Why Housing Markets Are Heading South (Again)

Written by Keith Jurow, Capital Preservation Real Estate Report Demand for Houses by Non-Investors is Weakening In previous articles over the past two years, I have emphasized that a rising percentage of home buying has come from all-cash investors.  I argued that this was not a sign of a housing recovery.  Rather, it showed that …

Why HELOC Resets Will Undermine Any Housing Recovery

by Keith Jurow, Capital Preservation Real Estate Report, (Posted originally at Advisor Perspectives 16 December 2013) For three years, I have been writing about the looming home equity line of credit (HELOC) disaster. The media pundits paid little attention. Then a Reuter’s article about HELOCs resetting to fully amortizing loans appeared last month. Finally some …

New Mortgage Modification Program Can’t Stop Further Housing Collapse

Written by Keith Jurow, Capital Preservation Real Estate Report Here We Go Again On March 27, 2013, the Federal Housing Finance Administration (FHFA) announced the introduction of still another mortgage modification program. Entitled the Streamlined Modification Program, it was intended to enable distressed borrowers to more easily qualify for a modification. Unlike the HAMP modification …

Analysis of the Housing Recovery Mirage

by Keith Jurow, Capital Preservation Real Estate Report At the end of March, it was announced that the 20-city Case-Shiller Index was up 8.1% year-over-year. Nearly all housing experts declared that this was further confirmation that the housing recovery was firmly in place. A few weeks earlier, Zillow had released its latest survey of 118 …

Long Island: Housing Disaster Awaits

by Guest Author Keith Jurow, Minyanville Editor’s Note: The following is an excerpt from Keith Jurow’s just-released Long Island Housing Market Report. For the complete, in-depth analysis and report, download it here. The two counties of Nassau and Suffolk on Long Island comprise the largest suburban housing markets around New York City. Like the housing …