Elliott Wave International - Free Updates

UK House Prices: Why the Sudden Jump?

Vadim Pokhlebkin — Thu, 04 Jun 2009 02:45:00 ET

A new report by Halifax, a UK agency that compiles a closely-watched Halifax House Price Index, shows that "prices unexpectedly jumped in May by the most since 2002, adding to signs the worst of the recession is over." (Bloomberg.com) But was there really NOTHING that could have predicted the May rally? See this chart before you answer…

In Related News: Banks Are "Walking" Away From Foreclosures?

Robert Folsom — Tue, 31 Mar 2009 06:00:00 ET

The mortgage catastrophe will be two years old this summer. Today's news sorely disappointed anyone who thinks the trend in housing deflation is slowing down...

Goodbye to the Psychology of Sunshine

Robert Folsom — Thu, 05 Feb 2009 05:45:00 ET

Florida still has mild winters, air conditioning, and plenty of inexpensive homes...

Housing Market: NUDE Awakening

Nico Isaac — Mon, 02 Feb 2009 05:45:00 ET

The U.S. housing slump continues to go from worse to worser: In December, new home sales plunged to an all-time record low. And now, many homeowners are taking desperate measures to meet their monthly mortgage payments...

What Is The #1 WRONG Question About the Real Estate Market?

Robert Folsom — Thu, 18 Dec 2008 05:15:00 ET

I'm a big believer in the proverb that says, To get the right answers, ask the right questions. And if you saw the story about real estate on 60 Minutes this past Sunday evening, you already know that the #1 wrong question about the real estate market is to ask the following question.

Median Home Prices: $30,300 LOWER

Robert Folsom — Fri, 24 Oct 2008 05:45:00 ET

Not to make light of real "distress," it seems to me that apart from super-wealthy homeowners, any homeowner who needs to sell would find this a distressing environment. In 2006 the median sale price of existing U.S. homes was $221,900, or $30,300 higher than today -- so if your home price was anywhere close to that 2006 median (as mine was), that's how much poorer we are.

Real Estate (Video): What's Next for Australia, Japan, China, India and Others?

Vadim Pokhlebkin — Thu, 04 Sep 2008 05:00:00 ET

Real estate is the one financial market everyone cares about. Now that home prices are down as much as 25% in some parts of the U.S., overseas homeowners – in Europe, Asia and Australia – are starting to worry about what will happen to values of their homes. Watch this free video for some answers.

When Will the Media Get It? Someone Did Foresee the Credit Crisis

Gary Grimes — Tue, 26 Aug 2008 12:30:00 ET

It’s no surprise homeowners felt invincible; they'd been told to feel that way every day. The mainstream media – the group who believes they're supposed to question authority for the good of John Q. Public – got caught with their pants down. Government agencies appeared equally inept – or at least unwilling to confront the problem. But there were a select few who not only knew, but were ready and waiting.

Conquer the Crash Delivered Today's News in 2002

Alan Hall — Tue, 19 Aug 2008 05:30:00 ET

The truly remarkable part of the story is how early he saw them. Bob described the ways that many dominoes would fall before some of them were even set up. His earlier book, At the Crest of the Tidal Wave was published in 1995, while Conquer the Crash was in 2002. This was years before the gathering storm became obvious to “Dr. Doom,” (the New York Times’ name for economist Nouriel Roubini) who described parts of the bursting bubble in 2006.

Real Estate and "Phone Book Guys"

Bill Fox, Senior Bonds Analyst — Tue, 05 Aug 2008 04:45:00 ET

In the U.S, they have become as ubiquitous as hotdog street vendors, or a McDonald's at every highway exit – lawyer ads on the back of the phone book. In the age of Blackberries, phone books aren’t what they used to be, and those back-cover ads are unbelievably expensive. Yet, with the lawsuit now pending by the state of New York against Swiss bank UBS AG, those phone book lawyer guys are likely to get a whole lot busier...