Just earlier this year, Home Depot reported fourth - quarter sales and earnings that topped the Street's expectations, implying
the housing recovery still has legs.
«Overall
the housing recovery still shows evidence of pushing ahead, as indicated by our December home price trends and 2013 forecasts.
Armed with the most recent (2014) HMDA data, we've revisited that analysis, and discovered that while much has changed for the better in Motown, the city's
housing recovery still lags substantially behind similarly hard - hit American cities.
Not exact matches
A lot of U.S.
housing stocks have skyrocketed as the American
recovery has taken hold, but there are
still some companies in this sector that will continue to climb.
Explanations range from the possibility a robust
recovery is
still on the way, to the jeremiad of former White
House budget director David Stockman that money - printing is setting us up for a monstrous new crash.
Still, the
housing market's
recovery remains slow, in part because many Americans lack the credit to qualify for a mortgage or can't afford the larger down payments now required.
Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the
recovery still very much needs; the
housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.
«They promised us it would lift the economy... but instead we are
still stymied in the weakest, slowest
recovery in the postwar era,» said Rep. Jeb Hensarling, R - Texas, chairman of the
House Financial Services Committee, who introduced the bill.
But the mayor then warned that economic
recovery remains fragile and that many
still lack the jobs to acquire affordable
housing.
U.S.
housing prices may
still fall more than 10 per cent, killing an incipient
recovery, as demand from first - time home buyers fades, leading economist Nouriel Roubini said Thursday.
Now we face a
still - overlevered residential real estate sector with a lot of the market inverted, where people owe more than the
house is worth, though pockets on the low end of prices show
recovery in some areas of the US.
* Seller - funded down payment programs were eliminated in the
Housing and Economic
Recovery Act of 2008, but States and Local government agencies are
still permitted to help borrowers finance their homes with second mortgages and grants.
With the
housing recovery in the Inland region
still viewed as fragile, any slow - down in sales has a trickle - down effect on the economy.
While the pain from an imploding subprime auto loan market would be much less than what ensued from the
housing crisis, the economy is
still on relatively fragile footing, and losses could ultimately stall the broader
recovery for millions of Americans.
The lawyer was able to get this additional
recovery into a special needs trust, which allowed the young man to keep receiving Medicaid and
still buy a specially equipped
house and car he needed.
«A comprehensive and effective mortgage reform strategy is critical to help keep a level of certainty in the marketplace and not further disrupting the
still fragile
housing market
recovery.»
NAR is concerned that without a comprehensive plan for reforming the secondary mortgage market, proposed legislation to quickly constrain Fannie Mae and Freddie Mac before an adequate replacement secondary mortgage market mechanism is established will further disrupt the
still fragile
housing market
recovery.
According to John Loos of FNB, «the FNB
House Price Index was just beginning begun to show some recovery, although still seeing negative house price growth in real terms (when adjusted for CPI inflat
House Price Index was just beginning begun to show some
recovery, although
still seeing negative
house price growth in real terms (when adjusted for CPI inflat
house price growth in real terms (when adjusted for CPI inflation).
«While the
housing market is
still in
recovery, we firmly believe that lower loan limits will only further restrict liquidity in mortgage markets.»
Government officials say the full
housing recovery will
still take time.
RISMEDIA, July 30, 2010 --(MCT)-- The White
House's recent prediction that the deficit would hit a record $ 1.47 trillion this year poured new fuel on the fiery argument over whether the government should begin cutting back to avoid future inflation or instead keep stimulating the economy to help the
still - sputtering
recovery.
Housing has made headway in the decade since the onset of the recession, but, according to a new report by Trulia, there is
still room for improvement in the
recovery.
McCurdy wasn't concerned with making a big profit on the sale — after all, it was December 2013, and the local market was
still trudging through the
recovery of the last
housing downturn.
Even as headline numbers show an overall
recovery, there are
still thousands of Americans struggling to bounce back from the
housing bust.»
Still, investors are banking on a big
recovery for the sector and redirecting their assets in anticipation of a senior
housing boom.
With many developers
still in
recovery from our nation's economic crisis, new construction projects have been underwhelming in meeting Ohio's
housing demand.
While the
housing market is just in the beginning stages of a
recovery, it's
still possible to successfully sell your home by making sure you're catering to the kind of buyers in the market today, and by making sure that you — and your home — are ready to move as quickly as these buyers are.
The
housing - market recession is ongoing, and
still no indication of a sustained
recovery.
«Even given his stronger economic
recovery, California
still has relatively limited
housing supply because of its stringent regulations.
Data from the Obama Administration's May scorecard revealed continued improvement in
housing, yet officials warn that a full
recovery will
still take more time.
The National Association of Realtors ® supports a comprehensive reform strategy for the secondary mortgage market to help maintain a level of certainty in the marketplace and not further disrupt the
still fragile
housing market
recovery.
Friday's disappointing jobs report underpins the gradual nature of this year's
housing recovery and supports our view that the muted economic
recovery is
still subject to downside risk and that additional Fed easing will soon be forthcoming.»
«This fifth consecutive month of improvement in builder confidence provides further assurance that the
housing market is moving in a positive direction, but there's
still a long way to go on the road to
recovery and several obstacles are slowing our progress,» says NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. «In particular, unnecessarily tight credit conditions are preventing many builders from putting crews back to work — which would create needed jobs — and discouraging consumers from pursuing a new - home purchase.»
Bernanke addressed other issues
still hindering the
housing market
recovery, including the fact that 12 million home owners — or more than one in five borrowers with a mortgage — are underwater.
While planning is
still underway, NAR expects that REALTOR ® leaders will join legislators, government officials, business leaders, top industry executives, and economists to design a
housing recovery plan that will address today's critical homeownership, mortgage finance and real estate investment challenges.
As if the eventual fates of Fannie Mae and Freddie Mac, now in their fourth year of conservatorship, were not enough cause for concern, pending rulings on mortgage origination requirements as mandated by the Dodd - Frank Act, and the Federal Reserve's recently proposed Basel III capital standards program, have the potential to deliver a crushing blow to both REALTORS ® and consumers in today's
still - fragile
housing recovery.
However, some
housing experts are concerned that several factors could
still threaten
housing's
recovery this spring — mainly the economy and threats over a new recession that may be looming.
Still, the
housing market lacks sufficient strength to take the baton from the faltering manufacturing sector as the main driver of the U.S. economic
recovery.
Still, «nationally, homes remain more affordable than pre-bubble «norms,» but it's clear that the market is now experiencing the most pressure — from an affordability perspective — since the
housing recovery began,» says Ben Graboske, executive vice president of Black Knight Data & Analytics.
The continuing economic
recovery has improved
housing affordability for low - and moderate - income working households, but housing costs are still a significant burden, especially to renters, according to a new report released today by the Center for Housing Policy, the research division of the National Housing Conf
housing affordability for low - and moderate - income working households, but
housing costs are still a significant burden, especially to renters, according to a new report released today by the Center for Housing Policy, the research division of the National Housing Conf
housing costs are
still a significant burden, especially to renters, according to a new report released today by the Center for
Housing Policy, the research division of the National Housing Conf
Housing Policy, the research division of the National
Housing Conf
Housing Conference.
Despite signs of a
recovery in the
housing market, the country's homeownership rate is
still on the decline.