Fri, May 16 2008, 7:00 AM
Brian Bethune, chief U.S. financial economist at Global Insight, said
the decline in single-family starts "certainly makes sense given the
level of...
Fri, May 16 2008, 7:00 AM
The rate of housing starts during April was 8.2
percent higher than in March. April�s rate was 1,032,000 and the revised
March estimate was 954,00...
Mon, May 12 2008, 7:00 AM
It is going to be a blockbuster week for data in the
U.S. with the release of tier one data. Markets will receive April's CPI
report, retail sales...
Thu, May 1 2008, 7:00 AM
According to a report from the U.S. Commerce Department,
construction spending in the United Sates declined 1.1%
month-over-month in March.
Nev...
Wed, Apr 23 2008, 7:00 AM
As the overhang of new homes sits at a 27-year high of 9.8 months,
new home sales are expected to fall for a fifth
consecutive month in the March ...
Wed, Apr 23 2008, 7:00 AM
Long term mortgage interest rates as reported by
Freddie Mac in its Primary Mortgage Market Survey were virtually
unchanged during the week which ...
Thu, Apr 17 2008, 7:00 AM
If the several million people facing foreclosure over the next
few years actually lose their homes, where are they going to go?
The conventional...
Wed, Apr 16 2008, 7:00 AM
Housing starts and the issuing of
construction permits continued to fall in March. Permits
for building privately-owned housing units were issued...
Mon, Apr 7 2008, 7:00 AM
The focus this week will be on Tuesday when minutes from the
March 18 FOMC meeting , when the Fed cut interest rates
by 75 bps, are released.
M...
Tue, Apr 1 2008, 7:00 AM
Total construction spending in January fell 1.7%.
Total residential construction spending fell 0.9% in February to an
annual rate of $463.761 b...
Mon, Mar 31 2008, 7:00 AM
In the wake of mixed regional data, the U.S. ISM
report to be released Tuesday, will highlight the state of the
U.S. national manufacturing sector...
Tue, Mar 18 2008, 7:00 AM
Housing starts and the pulling of construction
permits continued to decline in February according to a
monthly report issued by the U.S. Census B...
Thu, Mar 6 2008, 8:00 AM
The chief economists of the National Association of Realtors�
( NAR ) on Thursday predicted that sales of
existing homes will probably remain flat...
Mon, Mar 3 2008, 10:28 AM
Mon, Mar 3 2008, 8:00 AM
The National Association of Home Builders ( NAHB ) has
called on Congress to quickly enact a second round of
economic stimulus programs directed a...
Wed, Feb 20 2008, 8:00 AM
Housing starts and building permits
continue to lag far behind the numbers recorded one year ago according to
monthly data issued on Wednesday by...
Tue, Feb 5 2008, 8:00 AM
With the New Year it is interesting to look back to
the forecast issued in January 2007 and compare it with the January 2008
outlook which came ou...
Wed, Jan 30 2008, 8:00 AM
Mortgage interest rates for the week ended January 24
continued to fall and long term rates hit their lowest levels since the
spring of 2004 accord...
Thu, Jan 17 2008, 8:00 AM
Housing starts took another nose-dive in December
according to a joint release from the U.S. Census Bureau and the
Department of Housing and Urban ...
Thu, Dec 27 2007, 8:00 AM
Mortgage rates were up slightly during the pre-
holiday week ended December 20 according to the Primary Mortgage Market
Survey conducted by Freddie ...
Tue, Dec 18 2007, 8:00 AM
Housing starts took another dive in November, falling
another 3.7 percent from the revised October estimate of 1,232,000
starts. Even worse, the se...
Wed, Nov 28 2007, 8:00 AM
Mortgage rates continued to decline by baby steps as
reported by Freddie Mac in its Primary Mortgage Market Survey. The 30-
year fixed-rate mortgage...
Tue, Nov 27 2007, 8:00 AM
The U.S. Council of Mayors released a devastating
report on the impact on member communities of the ongoing
housing market problems. The report, p...
Mon, Nov 26 2007, 8:00 AM
It may be hard to remember now but there was a time when real
estate was fun , maybe even fun and games. It was in those long
ago days before falli...
Tue, Nov 20 2007, 8:00 AM
The national media was trumpeting the good news about housing
start data released Tuesday morning by the Census Bureau and the
Department of Housi...
Mon, Nov 19 2007, 8:00 AM
The stock market by mid-day on Monday was heading toward another hefty
loss and analysts were blaming - what else - fallout
from the sub-prime mar...
Thu, Oct 18 2007, 7:00 AM
There is an old Western expression that a person's mood is "lower than
a snake's belly." Well lift up that snake and you just might find a home
buil...
Wed, Oct 17 2007, 7:00 AM
Secretary of The Treasury Henry M. Paulson , Jr., is
in danger of becoming a household name in the midst of the sharp housing
downturn.
"The hou...
Mon, Oct 1 2007, 7:00 AM
There was actually some good news in real estate on Friday. The bad
news was it had nothing to do with the housing slump or the mortgage
crunch.
...
Thu, Sep 20 2007, 7:00 AM
Housing starts in August hit the lowest level on an
annualized basis since July 1995 The news would have been even worse if
it were not for a subs...
Fri, Sep 14 2007, 7:00 AM
Lawrence Yun, senior economist for NAR said that unusual
disruptions are dampening the outlook for home sales, notably
for August and September. "...
Wed, Aug 29 2007, 7:00 AM
Mortgage rates in general took a fairly substantial dive during the
previous week with longer term rates dropping double digits in most cases
and so...
Fri, Aug 17 2007, 7:00 AM
Residential building permits and housing
starts continued to fall in July with the latter measure of the
nation's economic health dropping more ...
Thu, Aug 9 2007, 7:00 AM
Some interesting figures have been released by the Mortgage Bankers
Association which has announced that mortgage application
activity increased 8...
Thu, Aug 2 2007, 7:00 AM
Mortgage rates continued to ebb and flow within a
narrow range last week; most rates are little changed from where they
were in late July 2006.
...
Wed, Jul 25 2007, 7:00 AM
In perhaps the only good news in the mortgage and real estate worlds
this week, both long and short term interest rates for the week ended
July 19 b...
Fri, Jul 20 2007, 7:00 AM
The homebuilding industry is obviously in distress. But, in testimony
before the House Financial Services Committee, Federal Reserve Chairman
Ben B...
Thu, Jul 19 2007, 7:00 AM
Short-term adjustable rate mortgages (ARMs) were unchanged during the
last week, but longer term fixed and adjustable rate mortgages did move;
if up...
Fri, Jul 13 2007, 7:00 AM
It seems that nary a week can pass without a subprime
disaster of some type. This week is no exception although there
was at least a bit of variet...
Wed, Jun 27 2007, 7:00 AM
According to Freddie Mac's Primary Mortgage Market Survey for the
previous week, the market has rolled back a small portion of the large
increases i...
Tue, Jun 19 2007, 7:00 AM
Two measures of the housing market were released this
week and each shows that, at best, builders are remaining cautious; at
worst they are showin...
Mon, Jun 11 2007, 7:00 AM
Two days, two economic forecasts; the first which we reported on
earlier from the National Association of Realtors (NAR) showed a rapid
deterioratio...
Fri, Jun 8 2007, 7:00 AM
The National Association of Realtors has backpedaled
on previous housing forecasts with it U.S. Economic Outlook report for
June released on Wedne...
Thu, May 24 2007, 7:00 AM
According to Frank Nothaft , vice present and chief
economist of Freddie Mac, "Mortgage rates inched up this week following
the Federal Open Market...
Tue, May 22 2007, 7:00 AM
NAHB's chief economist David Seiders said, "The pattern of building
permits clearly shows that the dramatic downward
correction in housing productio...
Thu, May 10 2007, 7:00 AM
With the growth of house price appreciation now stalled or even
reversed, this has fueled fears that homeowners may face an inability to
withdraw eq...
Wed, Apr 25 2007, 7:00 AM
Soothing news about inflation was reflected by declining
mortgage interest rates last week, although Freddie Mac
and the Mortgage Bankers Associat...
Thu, Apr 12 2007, 7:00 AM
Will the economy return the favor?
Spring usually provides the strongest home selling period of the year
and with interest rates still relatively ...
Wed, Mar 21 2007, 7:00 AM
Two reports that contribute to the picture of the housing
industry were released on Monday. After news from the
