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 ...
Wed, Aug 16 2017, 10:57 AM
Headstrong is a rather interesting word, but the National Association of Realtors® (NAR) chose it to describe the continuing imbalance between supply ...
Tue, Aug 15 2017, 10:31 AM
Builder confidence made a strong comeback this month , surprising analysts and belying some of the gloom expressed by the National Association of Home...
Thu, Aug 10 2017, 11:28 AM
The Mortgage Bankers Association (MBA) expects there will be a sharp downturn reported in July sales of newly constructed homes. While its Builder App...
Mon, Jul 31 2017, 11:39 AM
Pending home sales recovered from a three-month swoon in June, increasing 1.5 percent in June. The National Association of Realtors® (NAR) said its Pe...
Wed, Jul 26 2017, 10:09 AM
New home sales pulled out a slight month-over-month gain in June only because estimates of sales in May were revised down. The U.S. Census Bureau and ...
Mon, Jul 24 2017, 11:30 AM
Existing home sales slipped in June, with the blame again placed on low levels of inventory . The decline in sales, announced on Monday by the Nationa...
Tue, Jul 18 2017, 11:43 AM
Our neighbors to the north seem to think the grass is pretty green on this side of the fence. The National Association of Realtors® (NAR) says that fo...
Tue, Jul 18 2017, 10:38 AM
Home builder confidence continues backing down from its post-crisis peak earlier this year, although the National Association of Realtors (NAHB) calls...
Mon, Jul 17 2017, 1:02 PM
Applications for mortgages to purchase newly constructed homes posted what was termed a seasonal decline in June. The Mortgage Bankers Association sai...
Mon, Jul 17 2017, 1:01 PM
Fannie Mae said it is sticking with its forecast for 2.0 percent economic growth in 2017, a projection it first made in February. The estimate of 2.1 ...
Fri, Jul 14 2017, 9:33 AM
Redfin, the Seattle-based real estate company, says that the drought in listings that has affected the inventory of homes for sale marked its 21 st mo...
Thu, Jul 13 2017, 12:39 PM
Unlike many other countries, America has a consumer-driven economy. The National Association of Home Builders (NAHB), in a couple of recent entries in...
Wed, Jul 5 2017, 10:20 AM
Home prices ratcheted down their rate of gains in May, although as they say, it is all relative. After jumping by 1.6 percent in both March and April,...
Wed, Jun 28 2017, 10:39 AM
Pending home sales failed to rise as expected in May, the third straight month that measure has declined. The National Association of Realtors'® (NAR'...
Mon, Jun 26 2017, 10:08 AM
On November 30, 2016 Freddie Mac's economists issued their monthly Outlook which, in light of the sudden surge in interest rates earlier that month, w...
Fri, Jun 23 2017, 10:46 AM
The report on May new home sales, released this morning, paints a much brighter picture than last month's release of April data. In that report, the U...
Wed, Jun 21 2017, 10:22 AM
Existing home sales weren't expected to strengthen in May, in fact analysts were looking for a slight decline. Sales however did manage to recover fro...
Tue, Jun 20 2017, 9:42 AM
Fannie Mae's Economic and Strategic Research Team hedged a few bets in its June economic summary. It laid out some wild cards while predicting that th...
Thu, Jun 15 2017, 2:58 PM
The Mortgage Bankers Association (MBA) is expecting May to provide an uptick in new home sales. Results of MBA's Builder Application Survey indicate t...
Thu, Jun 15 2017, 12:22 PM
The competition for housing is heating up along with the summer temperatures and continuing to set new records. The average house sold in May went und...
Thu, Jun 15 2017, 10:30 AM
Builder confidence in the new home market appeared to take a tumble in June, per the latest survey conducted by the National Association of Home Build...
Mon, Jun 5 2017, 11:07 AM
It should come as no surprise that the rise in interest rates that occurred after the November 2016 election had a profound impact on mortgage origina...
Wed, May 31 2017, 10:15 AM
Pending home sales had been expected to rise slightly in April after declining 0.8 percent in March. Instead, the National Association of Realtors'® (...
Thu, May 25 2017, 11:09 AM
Rather than taking a step back this year, home sales now seem ready to best their 2016 numbers. Freddie Mac's economists admit that, up until this mon...
Wed, May 24 2017, 10:04 AM
Existing homes declined in April, falling back by 2.3 percent in April when compared to March 2017 levels. The National Association of Realtors® (NAR)...
Wed, May 24 2017, 8:43 AM
Trends in New Home Sales "Pending" Home Sales, "Existing" Home Sales, and "New" Home Sales - take your pick. They all show something slightly differen...
Tue, May 23 2017, 1:33 PM
Ask anyone house hunting this spring, and they'll tell you there are far too few homes for sale. But, really, it's the price tags of the homes for sal...
Tue, May 23 2017, 10:08 AM
Sales of newly constructed homes lost momentum in April, reversing three straight months of gains. The Census Bureau and the Department of Housing and...
Wed, May 17 2017, 9:40 AM
Fannie Mae's Economic and Strategic Research Team had as a headline for its May forecast, It's Déjà Vu All Over (and Over) Again. Déjà vu indeed, as f...
Mon, May 15 2017, 11:17 AM
Applications for new home purchase mortgages fell by 19.4 percent on a non-seasonally adjusted basis in April. The Mortgage Bankers Association said r...
Mon, May 15 2017, 10:33 AM
Builder confidence just hit its highest level since December , reaching the second highest level since well before the housing crisis began. The Natio...
Mon, May 15 2017, 1:29 PM
The first quarter of 2017 the year saw home prices in large metropolitan areas appreciate at the fastest rate in nearly two years . The National Assoc...
Fri, May 12 2017, 12:39 PM
Rising wages helped to boost housing affordability in the first quarter, even as interest rates rose. The National Association of Home Builders (NAHB)...
Tue, May 9 2017, 10:08 AM
I hate to break the news, but racial diversity exists in the United States. In fact, many will tell you that it is one of the U.S.’s strongest attribu...
Fri, Apr 28 2017, 11:29 AM
The share of sales that are all-cash continues at an elevated level. CoreLogic reports cash transactions accounted for 36.5 percent of all home sales ...
Thu, Apr 27 2017, 10:28 AM
Is there mostly good news in the negative number for March pending home sales? The National Association of Realtors says yes. The NAR's Pending Home S...
Tue, Apr 25 2017, 10:33 AM
New home sales jumped higher in March, posting their third consecutive gain. Sales of newly constructed single-family homes were at a seasonally adjus...
Fri, Apr 21 2017, 10:30 AM
Sales of existing homes surged in March to a seasonally adjusted annual rate of 5.71 million, rising 4.4 percent from an unexpected decline in Februar...
