The Home Front


December 2008


Foreclosure Sales: 2009 Housing Head Wind

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With home prices having dropped a painful 21 percent from their 2006 peaks, property owners everywhere could use a splash of good news in their New Year's Eve cocktails. But as a nasty recession is now part of the picture, the chances of an aggressive housing market rebound next year are dim. "A ...

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Radioactive Effect: 2009 Housing Head Wind

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With home prices having dropped a painful 21 percent from their 2006 peaks, property owners everywhere could use a splash of good news in their New Year's Eve cocktails. But as a nasty recession is now part of the picture, the chances of an aggressive housing market rebound next year are dim. "A ...

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Housing Starts Hit All-Time Lows

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The government reported Tuesday that November housing starts plummeted nearly 19 percent from October and 47 percent from a year earlier. That’s the lowest level since the government began collecting such data back in 1959.

Here’s what Patrick Newport, US Economist with IHS Global Insight, had ...

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6 Things to Know About the Fed Rate Cut

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The Federal Reserve on Tuesday cut its federal funds target rate by more than three-quarters of a percentage point to a range of between 0 and .25 percent. The decision signals that Fed Chief Ben Bernanke is more concerned with the rapidly deteriorating economy--which has been mired in a recession ...

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Household Formation: 2009 Housing Head Wind

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With home prices having dropped a painful 21 percent from their 2006 peaks, property owners everywhere could use a splash of good news in their New Year's Eve cocktails. But as a nasty recession is now part of the picture, the chances of an aggressive housing market rebound next year are dim. "A ...

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Home Values Set to Shed $2 Trillion This Year

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In a report released Monday, Zillow tallies up the collective home-equity hit that Americans will take this year:

U.S. homes are set to lose well over $2 trillion in value during 2008, according to analysis of recent Zillow Real Estate Market Reports. Home values declined 8.4 percent ...

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Tighter Credit: 2009 Housing-Market Head Wind

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With home prices having dropped a painful 21 percent from their 2006 peaks, property owners everywhere could use a splash of good news in their New Year's Eve cocktails. But as a nasty recession is now part of the picture, the chances of an aggressive housing market rebound next year are dim. "A ...

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Subprime Mortgages: 2009 Housing Head Wind

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With home prices having dropped a painful 21 percent from their 2006 peaks, property owners everywhere could use a splash of good news in their New Year's Eve cocktails. But as a nasty recession is now part of the picture, the chances of an aggressive housing market rebound next year are dim. "A ...

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The Underwater Effect: 2009 Housing Head Wind

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With home prices having dropped a painful 21 percent from their 2006 peaks, property owners everywhere could use a splash of good news in their New Year's Eve cocktails. But as a nasty recession is now part of the picture, the chances of an aggressive housing market rebound next year are dim. "A ...

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Consumer Confidence: 2009 Housing Head Wind

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With home prices having dropped a painful 21 percent from their 2006 peaks, property owners everywhere could use a splash of good news in their New Year's Eve cocktails. But as a nasty recession is now part of the picture, the chances of an aggressive housing market rebound next year are dim. "A ...

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Unemployment: 2009 Housing-Market Head Wind

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With home prices having dropped a painful 21 percent from their 2006 peaks, property owners everywhere could use a splash of good news in their New Year's Eve cocktails. But as a nasty recession is now part of the picture, the chances of an aggressive housing market rebound next year are dim. "A ...

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Recession: 2009 Housing-Market Head Wind

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With home prices having dropped a painful 21 percent from their 2006 peaks, property owners everywhere could use a splash of good news in their New Year's Eve cocktails. But as a nasty recession is now part of the picture, the chances of an aggressive housing market rebound next year are dim. "A ...

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3 Housing Markets Poised for a Crash

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More than two years after housing prices peaked at the national level, most metro areas that were primed for a crash have already done so. But when home prices are “extremely overvalued,” it’s never too late for a bust.

Such is the case with three distinct metro areas: Atlantic City, N.J, St.

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