Stock Markets Exposed - Recent Stock Market Crash?

Recent Stock Market Crash?

With the stock market crashing because of housing issues, what does this mean for home prices? Will prices fall? i know that now is a good time to buy foreclosed properties, but what about regular home prices? Will lenders be more apprehensive before giving mortgages, or will they scrutinize your credit history more than usual. I am trying to make sense of the stock market crash and how I can capitalize on it.

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"With the stock market crashing because of housing issues, what does this mean for home prices? Will prices fall? i know that now is a good time to buy foreclosed properties, but what about regular home prices?" Hard to call it a "crash". The bigger effect will be on properties, and whether or not you can get financed to buy them. "Will lenders be more apprehensive before giving mortgages, or will they scrutinize your credit history more than usual. " Yes. That's already happening. Your chances of getting a "low-doc" or "no-doc" mortgage are pretty low
Lenders are indeed tightening up on credit requirements on all types of loans as they always do in reaction to increasing delinquencies and foreclosures. As always, various areas of the country will experience extreme market depressions and others will be lightly affected depending on local economic and housing market conditions. It is a good time to invest in real estate for a long term invest men, the pendulum always swings back and land never goes away.
Recent stock market crash? What crash? This is a tiny little bump in the road. The S&P is up about 4.5% for the year-to-date (was up 7%) That's hardly a crash. Now, home prices in some areas have dropped, so you may be right to start looking around for bargains...depending on where you're looking. But I don't think the housing prices have bottomed out yet (could be wrong, I am not a real estate investor -- plus, there's a lot of variability between areas.)
Home prices are already falling in a lot of areas across the nation - it is definitely a buyer's market. I wouldn't call today's session a crash - more like a correction, but that's neither here nor there. =) It is becoming harder to obtain a home loan, but there are still a lot of good programs out there!
all the things you mention are already in place and happening. property values are dropping foreclosures are up - people cannot refi their ARMs - forcing them into foreclosures now or anytime in the future is a good time to buy - if you go with a traditional loan and stay away from ARMs or creative financing. lenders are vurrently more apprehensive about lending...they want you to put 20% down and sometimes to even prove that you have 6 months of payments in escrow (just in case) the stock market has not crashed, but it certainly took a hit --especially after it was climbing good recently. you will continue to see a definite connection between the stock market and the real estate market and foreclosures... and this will most probably not right itself for quite a while....the media is speculating another 24+ months good luck---stay informed
There has not been a "recent" crash; the last time the market actually "crashed" was in 2000. If you had put $1000 in the market just before that crash, you would still be up over 50%. That's FREE money. The best way to capitalize of market fluctuations is to ignore them, and invest regular equal dollar amounts in sound stocks (like the Dow components); when the price is "high" you buy less, and when "low" you buy more that way, without even having to do any math! If you'd like to average 15-18% total return long-term, with virtually no risk, read this: http://www.dogsofthedow.com/ The only way this can fail is if there is a total collapse of the economy, and if that happens, nothing matters anyway(except how much bottled water and hard tack you have stored!)
Well, first of all, there hasn't been a stock market crash. Second, housing is still 25-45% higher than it was 3 short years ago. It appears we will see more downward pressure on existing home sales prices. New construction sales prices have leveled out in most places but probably will not retreat the way existing home prices have. Buying foreclosures is tough. A lot of pros are in the market and they snap up the good deals. There are very few of them due to the principle remaining on so many of these foreclosures. There is a definite buying opportunity with existing homes. Many sellers have updated these homes exquisitely. Be patient as sales prices are still declining in most places. As for mortgages, yes you will get the thorough examination. You can still get a loan, however, if you are undercapitalized, your note will be poor. PMI, high interest rates and a myriad of other add-ons will make the deal too burdensome to contemplate. Save your cash, be patient and find a lender with a soul. Find a lender who is more of a counselor. One who will tell you not to do a deal if it is going to break you.
What Crash the dow had declined 800 points from it's high 14,000X6%=840 A 6% decline is not considered a crash. Minimum 20% down, then you can call it a correction. 40-50% down in a month or two would be needed to call it a crash. Yes, I do think the sub-prime mortgage mess will eventually tank the market. I'm looking for a 20% correction into October of this year then, up, up and away when the Federal Reserve is forced to lower interest rates and print money like you have never seen. Stay tuned! "May you live in interesting times" -Old Chinese Proverb.