Authors Posts by Housing Predictor

Housing Predictor

Mike Colpitts is the editor of HousingPredictor.com, which forecasts more than 250 local housing markets in all 50 states and provides real estate news and analysis.

Contact:

Housing Predictor
225 Main Street
Destin, FL 32541
Phone: 850 622-1016

Half of US Homes Underwater

WASHINGTON, D.C. - June 25, 2012 - (RealEstateRama) -- A newly released survey shows that more than half of all U.S. homes with a mortgage are underwater or owe more on their homes than the current value of their property. The study, which was conducted by Housing Predictor.com is the strongest indicator yet that efforts made by the Obama administration are doing little to aid U.S. homeowners in the worst housing downturn since the Great Depression.

Survey Shows No Confidence in US Government on Real Estate Market

Destin, FL - June 11, 2012 - (RealEstateRama) -- Respondents to an online poll have given the U.S. government a no confidence vote when it comes to helping the real estate market. An over-whelming majority of 83% say the government will not take major steps to help the housing market.

Lenders Should be Forced to Cut Mortgages, Poll Shows

Destin, FL - May 8, 2012 - (RealEstateRama) -- For the second time in less than a year, respondents to a Housing Predictor poll say that banks and other mortgage lenders should be forced to reduce mortgage principal and cut loan payments for underwater homeowners.

Half of US Homeowners Can’t Move

Destin, FL - April 24, 2012 - (RealEstateRama) -- More than half of all homeowners with a mortgage are unable to move or make a change in their housing situation as a direct result of being underwater on a mortgage, according to a new Housing Predictor survey.

Home Prices Rising in Hardest Hit Cities

Destin, FL - April 10, 2012 - (RealEstateRama) -- Driven by near record low mortgage rates and lower prices, home values are finally rising in the hardest hit cities in the U.S. housing mess, according to a new Housing Predictor report.

Survey Finds Freddie and Fannie Should Halt Mortgage Buying

WASHINGTON, D.C. - April 3, 2012 - (RealEstateRama) -- The opinion poll, conducted by Housing Predictor found that 72% of respondents want the firms, which act as a back-stop for the nation’s mortgage market to stop purchasing home loans from banks and mortgage lenders. Only 28% said they should keep buying home loans.

Survey Shows Banks Should Cut Mortgages

Destin, FL - March 20, 2012 - (RealEstateRama) -- Banks and mortgage lenders should slash the balance on mortgages owed by all homeowners in light of the housing crisis blamed heavily on U.S. bankers, according to a new Housing Predictor survey.

Best U S Home Bargain Cities

Destin, FL - March 12, 2012 - (RealEstateRama) -- It took months of research but then it finally came all together. Finding the best bargain homes in the U.S. was no easy task, but Housing Predictor analysts lived up to the challenge and found eight cities with the best bargains in America’s big housing bust.

More Homeowners Will Walk from Mortgages

Destin, FL - March 7, 2012 - (RealEstateRama) -- Five years into the housing downturn, a larger number of homeowners with mortgages say they will walk away from their homes if their property values continue to drop, according to a new Housing Predictor opinion poll.

Survey Shows Majority Want to Buy Homes

Destin, FL - February 22, 2012 - (RealEstateRama) -- A large majority of respondents to a new Housing Predictor survey said they want to buy their first home or purchase another home, indicating that pent-up demand is growing in the U.S. housing market, despite the decline in home values throughout the majority of the country.

Most Likely Housing Markets to Recover Announced

Destin, FL - January 30, 2012 - (RealEstateRama) -- The five most likely U.S. metropolitan housing markets forecast to recover in 2012 are being announced by Housing Predictor, which forecasts more than 230 cities housing markets. The pack is lead by Miami, Florida and has a handful of what might appear to be polar opposites.

Pent Up Buyer Demand in Real Estate Promises Rebound

Destin, FL - January 24, 2012 - (RealEstateRama) -- Despite the troubled U.S. economy, pent up buyer demand in the real estate market promises that 2012 will provide a major rebound in home sales, according to a new Housing Predictor poll.

Worst Annual Real Estate Markets Announced

Destin, FL - January 3, 2012 - (RealEstateRama) -- The worst annual real estate markets forecast for 2012 have been issued by Housing Predictor, which selects the 25 best and 25 worst markets annually. Cities are chosen that have the highest probability of reaching their forecasts.

Housing Predictor Issues Annual Forecasts

Destin, FL - December 28, 2011 - (RealEstateRama) -- Housing Predictor, the online real estate forecasting company, is releasing its annual housing market forecasts for 2012. The firm issues more than 230 local housing market forecasts in all 50 U.S. states, and updates them throughout the year as local market conditions warrant

Best Real Estate Market Forecasts Released

Destin, FL - December 20, 2011 - (RealEstateRama) -- The best real estate markets for 2012 have been released by Housing Predictor, which forecasts the 25 best and 25 worst housing markets annually. The cities selected have the highest probability of reaching their forecasts.

Housing Predictor Announced Annual Forecasts

Destin, FL - December 16, 2011 - (RealEstateRama) -- Housing Predictor is releasing its annual housing market forecasts for 2012. The online real estate research firm issues forecasts for more than 230 local U.S. markets in all 50 states, and keeps readers up to date on real estate news and analysis throughout the entire year.

Majority Say Banks Should Slash Mortgages

Destin, FL - November 22, 2011 - (RealEstateRama) -- A large majority of those surveyed say banks and mortgage lenders should be forced to slash the mortgage principal owed by homeowners who are in danger of foreclosure, according to a new Housing Predictor opinion poll.

Huge Majority Want Banks to Take Hit

Destin, FL - November 8, 2011 - (RealEstateRama) -- An over-whelming majority of those surveyed want banks to be forced to modify mortgages to aid the ailing U.S. economy and help homeowners at risk of foreclosure. That’s the finding of a just released poll which asked respondents whether banks should take the hit for errors they made handing out loans to anyone who could sign their name on the bottom line.

Division On Occupy Wall Street Protests

Destin, FL - October 18, 2011 - (RealEstateRama) -- A new opinion poll shows that Americans are unsure whether demonstrations outside of Wall Street will lead to social change. That was the finding of a survey conducted over the past two weeks, during which time the protests elevated to include more than 1,500 cities in the U.S. by the website that forecasted the economic crisis.

15 Million Home Foreclosures Forecast

Destin, FL - October 11, 2011 - (RealEstateRama) -- Home foreclosures have destabilized the U.S. economy and sent home prices in the majority of the country much lower. The foreclosure crisis has had a massive impact on the livelihoods of millions of Americans, and is forecast to impact millions of additional homeowners in coming years.

Survey Shows U.S. Expects Riots

Destin, FL - October 3, 2011 - (RealEstateRama) -- Not only are Americans aware of what’s going on with the U.S. economy and the housing market downturn, but a new Housing Predictor survey shows that nearly 2 out of 3 surveyed expect riots to break-out across the nation as a result of the troubles.

Poll Shows Home Prices Won’t Improve

Destin, FL - September 20, 2011 - (RealEstateRama) -- A new opinion poll shows that Americans feel home prices won’t improve in the next five years enough to pull millions of underwater homeowners out from being upside down on their mortgages.

Home Prices Will Not Hit Old Highs Again

Destin, FL - September 14, 2011 - (RealEstateRama) -- Home prices won’t hit the stratospheric highs they did during the real estate boom again, according to a just released opinion poll. There’s too much going against them, including financial reform with Dodd-Frank in Congress, new banking guidelines and red-tape to allow that to happen, respondents to the survey figured.

Economic Volatility Drags Real Estate

Destin, FL - September 7, 2011 - (RealEstateRama) -- Volatility in the stock market has diminished confidence in the U.S. housing market from recovering any time soon for the large majority of Americans, according to a new Housing Predictor survey.

S&P Downgrade Shakes Confidence in Real Estate

Destin, FL - August 23, 2011 - (RealEstateRama) -- Standard and Poor's U.S. credit downgrade seriously shakes the confidence that a recovery in the U.S. real estate market will develop, according to a new Housing Predictor poll

Survey Shows Americans Feeling Poorer

Destin, FL - August 8, 2011 - (RealEstateRama) -- The ailing “Wealth Effect” is hurting the U.S. Falling home values have stopped homeowners from taking a family vacation this summer, completing a home improvement project or making a big purchase depressing the overwhelming majority of Americans, according to a new Housing Predictor opinion poll.

Best Housing Markets Change

Destin, FL - August 1, 2011 - (RealEstateRama) -- A shake up has developed in the best real estate markets forecast for the year by Housing Predictor as cities that appeared to be developing stronger markets decline, and others move into full-fledged housing recoveries. Many cities in the U.S. are sustaining the blow of a generation in terms of home prices, but there are markets that are strengthening.

Majority Would Squat in Vacant Home

WASHINGTON, D.C. - July 19, 2011 - (RealEstateRama) -- The majority of those surveyed would squat in a vacant home if things got so bad economically they were forced to do so, according to a new Housing Predictor opinion poll

Stick it To The Banks, Survey Says

Destin, FL - June 1, 2011 - (RealEstateRama) -- Americans want more from the U.S. Congress, according to a new independent survey and Congress needs to start by forcing banks to modify home mortgages for those at risk of foreclosure.

Homeowners Want Federal Tax Credit Left Alone

Destin, FL - May 6, 2011 - (RealEstateRama) -- A majority of homeowners surveyed say they want Congress to leave the federal tax credit for homeowners alone, and institute other tax advantages to re-stimulate the U.S. housing market, according to a Housing Predictor opinion poll.

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