Tags » Housing Bubble

New Home Sales Surge, Existing Sales Not So Much

The Mortgage Corner

New home sales shot 6.1 percent higher in February to a 592,000-annualized rate and is near the 600,000 top estimate of economists. Sales appeared to have gotten a boost from builder concessions as the median price fell a monthly 3.9 percent to $296,200 for a year-on-year rate that’s suddenly in the negative column at minus 4.9 percent. 541 more words

Weekly Financial News

Leader Roles in the Subprime Crisis

Lenders have been unregulated and able to issue subprime mortgages to high-risk homebuyers with little oversight (Petroff, n.d.). Even now, after the subprime crisis, control of lending practices is weak. 692 more words

Ethics

Social Responsibility and Avoiding Another Subprime Crisis

In some ways, subprime mortgage lending can be good.

Subprime mortgage loans allow many people the opportunity to own a home who would have otherwise been unable. 647 more words

Ethics

22 Mar 2017 (TheAge,Domain) - ABS house price data ‘a clear sign threats in Sydney and Melbourne steadily rising’

(22 March 2017, The Age, p10, Jennifer Duke)

‘Speculation about a housing bubble is likely to heat up even further, with Sydney and Melbourne property prices up 5.2 per cent and 5.3 per cent respectively over the three months to December, … 61 more words

1.Market Observations

An Overview of the Subprime Crisis

I bought my first home back in February of 2008. I was young and dumb enough that I had no idea what was going on in the housing market. 486 more words

Ethics