Category

Housing Market

Market crash

Housing Could Be Headed for the Rocks, but Homebuilders Are Already There

Home sales and home prices rose in 2015, but homebuilders' stocks didn't follow suit.

What happens next to homebuilders depends on whether the trends that lifted both prices and sales since 2009 are about to hit a wall.

The wider housing sector itself could be headed for trouble.

That's looking increasingly likely, but we're not quite there yet. Here's what you need to know about the stocks in this absolutely critical sector - and how to profit when it goes over the edge...

Economic Data

These Charts Show Exactly How the Fed Killed the Housing Market

Don't believe any headlines that claim there's a housing "recovery" in the United States. The truth is, there is no single family housing industry to speak of today.

What for generations was a main driver of U.S. economic growth has been brought down by the past seven years of the Federal Reserve's zero-interest-rate policy (ZIRP). ZIRP has been a disaster for the U.S. economy, the middle class – just about every facet of American economic life has suffered from this fiscal disaster masquerading as coherent monetary policy.

Today I'm going to show you five charts that tell the story of exactly how much damage the Fed has done to U.S. housing. Most are derived from this week's release of new home sales data from the U.S. Census Bureau.

You'll see how the rise in home sales since 2011 has really been a four-year dead cat bounce that hasn't helped most Americans, hasn't meaningfully contributed to U.S. economic recovery - and now appears to be stalling...

Economic Data

It's a Great Time to Buy Tech Stocks… and These Numbers Prove It

On Thursday, an important bit of news came out that you may have missed: The U.S. Commerce Department sharply revised upward its second-quarter GDP estimate.

That revised number proves that, despite recent market turbulence, the U.S. economy remains on solid ground.

And that means now is a great time to take advantage of the buying opportunities the chaos has created - especially in tech stocks. Let's take a look...

Housing Market

The Home Sales Market Is Dead – This Chart Proves It

The seasonally adjusted headline number for the monthly-error-times-12-annualized version of new home sales in June was 482,000.

Wall Street analysts had guessed that the number would be 550,000. The Wall Street Journal went into apoplectic excuse-making mode, almost foaming at the mouth to try to find pundits to explain away the bad number.

The whole spectacle was silly and pointless since we have actual data and can readily see whether sales remain on trend or not. We don't need Wall Street pundits to tell us what to think.

We can see for ourselves...

housing

February Freeze in Housing Starts Is a Bad Bellwether

New housing starts fell dramatically in February as the cold, protracted winter froze new construction in the Midwest and Northeast.

The decline will not stop with February, as the residual effects of a hard winter and a long-in-the-tooth "recovery" rarely thaw as quickly as the snowbound regions.

Housing market

The Secret Behind My Hedge Fund Trade on Housing

Hedge fund managers could destroy the housing market all over again. How do we know?

We've got every step of their secret plan laid out: which houses they're going to invest in, how they'll get their leverage, the list goes on.

Go ahead and have a look for yourself...

Housing Market

How "The Most Powerful Man in the World" Got His Mortgage Denied…

Ben Bernanke began his tenure as Chairman of the Federal Reserve Board just as the housing bubble was peaking in February 2006.

He exited the post in February of this year after supposedly shepherding the country out of the Great Recession the mortgage crisis spawned.

He recently admitted the housing recovery is hitting a wall.

But this time, it's personal… Full Story

Case Shiller

What Today's Case-Shiller Home Price Index Doesn't Show You About the Housing Market

The S&P/Case-Shiller Home Price Index, a widely followed benchmark for home prices, showed a slow growth in home prices amid an unimpressive housing recovery.

But given the factors underlying this recovery, and the activity in the housing market, this should come as no surprise.

Here's why this housing recovery just can’t seem to take off…

Housing Market

The New Way the Government Is Poisoning the American Dream

Private equity shops and institutional players are buying and packaging nonperforming mortgages from the Federal Housing Administration (FHA) and selling those mortgages to mutual funds and themselves.

On the surface, the HUD wants to minimize the cost to taxpayers. That's really nice of HUD and the FHA, thinking about us taxpayers.

But something else is behind this recent action, and it's poisoning the American Dream...

Housing Market

Don't Let May's Surge in the U.S. Pending Home Sales Index Fool You

Yesterday (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co."to talk about the record-breaking U.S. Pending Home Sales Index numbers that were released the same day. According to the National Association of Realtors (NAR), its U.S. Pending Home Sales (PHS) Index increased 6.1% in May to 103.9.

Despite the jump, Fitz-Gerald disagreed with the notion that the housing market is coming back – and he's got the numbers to back it up…

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