MSNBC:
“Evidence is mounting that the red-hot housing market reached a peak last summer, with sales and construction activity beginning to slow even more than would normally be expected this time of year.
But so far industry analysts expect only a modest decline in activity in 2006 and say prices should continue to rise in most markets, […]

The average price of a two-bedroom apartment in Manhattan is still well above a million dollars ($1.2 million, actually), but WCBS 880’s Marla Diamond reports that real estate market is showing signs of cooling.
But the bubble is far from bursting says Jonathan Miller, president of the real estate appraisal firm Miller/Samuel.
“It’s still a seller’s market, […]

Good news from the South, with the NY Times reporting that house sales are going well in New Orleans after Katrina: they write:
A surprisingly healthy real estate market in the New Orleans metropolitan area is proving to be one bright spot in an otherwise stagnant local economy. The market is not sizzling hot, at least […]

Real estate market speculation has been a favorite hobby of the media over the last several years, and every year at least one media outlet has predicted that a “bubble” will “burst.” Real estate prices have not popped and sunk to $0 in any market, though, in spite of those predictions.
John Mudd, a Realtor with […]

The bond market turned upside down this week in a move that may end up costing many people more to buy a home.
The phenomenon is called an inverted yield curve — when short term interest rates rise above long term rates — and it hasn’t happened for five years. What it could mean is increased […]

Rising mortgage rates tempered Southland home sales in November, but home prices continued to post substantial increases.
In the Chicago metropolitan area, home sales totaled 5,713 in November, down from 6,355 in October, according to the Illinois Association of Realtors.
Nationally, resales eased 1.7 percent last month, with existing homes selling at a seasonally adjusted annual rate […]

The number of previously owned homes on the market rose last month to the highest level in more than 19 years, while sales fell for the second-consecutive month, raising concerns that a housing bubble might be about to burst.

The Daily Record says many economists said the increase in homes for sale was actually a sign […]

The number of mortgage applications filed last week fell to the lowest level in more than three years, more evidence the U.S. housing market is stumbling.
The Mortgage Bankers Association’s index of applications to buy a home or refinance an existing mortgage declined 6.8 percent to 554.1 last week, from 594.6 a week earlier. The gauge […]

Redecorating your home can be a major commitment, and it can be an expensive one as well. One of the easiest ways to take care of this expense is to apply for a loan for the amount that you need, though like any loan it isn’t a decision that should be entered into lightly.
Before simply […]

The U.S. housing market will see a sustained decline next year, causing a drag on the nation’s economy but falling short of triggering a recession, according to a new economic report.
“We expect housing to start slowing the economy this quarter or the next,” Edward Leamer, director of the quarterly University of California, Los Angeles, Anderson […]