Thu, Jul 23 2015, 9:36 AM
It is different this time.
At least that's the contention of the writers of this month's Economic
and Housing Outlook regarding new low downpayment...
Thu, Jul 23 2015, 9:30 AM
Amidst
rumors of PIMCO buying a large retail residential lender (don't ask me,
I'm always the last to hear), residential business is really pickin...
Thu, Jul 23 2015, 3:20 PM
Despite
improved consumer spending and stronger residential and non-residential
investments Fannie Mae's Economic and Strategic Research team are ho...
Wed, Jul 22 2015, 11:19 AM
There was unabashedly good news from the National
Association of Realtors®
(NAR) this morning. Not only were
existing home sales in June at the ...
Wed, Jul 22 2015, 10:11 AM
As expected, the CFPB issued a final rule announcing the delay of the effective date for TRID from August 1, 2015 to October 3, 2015 .
"The CFPB be...
Wed, Jul 22 2015, 7:33 AM
After last month's Existing Home Sales tally came in at an annualized pace of 5.35mln, this month's result will be within striking distance of a 9 yea...
Mon, Jul 20 2015, 10:24 AM
I
am visiting Denver for much of this week, and heard this quote: "Our
company culture? It consists of talking about our company culture."
Kiddi...
Fri, Jul 17 2015, 10:13 AM
Boy
how things have changed. Life is so expensive now; maybe that's why the
living arrangement stats have changed so dramatically since 1967. In
...
Fri, Jul 17 2015, 2:52 PM
Home remodeling is expected to soon kick back into gear . LIRA, the Leading Indicator of Remodeling
Activity produced by the Joint Center for Housi...
Fri, Jul 17 2015, 2:43 PM
The importance of cash in home sale transactions
declined in April for the 28 th consecutive month. CoreLogic said on Thursday that all-cash home
...
Thu, Jul 16 2015, 9:54 AM
Applications for mortgages to purchase newly constructed
homes rose again in June and the Mortgage Bankers Association (MBA) said this
bodes well ...
Thu, Jul 16 2015, 9:53 AM
Earnest Hemingway was born in the comfortable Midwestern suburb of Oak Park, Illinois, a place he described as full of, "wide lawns and narrow minds."...
Thu, Jul 16 2015, 1:25 PM
Builder confidence may finally be back
to stay. After yo-yoing in and out of
the "good" range of 50 or more for years, the National Association of ...
Wed, Jul 15 2015, 10:16 AM
Yes, IT systems have sailed through things like Y2K (remember that?) and the leap second on June 30 th . But there are bigger challenges. The Federal ...
Fri, Jul 10 2015, 11:18 AM
While the share of home sales accounted
for by distressed properties continues to drift lower, only two states are
approaching what could be consi...
Tue, Jul 7 2015, 12:23 PM
Are you in debt? You're not alone - and check out this United States debt clock - enough to make your stomach turn over.
Back in February the Col...
Mon, Jul 6 2015, 5:05 PM
Despite years of low interest rates an estimated 6.1 million
homeowners could still both qualify for and benefit from a traditional
refinance accord...
Thu, Jul 2 2015, 11:41 AM
The National Association of Realtors® reported last week
that f irst time buyers had increased their share of existing home sales in May
by two per...
Tue, Jun 30 2015, 11:33 AM
"One." That is the extra second that June 30 th
has today to correct clocks for the earth's rotation. "330,820." That
is the number of times Amer...
Mon, Jun 29 2015, 11:19 AM
I
doubt the average U.S. household is sitting around worrying about
interest rates. It's probably more like earthquake preparedness than
anythin...
Mon, Jun 29 2015, 1:37 PM
Pending home sales hit their highest level in over nine years in May,
indicating that the strong existing and new home sales announced last week are
...
Thu, Jun 25 2015, 3:48 PM
Even as homeownership rates remain at
historic lows the mortgage debt on single family homes is increasing, ending
seven years of decline. Freddie ...
Wed, Jun 24 2015, 3:42 PM
Free
DU? You bet - Fannie couldn't let Freddie offer LP at no charge and not
respond. "Beginning June 1, Fannie Mae will align DU and Desktop
Or...
Tue, Jun 23 2015, 12:03 PM
The good news in housing continued this morning with a
report on May new home sales. According
to the Census Bureau and the Department of Housing a...
Tue, Jun 23 2015, 10:31 AM
Prices across the U.S. rose 0.3 percent on a seasonally
adjusted basis in April compared to March the Federal Housing Finance Agency
(FHFA) said t...
Mon, Jun 22 2015, 11:07 AM
Maybe this time it is for real - the recovery
of the housing market that is. Coming on
top of excellent residential construction news last week t...
Mon, Jun 22 2015, 9:46 AM
Hopefully
all the dads out there had fun Sunday. The U.S. Census Bureau tells us
in 2008 there were 70.1 million fathers in the U.S. and in 2014 2...
Fri, Jun 19 2015, 10:47 AM
The
Census Bureau reports that as of Q1, the percentage of Americans who
own their homes fell to the lowest level in 20Ys (to 63.8%). Tighter
le...
Mon, Jun 15 2015, 10:55 AM
Builder's demonstrated the highest confidence in the market
for newly built homes in nearly a year this month as the Housing Market Index
(HMI) publ...
Thu, Jun 11 2015, 10:43 AM
Applications for the purchase of newly constructed
homes fell in May, a decline which the Mortgage Bankers Association (MBA)
attributed at least in ...
Thu, Jun 11 2015, 3:10 PM
Despite over two years of declines cash
sales continue to constitute more than one-third of total home sales. CoreLogic reported today that the shar...
Mon, Jun 8 2015, 4:59 PM
The recent improved employment statistics which included an
acceleration in average hourly earnings and a reported increase in personal
income (a Ma...
Mon, Jun 8 2015, 2:08 PM
The percentage of total home sales coming from distressed
inventories continues to drop. CoreLogic
said on Monday that short sales and sales of own...
Thu, Jun 4 2015, 2:37 PM
Enforcement of compliance with the new RESPA/TILA disclosure
forms has been postponed . As appeared
inevitable after almost unanimous testimony ...
Tue, Jun 2 2015, 10:45 AM
Some
in the industry are focused on Wells Fargo CEO John Stumpf's recent
comments saying that cybersecurity and an evolving payments industry are
...
Tue, Jun 2 2015, 4:51 PM
For some time
conventional wisdom has held that home price increases are slowin g and would
continue to do so, but the CoreLogic Home Price Index (...
Mon, Jun 1 2015, 2:52 PM
The old adage might be "go West" but new home buyers aren't listening. A recent analysis by CoreLogic shows that the
strongest new home sales marke...
Fri, May 29 2015, 10:52 AM
According
to the U.S. Census Bureau, there are now ten cities that have a
population of greater than 1 million with California and Texas each home...
Thu, May 28 2015, 10:45 AM
April saw the highest number for pending sales in nearly nine years the
National Association of Realtors® (NAR) said today. The Pending Home Sal...
Tue, May 26 2015, 11:00 AM
New home sales beat most analyst expectations in April,
rising 6.8 percent to a seasonally adjusted annual rate of 517,000 units and
posting a 26....
Fri, May 22 2015, 11:22 AM
Yes,
I know it is the Friday before a 3-day weekend, after which it is okay
to wear white shoes to formal events. (And yes, there will be a
comm...
Fri, May 22 2015, 1:42 PM
Fannie
Mae's economists used their May economic and strategic summary to downgrade
expectations for 2015 growth but at the same time painted a slig...
Thu, May 21 2015, 11:01 AM
Existing home sales in April failed both to match their
corresponding numbers in March and to live up to the consensus of analysts in
advance of thi...
Thu, May 21 2015, 10:41 AM
Hundreds
of capital markets folks have returned, bleary-eyed, to their roosts
around the country. Unfortunately, as Cantor Fitzgerald's Dave Gottf...
Tue, May 19 2015, 2:00 PM
That headline question is the focus of the May Economic and Housing Outlook produced by
Freddie mac's Office of the Chief Economist.
The economic...
Mon, May 18 2015, 12:10 PM
While they were discussing different vintages, home sellers
have a slightly more upbeat outlook on home sales then do the builders of those
homes. ...
Mon, May 18 2015, 9:40 AM
The
last seven days has involved a little travel for me: Oregon, Incline
Village in Nevada, and now Manhattan for the MBA's Secondary Marketing
...
Fri, May 15 2015, 10:53 AM
It's all relative. The Mortgage
Bankers Association (MBA) said that applications for the purchase of newly
constructed homes rose a scant 0.3 perc...
Wed, May 13 2015, 10:57 AM
The influence of cash sales on the residential real estate
market continued to decline in February with those sales accounting for 37.9
percent of...
Mon, May 11 2015, 2:20 PM
Home price appreciation accelerated in
many metropolitan areas in the first quarter of 2015. The National Association of Realtors® (NAR) again
sa...
