Freddie Mac seems to be seeking a little cover in its March 2007 Economic Outlook released late last week. These monthly forecasts always have a theme which the authors tend to torture relentlessly and this month it is the old adage - "In Like a Lion..." News about the housing market is likened to the...
Is it the end of the end of the housing bubble ? The National Association of Realtors (NAR) seemed to think so as it issued its November report on the sales of existing houses, the second month in a row when sales showed slight improvement over the previous month. New home sales also showed signs of...
"A Cooling Trend" was the title given to Freddie Mac's September 2006 Economic Outlook released recently. In keeping with the seasonal theme, the report, issued by the Office of the Chief Economist, projected a cooling trend for the balance of the year, "with occasional frost and warmer conditions as...
We have often said that the quarterly Office of Housing Enterprise Oversight (OFHEO) Home Price Index (HPI) report is one of the most interesting of the dozens of surveys and measures of the housing market that come out every month, quarter, or year. The report, which is based on same house sales, is...
Freddie Mac issued its monthly "outlook" for the month of July as well as a round-up of the first half of 2006 . While the report still projects a housing market that is undergoing a "moderate and orderly cooling," a comparison to the January outlook shows a slight decline in optimism. Freddie harkened...
Freddie Mac's monthly Economic Outlook for June was released last week. In what has become a mantra, the corporations Office of the Chief Economist, quoting Federal Reserve Chairman Bernanke's recent remarks, is predicting an "orderly and moderate cooling of the housing sector." In the face of a lot...
The headline reads "Growth Continues," but probably the big news coming out of Freddie Mac's November 2005 Economic Outlook was that, for the first time since August, that headline wasn't about yet another hurricane. Still the lingering impacts of Katrina, Rita, and Wilma were prominently featured in...