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Home price gains topping out. Each year there are 7,000 gas grill fires in the U.S., many from leaking propane | U.S. Stocks begin the week lower

Monday – July 21

Home price appreciation in the past few years may have topped out, says a report from Bank of America Merrill Lynch. The bank said that Americans should prepare for a few years of stagnant prices. 249 more words

Home Prices

19 Jul 2014 (AFR) - Stretched housing valuations mean bubble is here

(19 July 2014, AFR, p24, Christopher Joye)

‘In April 2008, Reserve Bank of Australia governor Glenn Stevens was asked by Malcolm Turnbull why housing affordability was so bad.’ <snipped…> 99 more words

1.Market Observations

19 Jul 2014 (AFR) - China home prices fall in record cities signals more easing

(19 July 2014, AFR, p13, Bonnie Cao)

‘China’s new-home prices fell in a record number of cities tracked by the government, as developers cut prices to boost sales volume, signalling curbs will be relaxed in more cities. 45 more words

1.Market Observations

Why the housing recovery is over, in four charts

The housing recovery that began in 2012 came on almost as quickly and forcefully as the real estate crash that preceded it.

The combination of low interest rates, investor interest, and good, old-fashioned confidence conspired to cause a rapid and vigorous turnaround in home prices after years of tumbling or stagnant home values. 447 more words

Finance

The 7 Most Unaffordable Cities for Real Estate in the USA (And 3 Affordable Gems!)

As prices continue to rise across the board with everything from food to gas, it’s no wonder that real estate prices are high in many cities across the USA. 601 more words

Burlington Vermont

Local Median Home Price Up 8% for the Year in June

By Mike Allen Tuesday, July 15, 2014

The median price on house sold last month in San Diego was $450,000, up 2.3 percent from May, and up 8 percent from June 2013, according to Dataquick, the San Diego real estate research firm. 132 more words

Homebuying

The 7 Most Unaffordable Cities for Real Estate in the USA (And 3 Affordable Gems!)

As prices continue to rise across the board with everything from food to gas, it’s no wonder that real estate prices are high in many cities across the USA. 469 more words

Ed Short