Wed, Jan 31 2018, 10:49 AM
Pending home sales finished off the year in a more upbeat tune. Although the December gain in sales, reported on Wednesday by the National Association...
Thu, Jan 25 2018, 10:45 AM
After three solid months of new home sales, some give-back could only be expected ; exactly what happened in December. The Census Bureau and the Depar...
Wed, Jan 24 2018, 11:22 AM
Despite a poor showing in December , existing home sales in 2017 were the best levels in 11 years. The National Association of Realtors® (NAR) said th...
Wed, Jan 24 2018, 9:56 AM
The Federal Housing Finance Agency said its House Price Index (HPI) racked up a 0.4 percent gain in November and the 0.5 percent appreciation rate rep...
Tue, Jan 23 2018, 3:49 PM
Fannie Mae's Economic and Strategic Research Group (ESR) focused on the new Tax Cuts and Jobs Act, passed late last year, in its January Economic Deve...
Thu, Jan 11 2018, 10:17 AM
Despite the usual holiday lull in overall mortgage applications, the demand for newly constructed homes increased in December. The Mortgage Bankers As...
Tue, Jan 2 2018, 10:04 AM
The November home sales market appeared unwilling to acknowledge impending winter , the usual pre-holiday slowdown, or all the predictions of graduall...
Wed, Dec 27 2017, 5:26 PM
Mortgage lenders continue to see a negative profit outlook for the first quarter of the New Year, the fifth consecutive quarter they have done so. Thi...
Wed, Dec 27 2017, 10:19 AM
Pending home sales pulled off a second straight gain in November, but just barely . The National Association of Realtors® (NAR) said its Pending Home ...
Wed, Dec 27 2017, 9:13 AM
The National Association of Realtors publishes reports for both Pending and Existing Home Sales. The conventional wisdom is that Pending Sales tend t...
Fri, Dec 22 2017, 10:39 AM
New home sales pulled off another surprise in November. Sales had posted monthly gains of 6.2 percent and 14.2 percent in September and October, landi...
Thu, Dec 21 2017, 10:21 AM
The Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) for September slowed to its lowest level since January , 6.3 percent and the mon...
Wed, Dec 20 2017, 11:04 AM
Existing home sales pulled off a hat trick in November, and the third successive monthly increase was a substantial one. The National Association of R...
Tue, Dec 19 2017, 11:05 AM
The idea that it is a good time to buy a home appears to be losing ground . The National Association of Realtors'® (NAR's) new fourth quarter Housing ...
Mon, Dec 18 2017, 5:16 PM
Despite the disruptions from several hurricanes and an expected drag from trade in the fourth quarter, Fannie Mae says it expects 2017 to finish with ...
Mon, Dec 18 2017, 10:39 AM
Builder confidence shot up in December, reaching the highest level the National Association of Home Builders (NAHB) has recorded in 18 years . NAHB sa...
Tue, Dec 12 2017, 10:59 AM
The Mortgage Bankers Association (MBA) projects a decrease in new home sales in November compared to the previous month, but still sees those sales ru...
Mon, Dec 4 2017, 9:51 AM
Black Knight, (which has just rebranded itself, dropping "Financial Services from its name), has released an especially meaty Mortgage Monitor for Dec...
Wed, Nov 29 2017, 10:19 AM
Pending home sales posted their first strong showing in three months in October, beating even the most optimistic of predictions. The National Associa...
Tue, Nov 28 2017, 10:35 AM
In October, David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices, said home price increases "appear unstoppab...
Mon, Nov 27 2017, 10:49 AM
It wasn't supposed to happen after the banner month for new home sales in September, but sales of those homes rose significantly again in October, jum...
Tue, Nov 21 2017, 11:00 AM
Existing home sales continued a gradual recovery in October after a summer of sliding sales. For the second straight month the National Association of...
Tue, Nov 21 2017, 9:40 AM
Freddie Mac's Economic and Strategic Research Team gave its forecast for housing in 2018 (which, as discussed below, it is now hedging a bit) in its O...
Fri, Nov 17 2017, 5:29 PM
Housing activity in the third quarter of 2017 is described as "continuing its rough patch" in Fannie Mae's latest edition of Economic Developments . T...
Thu, Nov 16 2017, 10:38 AM
Builder confidence increased for the second consecutive month after taking a hit in September from the late summer hurricanes. The National Associatio...
Tue, Nov 14 2017, 11:24 AM
The Mortgage Bankers Association (MBA) says that information collected through its Builder Application Survey (BAS), shows mortgage applications for n...
Mon, Nov 6 2017, 11:20 AM
The last of a series of three working papers on the hurdles hampering homeownership was introduced on Friday in conjunction with the 2017 Realtors® Co...
Thu, Nov 2 2017, 3:46 PM
Congressional leadership and the Trump Administration stand accused of " abandoning middle-class taxpayers in favor of high-income Americans and wealt...
Thu, Nov 2 2017, 11:52 AM
The rate of appreciation slowed a bit, but home prices both nationally and in most major metropolitan areas grew substantially in the third quarter of...
Thu, Oct 26 2017, 10:32 AM
We called the August pending home sales report "the gloomiest in some time." The best that can be said about the report released this morning for Sept...
Wed, Oct 25 2017, 10:40 AM
Analysts had predicted new home sales number would retreat again in September, on the heels of a 9.4 percent loss in August. Whoops! September's resul...
Wed, Oct 25 2017, 9:55 AM
Most forecasts at the end of 2016 called for a gradual slowdown in the pace of home price appreciation. Depending upon whom you asked, growth was supp...
Mon, Oct 23 2017, 6:02 PM
Like Fannie Mae, Freddie Mac's economists are viewing the disruptions from the recent hurricanes as short-lived . The 33,000-job loss in September, fo...
Fri, Oct 20 2017, 10:53 AM
It was only a small gain , albeit larger than analysts expected, but after three straight months of sliding sales, the existing home sales report for ...
Wed, Oct 18 2017, 9:51 AM
Fannie Mae has lowered its third quarter projections for GDP growth by 0.2 percent to an annualized 2.4 percent based on its assessment of the overall...
Tue, Oct 17 2017, 10:35 AM
After reacting strongly to Hurricanes Harvey and Irma with a four-point drop in September, the Housing Market Index (HMI) regained its footing in Octo...
Thu, Oct 12 2017, 11:01 AM
The Mortgage Bankers Association (MBA) is forecasting that a significant decline in new home sales occurred last month. However, like much of the othe...
Tue, Oct 3 2017, 10:27 AM
Home prices posted strong increases again in August. CoreLogic's Home Price Index was up 0.9 percent on a month-over-month basis, the same gain it pos...
Wed, Sep 27 2017, 10:22 AM
The prospects for home sales weakened further in August, and the National Association of Realtors® (NAR) has downgraded its sales forecast for the rem...
Thu, Sep 21 2017, 12:36 PM
Hard to believe it's already that time again, but Freddie Mac's Economic and Housing Research Group are out with their forecast for 2018. The headline...
Thu, Sep 21 2017, 9:48 AM
Home prices increased by 0.2 percent from June to July according to the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI). The previou...
Wed, Sep 20 2017, 10:53 AM
August was yet another disappointing month for existing home sales. The National Association of Realtors® (NAR) says those sales were down for the fou...
Mon, Sep 18 2017, 10:36 AM
Hurricanes Harvey and Irma, which ravaged Texas and Florida respectively, are taking at least some of the blame for diminishing builder confidence in ...
Thu, Aug 31 2017, 10:21 AM
Last month's resurgence in pending home sales didn't last long . Sales ended a three-month fad in June with a 1.5 percent increase in the Pending Home...
Tue, Aug 29 2017, 10:32 AM
Although home prices were generally expected to begin cooling off by the middle of 2017, the most recent Case-Shiller Home Price Index suggests the st...
Thu, Aug 24 2017, 11:06 AM
Sales of existing homes, like those for newly constructed ones, performed poorly in July. The National Association of Realtors® (NAR) said today that ...
Wed, Aug 23 2017, 10:50 AM
New home sales in July were expected to remain steady after scoring a slight gain in June, instead they plunged to a rate even lower than those a year...
Tue, Aug 22 2017, 9:56 AM
The Federal Housing Finance Agency (FHFA) reported on Tuesday that home prices were up in 48 states and the District of Columbia during the second qua...
Mon, Aug 21 2017, 10:58 AM
Real residential investment subtracted from GDP in the second quarter of the year to the greatest extent since the third quarter of 2010. Fannie Mae's...
Fri, Aug 18 2017, 10:24 AM
As investors flooded into the housing market after it collapses, they brought cash with them. At one point, 35 percent of home sale transactions were ...
