Property Investment News and Analysis from Dominic Farrell
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An Exciting Year Ahead As Those Who Dare Win
Bank of England cuts rates by 50 basis points
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New housing starts at lowest level since 1924
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Main Page  »  US Property Investment
« Previous 30 days  |  Next 30 days »
Thursday, May 29
View Article  America's house prices are falling even faster than during the Great Depression
by Jet-to-Let Magazine on Thu 29 May 2008 18:47 BST

AS HOUSE prices in America continue their rapid descent, market-watchers are having to cast back ever further for gloomy comparisons. The latest S&P/Case-Shiller national house-price index, published this week, showed a slump of 14.1% in the year to the first quarter, the worst since the index began 20 years ago. ...   more »

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Wednesday, May 28
View Article  House prices suffer record annual fall
by Jet-to-Let Magazine on Wed 28 May 2008 18:44 BST

The gloom enveloping the US housing market intensified yesterday as home prices dropped at the fastest annual rate since records began 20 years ago.

The S&P/Case Shiller national house price index fell 14.1 per cent in the first quarter of this year, compared with the same period a year earlier, ...   more »

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Tuesday, May 27
View Article  US house prices in sharpest fall for 20 years
by Jet-to-Let Magazine on Tue 27 May 2008 19:40 BST

American house prices are collapsing almost five times as quickly as during the last US recession in 1991, with losses expected to double before any recovery begins, new data showed today.

Residential property values fell 14.4 per cent over the first quarter of 2008 compared with the same three months ...   more »

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Tuesday, May 6
View Article  Odds of further rate cuts increase after Fed's latest moves
by Jet-to-Let Magazine on Tue 06 May 2008 11:33 BST

The odds of further interest rate cuts increased after the Federal Reserve's latest moves, and after policy setter said financial market stress, tight credit and housing weakness was likely to continue over the next few quarters.

July fed funds futures rose 0.05 points to 98.04, which implies a 16% chance ...   more »

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Sunday, May 4
View Article  Washington must do more to help housing market
by Jet-to-Let Magazine on Sun 04 May 2008 15:23 BST
The government must actively intervene in the domestic housing market to fix the subprime mortgage problems that interest rate cuts and tax rebates alone cannot, a Federal Housing Finance Board official said on Sunday.

Allan Mendelowitz, a member of the Board of Directors of the FHFB -- a regulatory agency ...   more »

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