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Mortgage & Housing Market News from HSH.com

Falling Home Prices Seem to be the New Consensus

October 22nd, 2009 | Leave a Comment | Posted in News by Tim Manni

But I thought the housing market was improving? If you were under the assumption that housing had hit bottom, chances are you’re not alone.

The ever-changing monthly numbers and future projections have created a lot of back and forth expectations from consumers over the state of the housing market. The problem has been that the numbers themselves have flip-flopped from month to month. One month they look good, the next they look bad.

Falling Home Prices

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Consumer Confidence Up, Home Prices Down

April 28th, 2009 | Leave a Comment | Posted in News by Tim Manni

The Conference Board’s index of consumer confidence rang in above estimates for the month of April. The 12.3-point gain ousted expectations of a five-point increase — launching this month’s gain to the fourth highest in the index’s 32-year history.

April’s increase led to the index’s highest-monthly reading since last November. Despite opinions that current conditions remain weak, consumer outlook for the future are improving. The index’s expectations component rose by over 19 points to its highest reading since last September.

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

Peter G. Miller

Peter G. Miller is syndicated to more than 100 newspapers and operates the real estate news site, OurBroker.com.

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