2. CONTENT
US house prices 2006-2010
High risk loans and the house prices
Foreclosures and how it affects borrowers
nowadays
US house prices August
Conclusion
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Created By Annelijn De Graeve
3. THE US HOUSE PRICES 2006-2010 (1)
Largest depreciation
Nevada: < 50%
Also high = Californa, Florida and Arizona
Texas: only 2%
National average 20%
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Created By Annelijn De Graeve
4. THE US HOUSE PRICES 2006-2010 (2)
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Fixed-rate loans High risk mortgages
Texas: 2% Nevada: 50%
5. HOUSE PRICES AND THE HIGH RISK LOANS
House prices decrease
Interests increase
House prices < mortgages
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Created By Annelijn De Graeve
6. FORECLOSURE: HOW IT AFFECT PEOPLE
NOWADAYS (1)
A delay of foreclosure
People stop paying their loans
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Created By Annelijn De Graeve
7. FORECLOSURE: HOW IT AFFECT PEOPLE
NOWADAYS (2)
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1. time between stopping payment and being
removed
2. Back up of unsold homes
3. Reputation of banks
Why are they affecting the borrowors
3 possible reasons
8. THE US HOUSE PRICES IN AUGUST 2010
Prices fell 0.2%
Some cities prices
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Created By Annelijn De Graeve
9. CONCLUSION
US house prices declined
Some US borrowers aren’t afraid to stop paying
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Created By Annelijn De Graeve