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Housing Market Outlook: US Cities With the Most Price Declines in July

Some of the trendiest cities in the US that saw a swarm of pandemic migration are now experiencing asking price declines on homes for sale. ....

United States , Colorado Springs , Getty Images , Housing Market , Home Price Declines , Housing Affordability , Realtor Com , Fxford Economics , Home Prices , Real Estate Market , Interest Rates , Lcynna Lloyd ,

CNN New Day Weekend June 4, 2024 10:23:00

Slowed as a result with mortgage rates going up, slowing demand. does that mean we are going to see a drop in the prices of homes anytime soon? you know, you don t expect to see a drop in the price of homes, but i do expect the price of homes to slow down. so home prices rose about 16% on the year over year basis, which is well above the 4 to 5% average that we see over the long run. as mortgage rates continue to climb, it becomes harder and harder for buyers to meet those high price gains, especially when the monthly cost of financing that home is going up as well. i expect to see home price growth slow in a big way. i don t know that we ll see home price declines, just because we still got a significant amount of demand and a long-term housing shortage. we haven t built enough homes over the last ten years to house all the households that have been formed. when you have a lot of demand and still relatively little supply, it is hard to see the ....

Mortgage Rates , Long Run , Home Prices , Home Price , Price Gains , Home Price Declines , Housing Shortage , We Haven T ,

CNNW Your Bottom Line July 28, 2012

nine years split evenly between defense and non-defense programs. the bipartisan policy center estimates sequestration of defense will mean cuts of 15% next year. every non-defense agency faces a 12% cut and that means job losses from doctors, teachers, border patrol agents and government contractors. anywhere from 1 million to 3 million jobs will be lost. california, virginia, texas, washington, d.c., maryland, would each lose more than 100,000 jobs. the bottom line here, this is the manifestation of your elected officials not doing their jobs. they don t see it that way. i will absolutely continue this debate into 2013 rather than lock in a long-term deal this year that throws middle class families under the bus. when we don t take on the issues like entitlement reform, tax reform, the things that need to be done, it doesn t get any better. it only gets worse. mark hill is an associate professor at clemson university and steven moore an editorial writer at the w ....

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Detailed text transcripts for TV channel - CNN - 20110124:19:24:00

3,000 people every day losing their home. and you could have home price declines, as zandi was saying into this year. when you look at the range from economists, the worst forecast for home price is down 11%. the best, up 4.6%, up 5%, call it up 5%. that s stabilizing at low to weak levels. you re right. i don t doubt it may be home prices may be down, but interest rates are still more than likely to go up. so if you are a long-term buyer with good credit and the ability to put money down, do the math on this because it still may be more advantageous for you to buy this year than to wait for next year when prices are lower but your interest rate may be higher. no argument from ne. you re absolutely right. the point is, you have investors in the market and first-time home buyers with jobs, money in the bank, 20% down, good credit. opportunities of a lifetime for some of these people. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120201:18:07:00

[applause] reporter: now in order to take advantage of this what he says responsible he s referring to the fact that you have to be current on your payments, you can t be in default. if you re going to try to take advantage of this. house speaker john boehner has already said while he ll look at this plan he says this is at least the fours time the president has taken a crack at this issue, and his response was, look you basically need to kind of let the market ride out and hit bottom, you can t keep tinkering on the edges and try to prop the housing market up, megyn. meghan: thank you. to give you an idea of where the housing market stands, since june of 2006 home prices in 20 metropolitan areas around the country have fallen nearly 33%. those prices continue to drop. 19 of those cities saw home price declines for the second straight month. atlanta being hardest hit. as of november 2011 average home prices are back to mid 2003 level. in washington d.c. an intense brawl erupts at an ....

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