Thu, Nov 19 2020, 11:10 AM
The hot home sales market continued unabated in October. The National Association of Realtors® (NAR) reports that existing home sales grew for the fif...
Wed, Nov 18 2020, 9:06 AM
The Mortgage Bankers Association's (MBA's) November 2020 economic forecast ups the ante from its rosy October version. Its revisions are due to the st...
Tue, Nov 17 2020, 11:54 AM
For the third straight month the level of builder confidence in the new home market set a record high . The National Association of Home Builders (NAH...
Tue, Nov 10 2020, 12:25 PM
Extremely serious delinquencies, those loans 150 days or more past due, reached historically high levels in August. Five months into the COVID-19 cris...
Thu, Oct 29 2020, 10:21 AM
Pending home sales faltered a bit in Septembe r, like new home sales announced earlier this week, the decline ended a four-month winning streak. The N...
Wed, Oct 28 2020, 11:43 AM
Mortgage application volume rose slightly during the week ended October 23. The Mortgage Bankers Association (MBA) said its Market Composite Index, a ...
Mon, Oct 26 2020, 11:04 AM
New home sales declined in September for the first time since April. The U.S. Census Bureau and the Department of Housing and Urban Development said s...
Fri, Oct 23 2020, 10:46 AM
The contribution made to household wealth by homeownership is underlined in ATTOM Data Solutions' third-quarter U.S. Home Sales Report . The company s...
Thu, Oct 22 2020, 11:41 AM
Existing home sales rose again in September and are now blowing the doors off last year's numbers. The National Association of Realtors® says sales of...
Thu, Oct 22 2020, 9:16 AM
Purchase mortgage originations are expected to hit a new record high of $1.54 trillion next year. That forecast, which would be an increase of 8.5 per...
Mon, Oct 19 2020, 1:31 PM
While applications for new home purchase mortgages jumped in September, the Mortgage Bankers Association (MBA) expects only modest changes in the Sept...
Mon, Oct 19 2020, 10:33 AM
For only the second time in its 35-year history, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) topped 80 thi...
Thu, Oct 15 2020, 12:09 PM
Although the housing market continues to show strength, Freddie Mac economists say there are increasingly troubling signs in the larger economy. The t...
Wed, Sep 30 2020, 10:04 AM
Contracts for existing home purchases rose for the fourth straight month in August and more than doubled the increase expected by most analysts. The N...
Thu, Sep 24 2020, 11:54 AM
Once again new home sales exceeded expectations, this time by a lot. Sales of newly built homes rose 4.8 percent in August, to a seasonally adjusted a...
Tue, Sep 22 2020, 11:26 AM
Existing home sales continued on a roll for the third consecutive month, hitting the highest level in August since December 2006. The National Associa...
Mon, Sep 21 2020, 11:31 AM
Fannie Mae has upgraded its forecast for the third quarter gross domestic product (GDP). It now expects growth at an annualized pace of 30.4 percent ,...
Fri, Sep 18 2020, 12:40 PM
One out of every 15 home sales in the second quarter of the year were defined as "flips" by ATTOM Data Solutions. A flip is any arms-length transactio...
Wed, Sep 16 2020, 4:22 PM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) set a new high this month, breaking a record that it set only ...
Fri, Sep 11 2020, 8:15 AM
The Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) continued to drop in August, an indication that lending standards...
Thu, Aug 27 2020, 10:17 AM
July marked the third consecutive outsized increase in the Pending Home Sales Index (PHSI) produced by the National Association of Realtors® (NAR) It ...
Tue, Aug 25 2020, 12:02 PM
New home sales were expected to dip slightly in July after posting 13.8 percent growth in June and setting a 13-year high. Instead, the June sales wer...
Fri, Aug 21 2020, 11:38 AM
Existing-home sales posted a second month of significant sales gains in July, building on a record 20.7 percent increase in June. The National Associa...
Mon, Aug 17 2020, 4:06 PM
At the midway point of the current (3 rd ) quarter Fannie Mae is looking for a huge improvement in the gross domestic product (GDP). The company's Eco...
Mon, Aug 17 2020, 10:21 AM
Builders have tied their 32-year old record for confidence as measured by the National Association of Home Builders/Wells Fargo Housing Market Index (...
Thu, Aug 13 2020, 12:14 PM
The Mortgage Bankers Association (MBA) is predicting another strong month for new home sales. The association says its Builder Application Survey (BAS...
Thu, Aug 6 2020, 11:43 AM
Foreign buyers cut back their investment in U.S. residential properties over the 12 months that ended in March. It was the second year-over-year decli...
Wed, Jul 29 2020, 10:59 AM
Pending home sales soared again in June, although the liftoff was relatively shallow compared to the 43 percent increase in May. The National Associat...
Fri, Jul 24 2020, 11:00 AM
New Home sales have done it again, rising for the third straight month. The U.S. Census Bureau and Department of Housing and Urban Development estimat...
Wed, Jul 22 2020, 11:35 AM
Existing home sales ended a three-month string of losses arising out of the COVID-19 pandemic with a flourish, soaring by 20.7 percent from May to Jun...
Thu, Jul 16 2020, 10:33 AM
Economists talk about the potential for a V shaped recovery from the pandemic and that is exactly the pattern displayed by the National Association of...
Wed, Jul 15 2020, 1:02 PM
The Mortgage Bankers Association (MBA) is expecting new home sales to spike again in June, based on results of its Builder Application Survey (BAS). T...
Tue, Jul 14 2020, 3:40 PM
The reopening of the economy in several states from the COVID-19 shutdowns has moved Fannie Mae's Economic and Strategic Research (ESR) Group to raise...
Mon, Jul 6 2020, 11:24 AM
Black Knight has again taken a look at the number of Americans who could benefit significantly from refinancing their first mortgages, but the facts a...
Mon, Jun 29 2020, 10:28 AM
Lawrence Yun, chief economist for the National Association of Realtors® (NAR), predicted last month that April's home sales contract activity "will be...
Tue, Jun 23 2020, 10:59 AM
After its pandemic-related plunge in April, the rapid recovery of the Housing Market Index, a measure of builder confidence, seems justified by today'...
Mon, Jun 22 2020, 11:16 AM
Existing-home sales fell again in May, although only at a little more than half the rate of decline in April. Still, it marked the third month of fall...
Thu, Jun 18 2020, 10:43 AM
Freddie Mac's Economic and Housing Research Group says say that, heading into summer, the housing market is rebounding from the COVID-19 pandemic's da...
Fri, Jun 12 2020, 12:12 PM
Home flipping, defined as buying a home and reselling it (in two arms-length transactions) within a year, accounted for 7.5 percent of all home sales ...
Mon, Jun 1 2020, 12:15 PM
As was reported last week, new home sales in April were much, much better than expected. There may or may not be a cause and effect going on here, but...
Thu, May 28 2020, 10:46 AM
Pending home sales cratered again in April, marking two straight months of declines that exceeded 20 percent. The National Association of Realtors® (N...
Tue, May 26 2020, 11:37 AM
New home sales, rather than dropping like a rock, rose 0.6 percent in April according to the U.S. Census Bureau and the Department of Housing and Urba...
Thu, May 21 2020, 11:57 AM
Existing home sales fell hard in April, the numbers coming in about where analysts expected them but breaking a nine-month string of annual gains. The...
Mon, May 18 2020, 10:39 AM
Nearly all financial indicators took a hit last month as unemployment measures shot higher, businesses shut down, and consumers and their families sel...
Fri, May 15 2020, 11:42 AM
Fannie Mae's Economic and Strategic Research (ESR) group says it expects the U.S. gross domestic product (GDP) to decline by 35 percent (annualized) i...
Fri, May 15 2020, 10:42 AM
The Mortgage Bankers Association (MBA) says applications for financing new home purchases were down 25 percent in April compared to March and by 12 pe...
Tue, May 5 2020, 8:23 AM
CoreLogic's Home Price Index for March showed that the spring market started out strongly, with price appreciation from the previous month of 1.3 perc...
Fri, May 1 2020, 11:07 AM
Homeownership continued to be a significant builder of household wealth in the first quarter of this year. ATTOM Data Solutions said home sellers nati...
Wed, Apr 29 2020, 11:06 AM
Everyone knew that the March pending home sales report, the first real measure of the impact of the COVID-19 impact on the residential real estate mar...
Tue, Apr 28 2020, 10:04 AM
In what will probably prove to be the last full month of normal home sales for a while , prices of homes accelerated significantly. The S&P CoreLogic ...
