April 2007 Market Reports

Two home price reports — both with big flaws

With all the conflicting reports on housing prices and the direction of the market, you might ask: What’s really going on out there?If, as the National Association of Realtors reported last month, the median price of an existing home nationwide fell by 3.1 percent in 2006, does that mean that[...]

Subprime lender reports ‘unacceptable’ performance of 2006 loans

Subprime lender NovaStar Financial Inc. will cut 17 percent of its workforce, laying off 350 workers at its Kansas City, Mo., headquarters, and at operations centers in California and Ohio. The job cuts, to be completed by the second quarter, target NovaStar’s wholesale loan originations and do not affect loan servicing,[...]

The Foreclosure Market is Heating Up in Dallas

Looks like the foreclosure market is heating up in Dallas. According to this article, prices are expected to decline more than 5%. So far they aren’t… The Foreclosure Market is Heating Up in Dallas[...]

Sharekhan Investor’s Eye dated April 12, 2007

PULSE TRACK February 2007 IIP in line with market estimates SHAREKHAN SPECIAL Q4FY2007 FMCG earnings preview Key points Backed by a pick-up in rural… Sharekhan Investor's Eye dated April 12, 2007[...]

Housing market fall eases

A soft landing in the housing market is looking a little more likely.Price and sales numbers released Friday, both for California and the nation, show February wasn’t all that weak compared with past years. The news has observers hoping that there’s more strength - and less drag on the economy -[...]