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.