit growth are banks’ lending standards.
For the original version including any supplementary images or video, visit http://www.theage.com.au/business/the-economy/how-to-spot-a-housing-bubble-20130925-2ue44.html

Why I Feel the Housing Market Is Topping Out

Why I Feel the Housing Market Is Topping Out image Case Shiller Home Price Chart 600x267

However, I feel there could be a sort of bubble on the horizon. Why I Feel the Housing Market Is Topping Out Chart courtesy of http://www.StockCharts.com Let me explain. The upward move in the housing market has largely been driven by foreclosures, short sales, and very affordable mortgage rates. The problem now is that financing rates are not going to stay at these low levels indefinitely. Interest rates are heading up, folks, and its not a matter of if, but when.
For the original version including any supplementary images or video, visit http://smallbusiness.yahoo.com/advisor/why-feel-housing-market-topping-152551715.html

Are we in a housing bubble? (Video Thumbnail)

It could require the banks to hold more capital for loans made in certain markets. There could also be additional caps placed on loan-to-value or loan-to-income. Miller added that Bank’s monetary policy was set up nationally despite large regional differences and said a regional approach to regulation could be enforced for housing. He said: The Bank should do it now before the housing market become unsustainable . The real problem Boulger had concerns about the Bank taking a regional approach to lending would be discriminatory.
For the original version including any supplementary images or video, visit http://www.citywire.co.uk/money/does-the-uk-housing-market-really-need-more-help/a705571

Advertisements

How To Spot A Housing Bubble

internet Are we in a housing bubble? (Video Thumbnail)

UBS analysts said in a report earlier this week thatthe “significant growth in negatively geared investment property over the last 20 years should be of concern”. The analysts warned that Australian banks have more investment property in New Zealand and the UK – 32 per cent compared to 20 per cent and 12 per cent respectively. “We believe that Australia’s large exposure to a very highly leveraged landlord population is a significant systemic risk.
For the original version including any supplementary images or video, visit http://www.theage.com.au/business/the-economy/how-to-spot-a-housing-bubble-20130925-2ue44.html

Fed Not Tapering Should Boost Canada’s Housing Market

Chairman of the U.S. Federal Reserve Ben Bernanke speaks during a news conference in Washington, D.C., on Sept. 18, 2013. The Fed cut its U.S. economic growth forecasts for this year and 2014 as it unexpectedly left its asset purchase program unchanged. (Jim Watson/AFP/Getty Images)

Federal Reserve chairman Ben Bernanke announced that there would be no tapering of bond purchases on Sept. 18. Expectations had been building since May that the Federal Open Market Committee (FOMC) would announce at their September meeting a reduction (taper) in the $85 billion a month of U.S. Treasury and mortgage-backed securities the Fed had been purchasing. No tapering was a real shocker to financial markets. Not only did Bernanke seemingly de-emphasize the role of the U.S. unemployment rate and up the focus on inflation and the broader economic outlook, he also downgraded the 2013-14 growth and inflation projections. To make a long story short, the FOMC is concerned about tighter financial conditionsmainly the sharp rise in U.S.
For the original version including any supplementary images or video, visit http://www.theepochtimes.com/n3/299738-fed-not-tapering-should-boost-canadas-housing-market/

Are Rental Yields High Compared To Uk Interest Rates?

Are rental yields cheap compared to UK interest rates?

As a consequence, a yield of in excess of 6% from a rental property in some parts of the UK compares favourably to minimal savings income. Property prices If we now put aside the comparison between UK base rates and property rental yields, and look at property prices on the whole, there are also other reasons why they are moving higher. It is becoming more and more evident that rental yields are likely to increase with rents up by 4% on average across the UK in August equating to an 11% year-on-year increase. This means that in real terms rents are rising by in excess of 8% at the moment.
For the original version including any supplementary images or video, visit http://www.propertyforum.com/property-in-the-uk/are-rental-yields-high-compared-to-uk-interest-rates.html

HEMET: Modified rental ordinance finally approved

We compromised and I think we did well. When the program begins also has been changed. property management baltimore md Originally, owners of multi-family units were to be registered by the end of 2013 and those who rent out single-family homes or duplexes were to sign up by July 2014. Now, the deadline for the multi-family complexes will be March 31, 2014 with single-units needing to register by Sept.
For the original version including any supplementary images or video, visit http://www.pe.com/local-news/riverside-county/hemet/hemet-headlines-index/20130925-hemet-modified-rental-ordinance-finally-approved.ece

Nj Supreme Court Rules Nonprofit Housing Groups Do Not Pay Property Taxes

First Person: The Housing Market Won’t Fully Recover in My Lifetime

The decision upholds an appellate ruling, and overturns decisions made by the state Tax Court and the Bergen County Board of Taxation in a case brought by Teaneck, Bergenfield, Little Ferry, Ramsey, Ridgefield Park, Lodi, Fairview, Leonia and Hackensack in 2004. The municipalities argued, and the tax court agreed, the people who lived at Advance’s properties were not required to participate in the support services. “Advance Housing was running essentially a subsidized housing program for clients who happen to be eligible for its supportive and counseling services,” according to Albin’s summation of the Tax Court’s ruling. “We understand and respect the decision,” said Paul Elias, special tax counsel for Fairview said today after reading the decision. “But there is a potential for unintended consequences …
For the original version including any supplementary images or video, visit http://www.nj.com/politics/index.ssf/2013/09/nj_supreme_court_nonprofit_housing_groups_for_mentally_disabled_people_exempt_from_property_taxes.html

Racing against rising rates Another factor that will hold back the housing market recovery is maryland property management companies the rising interest rates. Most young people can’t afford to pay higher prices for homes because of the added interest costs due to higher mortgage rates. Even though experts say the existing home sales leapt to their second-highest level in the past six years, I don’t think that means sales will continue to jump.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/first-person-housing-market-won-t-fully-recover-155500228–finance.html

Housing Market Revival To Push Socal Rent Prices Higher

property management company maryland

According to the study, Los Angeles County had the second-lowest vacancy rate at 3.2 percent, down 10.6 percent. On average, renters countywide paid an average of $1,435 per month and had the largest rate of increase at 2.86 percent. The vacancy rate for Orange County was also at 3.2 percent, down 12.4 percent; and the Inland Empire was 3.6 percent, down 17.3 percent. The sharp rise in demand is being primarily driven by deteriorating home affordability, according to Richard Green, director of the Lusk Center and co-author of the study. Despite marked improvements in employment and the overall economy, the rapid increase in home prices and interest rates are pricing first-time homebuyers out of the local market, Green said.
For the original version including any supplementary images or video, visit http://losangeles.cbslocal.com/2013/09/24/housing-market-revival-to-push-socal-rent-prices-higher/

Is There a Bubble in the U.K. Housing Market?

Revenues were also better than expected at $1.6 billion, versus analyst estimates for $1.56 billion. KB Home ( KBH ) also reported better-than-expected earnings this morning. The company reported quarterly earnings of $0.30 per share, topping the $0.21 analysts were expecting. I think the housing market can tolerate higher interest rates, since homebuilders will just have to adjust home prices a bit to accommodate for the higher rates, but the real threat remains the jobs market. Job growth and income growth are going to be the key factors which ultimately determine the fate of the housing market. Until we see a big return of jobs and higher wages, the housing recovery is going to be in jeopardy.
For the original version including any supplementary images or video, visit http://www.marketintelligencecenter.com/articles/334837

Is the housing recovery in danger?

Does Disney have a problem in its movie division?  - Marketintelligencecenter.com

Housing Market? Tweet Email Play Sept. 25 (Bloomberg) Bank of America Merrill Lynch Fixed Income Strategist John Wraith discusses the U.K. Housing Market with Anna Edwards and Mark Barton on Bloomberg Televisions Countdown. (Source: Bloomberg)
For the original version including any supplementary images or video, visit http://www.businessweek.com/videos/2013-09-25/is-there-a-bubble-in-the-u-dot-k-dot-housing-market

Blueprint Healthcare Real Estate Advisors Launches National Advisory Firm

As the baby boomers age and more segments of the population enter into the healthcare system through the Affordable Care Act, healthcare-related properties are likely to see a major boost, said Gehl. Whereas seniors housing and medical office used to be considered cousins, they are more like siblings now. Instead of viewing the seniors housing as a subsector of multifamily housing and medical office as subsector of office, the two should be viewed as healthcare real estate. Savvy investors know this and they want real estate service providers who can consult on all facets of the industry to enhance their portfolios. The Blueprint team brings an unmatched wealth of healthcare real estate knowledge and visit expertise to the industry, having completed more than $1.5 billion in transactions during their careers at national real estate investment firms and healthcare-focused real estate investment trusts and lending institutions. And with offices across the country, the firm can provide solutions coast-to-coast for its clients.
For the original version including any supplementary images or video, visit http://www.newsday.com/business/blueprint-healthcare-real-estate-advisors-launches-national-advisory-firm-1.6121881

Zillow: Orlando Rents Slow To Rise, With Some Exceptions

EDT, September 23, 2013 Osceola County’s Celebration community had Metro Orlando’s sharpest spike in rental rates during the past year, a new report shows. Apartments and houses in the community originally developed by the Walt Disney Co. jumped more than 18 percent during the past 12 months an increase six times greater than that of the Orlando metropolitan area overall, according to an August report released Monday by Zillow. The company tracks rental rates property management baltimore and home values throughout the country.
For the original version including any supplementary images or video, visit http://www.orlandosentinel.com/business/os-orlando-rentals-20130923,0,7735588.story