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 ...
Thu, Apr 23 2020, 11:59 AM
The Census Bureau and Department of Housing and Urban Development's report on new home sales in March is the first real time indication of the impact ...
Tue, Apr 21 2020, 11:33 AM
Existing home sales fell back last month from their unexpectedly good performance in February, but still maintained their long record of annual increa...
Fri, Apr 17 2020, 12:59 PM
Fannie Mae's April Economic Developments summary is, like Freddie Mac's, relatively optimistic only because they see the impact of the pandemic as bei...
Thu, Apr 16 2020, 1:44 PM
Is it possible that home buyers are adjusting more quickly to this brave new virus-driven world than was hoped? Will Americans now do the whole home p...
Wed, Apr 15 2020, 10:42 AM
The National Association of Home Builders (NAHB) said its Housing Market Index (HMI), which it sponsors jointly with Wells Fargo, suffered the largest...
Tue, Apr 14 2020, 10:48 AM
Freddie Mac's Quarterly Forecast is more upbeat than one might expect . While it acknowledges that, with big chunks of the U.S. economy currently in l...
Thu, Apr 9 2020, 11:15 AM
Realtors don't expect the 2020 "spring market" is going to happen, but they are optimistic there will be a post-pandemic rebound driven by delayed dem...
Tue, Apr 7 2020, 4:53 PM
Black Knight has done an early analysis of the potential impacts of the COVID-19 pandemic on the housing market . In our summary of the first part of ...
Mon, Mar 30 2020, 10:41 AM
Pending home sales, which jumped 5.2 percent in January, did not retrench as expected last month. The National Association of Realtors® (NAR) said its...
Tue, Mar 24 2020, 10:36 AM
Sales of newly constructed home jumped to a 13-year high of 764,000 annualized units in January , a number that was revised even higher today to 800,0...
Fri, Mar 20 2020, 11:45 AM
Who knows what tomorrow will bring? At least for today we have some welcome good news from the National Association of Realtors® (NAR). Existing home ...
Wed, Mar 18 2020, 8:42 AM
New home sales in February are expected to be down from January's levels based on loan application volume data reported by the Mortgage Bankers Associ...
