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
...
Mon, Jun 1 2015, 10:58 AM
Total spending on construction ticked up moderately in
April, rising to a seasonally adjusted annual rate of $1,006.1 billion the U.S.
Census Bureau...
Mon, Jun 1 2015, 10:14 AM
When I grow up I want to be wealthy. And thanks to this list of the wealthiest zip codes in America ,
I know just where to move. (Interesting to co...
Tue, May 26 2015, 10:43 AM
Pew Research
finds Millennials (18 to 34 years old) have now surpassed Gen X as the
largest generation in the workforce. Millennials reached 53.5m...
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...
Wed, May 20 2015, 10:36 AM
Lots
of folks here in New York were interested in Freddie Mac bumping its
2015 residential volume estimate to $1.35 trillion*, the upcoming
ho...
Tue, May 19 2015, 11:41 AM
There
are 1,700 capital markets folks wandering around Manhattan, and one of
the topics is that one week Janet Yellen and other Fed officials are ...
Tue, May 19 2015, 10:30 AM
Residential construction numbers soared in April after a
dismal March and both the number of residential permits issued and housing
starts easil...
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, 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 1 2015, 11:00 AM
Total construction spending fell in March from February
levels and remained only slightly higher than one year earlier the Census
Bureau said today....
Fri, May 1 2015, 10:57 AM
Today
is Lei Day in Hawai'i. I guess Zillow doesn't consider Honolulu a "Metro Area".
Recently Zillow Research analyzed property taxes in the "la...
Mon, Apr 27 2015, 9:07 AM
Many LOs are watching rent prices . Increasing
rent is a two-edged sword, of course, simultaneously moving households
to stop renting and buy a p...
Fri, Apr 17 2015, 10:48 AM
Since inflation doesn't exist much anymore in the economy, how about in your garage ? Detroit has plenty of empty garages and so the city announced a...
Thu, Apr 16 2015, 11:58 AM
The rate of permitting for construction of single family
housing and residential construction completions were both down in March, Housing
starts ...
Thu, Apr 16 2015, 10:03 AM
Try
saying PSDS without sounding like you're from Boston saying "pierced
ears". And 3,100 miles away, in California, the latest report echoes
wh...
Mon, Apr 13 2015, 9:51 AM
We're approaching the home buying season. What could $412k pick up in Detroit during the last home buying season? Here you go . Thanks to Brian B. fo...
Fri, Apr 10 2015, 10:36 AM
In its Economic and Housing Outlook
for April Freddie Mac's economists point out that the spring homebuying season has
become familiar territory. ...
Fri, Apr 10 2015, 10:26 AM
Sales of new homes appeared to have surged in March. According to the Mortgage Bankers Association
(MBA) mortgage applications for new home purchase...
Mon, Apr 6 2015, 10:19 AM
Late last week someone asked me about HUD's Equal Access Rule .
A month or so ago Bankers Advisory released a notice regarding HUD's
update to eq...
Thu, Apr 2 2015, 9:36 AM
The MBA tells us that independent
mortgage banks and mortgage subsidiaries of chartered banks "average
production volume totaled $417 million per ...
Wed, Apr 1 2015, 10:00 AM
Residential
lenders across the land wonder at their good fortune for great
origination volumes in March, with many setting records, and they are t...
Wed, Apr 1 2015, 1:02 PM
Overall construction spending in the U.S. was essentially
unchanged from January to February and there was only slight movement in both
public and...
Tue, Mar 31 2015, 10:47 AM
Home
prices flattened on a month-over-month basis in January even as annual prices
continued to increase S&P Dow Jones Indices said today. The ...
Mon, Mar 30 2015, 9:38 AM
In
like a lion, out like a lamb? Usually folks say that about March's
weather, not the economy. But economic data so far in the first quarter
ha...
Wed, Mar 18 2015, 10:40 AM
What is the Willis Tower? I don't know, but the $1.3 billion Sears Tower , complete with a $775 million loan, was sold to Blackstone.
The WSJ repor...
Tue, Mar 17 2015, 11:21 AM
Housing starts and completions plummeted nationwide in
February, but especially in the Northeast and Midwest where record cold and
nearly constant s...
Mon, Mar 16 2015, 9:44 AM
Practically
everyone has been involved in failed business ventures. Some go away
entirely, but some try to bounce back. Anyone who has ever flown ...
Thu, Mar 12 2015, 3:16 PM
Freddie Mac's economists restated their February forecast in
their Economic and Housing Outlook just
released for March, that 2015 could be the b...
Tue, Mar 3 2015, 10:52 AM
Irish-American Heritage is celebrated throughout the month of March and St. Patrick's Day is on March 17 th .
Once again our Census Bureau has its f...
Mon, Mar 2 2015, 11:32 AM
Both publicly and privately funded construction dipped
slightly in January from February levels the Census Bureau said today, although
both total ...
Mon, Mar 2 2015, 9:59 AM
National MI recently added a Homebuyer Education
course to its offerings. This online course will help first-time
homebuyers navigate the home ...
Wed, Feb 18 2015, 10:20 AM
Bank
tellers and other bank employees are very aware of elder abuse, and
train regularly to spot it. (Hopefully I won't be accused of it - my
ne...
Wed, Feb 18 2015, 10:08 AM
The Census Bureau and the Department of Housing and Urban
Development's New Residential Construction summary for January 2015 showed
mixed and mostl...
Tue, Feb 17 2015, 10:16 AM
Here's
the riddle of the day. What is "165"? Answer: it is the number of
business days until August 1, when the RESPA-TILA rules go into place . ...
Fri, Feb 6 2015, 2:16 PM
The National Association of Home Builders ( NAHB ) said today
that nationwide metropolitan area markets are improving at a constant pace and are
n...
Mon, Feb 2 2015, 12:48 PM
December expenditures for construction posted a small gain
in December, rising a scant 0.4 percent over November figures. The Census Bureau said tod...
Mon, Feb 2 2015, 10:18 AM
The economy is filled with surprises , and people warning us about them
- and us not listening. Every time we fill up our gas tanks we are
remi...
Fri, Jan 23 2015, 11:47 AM
Fannie
Mae's economists expect the economy to strengthen in 2015 and that will "drag"
housing into a better cycle this year.
The company's forec...
Thu, Jan 22 2015, 4:48 PM
Optimism about the housing market has been a "misplaced
notion" for the last seven years according to Wells Fargo Senior Economist Mark
Vitner, Bu...
Wed, Jan 21 2015, 10:40 AM
December's numbers for residential construction were mixed
when compared to November, but all were better than the monthly figures the previous
Dece...
Wed, Jan 21 2015, 10:34 AM
A new JPMorgan Chase report indicates that summer jobs for young adults have significantly declined .
Less than half of young people (46%) who appl...
Tue, Jan 20 2015, 10:29 AM
Whether
you're upper class, middle class, lower class, or drinking class, do
you really think the distribution of wealth is somewhat widespread?
...
Mon, Jan 5 2015, 10:44 AM
"The
first five days after the weekend are the toughest." And after two
holiday weeks, this week is going to seem pretty long. And how the heck
...
Fri, Jan 2 2015, 10:27 AM
The U.S. Census Bureau projected the United States population to be 320.1 million as of yesterday.
(And no, not all of them contribute to NAR.) Th...
Fri, Jan 2 2015, 1:19 PM
It has been a long time coming but
CoreLogic says the improving employment numbers are strongest among precisely
the demographic the housing industr...
Tue, Dec 30 2014, 11:39 AM
In its report
for October S&P Dow Jones again points to the slowing acceleration of home
prices through much of the U.S., but this time said there a...
Mon, Dec 22 2014, 10:47 AM
It's
Christmas-time, and we are all seeing plenty of logos out there. Those
graphic design people are pretty clever, and plenty of logos have hid...
Thu, Dec 18 2014, 1:22 PM
Referring to its " roller-coaster
pattern of economic growth," Fannie Mae summarized the economy and housing in
2014 as a year that started with a ...
Tue, Dec 16 2014, 12:32 PM
All three of the U.S. Census Bureau/Department of Housing
and Urban Development construction indicators dropped in November from their
October leve...
