House Price News - the credit crunch crash. Javascript must be enabled to use this site.


 

Mortgage Tornado Warning, Unheeded
New York Times, 04 February 2012

Inspired by a personal experience, a businessman became an unlikely sleuth into the practices of the mortgage industry, including Fannie Mae ? and his findings have been prescient.
Why foreclosure investors are double-edged sword for economy
04 February 2012

The best way to clear the vast inventory of foreclosed properties weighing down today's housing market is to get more investors involved.
MC Companies, Clark-Wayland form joint venture
03 February 2012

Scottsdale-based MC Companies and Phoenix-based Clark-Wayland have merged to create a joint venture called MC Clark-Wayland. The venture will focus mainly on development and construction of new multifamily projects in Phoenix and Tucson. The combined company has about 175 full-time employees. It currently has two projects under construction in Tucson. ?Together, the company is a full-spectrum real estate company with a depth that investors will appreciate,? said Jere Clark, principal of Clark-Wayland...
Central Ohio Inc.: After the beating, housing market back to ?98 levels
03 February 2012

Central Ohio?s housing market bore the brunt of the recession and lending freeze in 2008 and 2009, but its decline appears to be slowing given the sales performance last year. Sales of single-family houses and condos in the region tumbled nearly a fourth from 2006, when Ohio?s housing troubles picked up speed. But prices have fallen at less than half that rate, according to the Columbus Board of Realtors. Columbus? housing market peaked in 2005 for sales and selling prices, but last year?s sales put the market back to 1998 levels, the statistics show...
More global news stories...
 BankRateMovementMove DateNext Decision  
 Bank of England0.50%0.00%12 Jan '12 09 Feb '12 Graph (see below) | Official Release 
 Federal Reserve Bank of New York0.25%0.00%14 Dec '10 26 Jan '11 Graph (see below) | Official Release 
 European Central Bank1.00%0.00%13 Jan '11 10 Feb '11 Graph (see below) | Official Release 

Bank of England Historical Base Rates

Click the graph link next to a bank in the list above to change this graph.



With the US housing market experiencing a slow down and the US subprime mortgage market in crisis, there is increasing concern over the vulnerability of the economies of other countries where there has been a boom in house prices over the past decade.
This site exists to provide information and discussion related to the housing market.


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