Martes 11/05/2010 Paso la euforia

[admin]

Los precios de las casas suben en 91 ciudades en US en el primer trimestre.

Home Prices Gain in 91 U.S. Cities in First Quarter (Update3)
By Kathleen M. Howley

May 11 (Bloomberg) -- Home prices rose in 91 U.S. cities in the first quarter as states hard hit by foreclosures began to recover and a tax credit cut the number of properties for sale.

The median price of a single-family home sold in Saginaw, Michigan, doubled to $60,800, the Chicago-based National Association of Realtors said in a report today. Prices in Akron, Ohio, climbed 90 percent to $95,300 and Grand Rapids, Michigan, recorded a 26 percent increase to $90,700. Nationally, the median declined 0.7 percent.

Cities that led the nation in foreclosures a year earlier had the biggest price increases as a tax credit of as much as $8,000 boosted demand and drove the supply of unsold homes to a four-year low in January, according to Lawrence Yun, chief economist for the Realtors’ group. Brian Bethune, chief U.S. financial economist for IHS Global Insight, said an improving job market should sustain the fledgling rebound in real estate.

“In the second half of the year, employment growth and an improving economic situation should keep the housing recovery on track,” Bethune said in a telephone interview from his Lexington, Massachusetts, office.

Today’s report showed the recovery accelerating from the fourth quarter when 67 metropolitan areas reported price gains.

Peak to Trough

The U.S. median home price tumbled 29 percent over three and a half years as defaults among subprime borrowers flooded the housing market with cheaply priced foreclosures and Wall Street piled up $1.78 trillion in losses and asset writedowns.

The median price of an existing U.S. home peaked at $230,300 in July of 2006 and hit a low of $164,600 in February, according to NAR data. The drop was 13 percent in 2009, outpacing 2008’s 9.5 percent decline.

This year, prices may increase 2.5 percent as the economy improves, according to the Realtors’ forecast.

The median price of a single-family home in the New York metropolitan area rose 1.8 percent to $380,400 in the three months ended March 31. The areas surrounding New Haven and Milford, Connecticut, gained 5.3 percent to $227,900.

The Edison, New Jersey, region had a 1.5 percent gain in the median price to $325,800; and Hartford, Connecticut, posted a 1.6 percent increase to $225,900. Prices in the Boston metropolitan area increased 11 percent to $321,800.

“The market has changed dramatically from last year, with things now selling fairly quickly at close to asking price,” said Mary Kelleher, a real estate broker with Gibson Sotheby’s International Realty in Boston. “Last year was like having root canal surgery.”

Worst Markets

The worst-performing markets were Ocala and Orlando, Florida, each with price declines of 15 percent. Reno, Nevada, fell 14 percent and Las Vegas was down 12 percent.

In a separate report, NAR said U.S. sales fell 14 percent in the first quarter from the prior period, mostly because buyers rushed to purchase homes in the fourth quarter when the tax credit for purchases was originally set to expire.

Congress ultimately extended and expanded the credit for purchase contracts signed by April 30.

South Dakota led the nationwide sales decline with transactions falling 33 percent in the first quarter. Sales in Pennsylvania and Idaho dropped 28 percent. Connecticut transactions decreased almost 15 percent and New York sales were down 9.4 percent, NAR said.

Nationally, home sales probably will rise 4.3 percent to 5.38 million this year and gain 5.1 percent to 5.66 million in 2011, according to a forecast posted on NAR’s website. In 2009, sales climbed for the first time in four years to 5.16 million.

[admin]

Si los precios de las casas suben tambien se benefician los bancos, sobre todo los bancos.

[admin]

Oil down 76.32

+3.63

[admin]

Candente +9.18%

[El_Diez]

Y en Canadá DNT esta -3.57 % ,.... el grafico del Cobre se muestra muy mal.

[admin]

Francia y Alemania estan comprometiendo sus triple A rating al proteger a los otros paises mas debiles de la zona Euro. Esto es como un Ponzi game dijo UniCredit SPa en Munich.

-9

[admin]

-30.23

[Victor VE]

Lacima, no reacciona, ni a la noticia del nuevo hallazgo, ni a la subida del precio del oro. Hasta cuando vamos a esperar para que esta accion despierte?????

Estamos en las mismas, para cuándo?? BVN se ha disparado y eso que con ellos han dado la noticia.

[admin]

Au up 1,230 a precio record este anio. Ha subido casi $30

[Victor VE]

A mi me gustaria alguna vez leer una analisis completo de lo que pasa en el mundo, hecho por un banco Peruano, pero que valga la pena, que uno diga wow!! que bien informados estan y que buen analisis.

No hay.

Me parece que a los mas tendrias que conformarte con los reportes mensuales o semanales que brindan las AFPs donde hacen un resumen economico, financiero y politico a nivel nacional y mundial. Lo mandan cada mes a las cuentas de email.

[admin]

Los he leido todos. Por eso hablo.

[admin]

Con el debido respeto a mis queridos foristas, que hacen en La Cima, por que no la venden y compran BNV, EGO o NG en menos de un mes van a recuperar lo que perdieron en esa que no se mueve.

-21.47

[admin]

Au up 1,231.50

[admin]

Brown camino al palacio a presentar su renuncia a la reina.

-31.39

Au up 1,234

EGO +10.07%

[alexander_7531]

BPZ 5.18 -13.8%
Esta tentador para entrar.
Que opinan?