Mon, Jul 17 2017, 1:01 PM
Fannie Mae said it is sticking with its forecast for 2.0 percent economic growth in 2017, a projection it first made in February. The estimate of 2.1 ...
Fri, Jul 14 2017, 9:33 AM
Redfin, the Seattle-based real estate company, says that the drought in listings that has affected the inventory of homes for sale marked its 21 st mo...
Thu, Jul 13 2017, 12:39 PM
Unlike many other countries, America has a consumer-driven economy. The National Association of Home Builders (NAHB), in a couple of recent entries in...
Wed, Jul 5 2017, 10:20 AM
Home prices ratcheted down their rate of gains in May, although as they say, it is all relative. After jumping by 1.6 percent in both March and April,...
Wed, Jun 28 2017, 10:39 AM
Pending home sales failed to rise as expected in May, the third straight month that measure has declined. The National Association of Realtors'® (NAR'...
Mon, Jun 26 2017, 10:08 AM
On November 30, 2016 Freddie Mac's economists issued their monthly Outlook which, in light of the sudden surge in interest rates earlier that month, w...
Fri, Jun 23 2017, 10:46 AM
The report on May new home sales, released this morning, paints a much brighter picture than last month's release of April data. In that report, the U...
Wed, Jun 21 2017, 10:22 AM
Existing home sales weren't expected to strengthen in May, in fact analysts were looking for a slight decline. Sales however did manage to recover fro...
Tue, Jun 20 2017, 9:42 AM
Fannie Mae's Economic and Strategic Research Team hedged a few bets in its June economic summary. It laid out some wild cards while predicting that th...
Thu, Jun 15 2017, 2:58 PM
The Mortgage Bankers Association (MBA) is expecting May to provide an uptick in new home sales. Results of MBA's Builder Application Survey indicate t...
Thu, Jun 15 2017, 12:22 PM
The competition for housing is heating up along with the summer temperatures and continuing to set new records. The average house sold in May went und...
Thu, Jun 15 2017, 10:30 AM
Builder confidence in the new home market appeared to take a tumble in June, per the latest survey conducted by the National Association of Home Build...
Mon, Jun 5 2017, 11:07 AM
It should come as no surprise that the rise in interest rates that occurred after the November 2016 election had a profound impact on mortgage origina...
Wed, May 31 2017, 10:15 AM
Pending home sales had been expected to rise slightly in April after declining 0.8 percent in March. Instead, the National Association of Realtors'® (...
Thu, May 25 2017, 11:09 AM
Rather than taking a step back this year, home sales now seem ready to best their 2016 numbers. Freddie Mac's economists admit that, up until this mon...
Wed, May 24 2017, 10:04 AM
Existing homes declined in April, falling back by 2.3 percent in April when compared to March 2017 levels. The National Association of Realtors® (NAR)...
Wed, May 24 2017, 8:43 AM
Trends in New Home Sales "Pending" Home Sales, "Existing" Home Sales, and "New" Home Sales - take your pick. They all show something slightly differen...
Tue, May 23 2017, 1:33 PM
Ask anyone house hunting this spring, and they'll tell you there are far too few homes for sale. But, really, it's the price tags of the homes for sal...
Tue, May 23 2017, 10:08 AM
Sales of newly constructed homes lost momentum in April, reversing three straight months of gains. The Census Bureau and the Department of Housing and...
Wed, May 17 2017, 9:40 AM
Fannie Mae's Economic and Strategic Research Team had as a headline for its May forecast, It's Déjà Vu All Over (and Over) Again. Déjà vu indeed, as f...
Mon, May 15 2017, 11:17 AM
Applications for new home purchase mortgages fell by 19.4 percent on a non-seasonally adjusted basis in April. The Mortgage Bankers Association said r...
Mon, May 15 2017, 10:33 AM
Builder confidence just hit its highest level since December , reaching the second highest level since well before the housing crisis began. The Natio...
Mon, May 15 2017, 1:29 PM
The first quarter of 2017 the year saw home prices in large metropolitan areas appreciate at the fastest rate in nearly two years . The National Assoc...
Fri, May 12 2017, 12:39 PM
Rising wages helped to boost housing affordability in the first quarter, even as interest rates rose. The National Association of Home Builders (NAHB)...
Tue, May 9 2017, 10:08 AM
I hate to break the news, but racial diversity exists in the United States. In fact, many will tell you that it is one of the U.S.’s strongest attribu...
Fri, Apr 28 2017, 11:29 AM
The share of sales that are all-cash continues at an elevated level. CoreLogic reports cash transactions accounted for 36.5 percent of all home sales ...
Thu, Apr 27 2017, 10:28 AM
Is there mostly good news in the negative number for March pending home sales? The National Association of Realtors says yes. The NAR's Pending Home S...
Tue, Apr 25 2017, 10:33 AM
New home sales jumped higher in March, posting their third consecutive gain. Sales of newly constructed single-family homes were at a seasonally adjus...
Fri, Apr 21 2017, 10:30 AM
Sales of existing homes surged in March to a seasonally adjusted annual rate of 5.71 million, rising 4.4 percent from an unexpected decline in Februar...
Wed, Apr 19 2017, 11:27 AM
Fannie Mae has moved its projected timeline for further Federal Reserve price hikes forward by several months. The company's Economic & Strategic Rese...
Tue, Apr 18 2017, 5:05 PM
The housing inventory, or lack of it, dominates Freddie Mac's Outlook for April. The company's Economic and Housing Research team says the supply of f...
Mon, Apr 17 2017, 10:44 AM
Even though overall builder confidence retreated from March levels, the National Association of Home Builders (NAHB) called the April reading of the N...
Thu, Apr 13 2017, 11:41 AM
The Mortgage Bankers Association (MBA) says it appears that new home sales were exceptional strong in March. Its Builder Application Survey (BAS) show...
Tue, Apr 11 2017, 11:14 AM
While home sales in 2016 were the strongest in years, the National Association of Realtors® (NAR) said on Tuesday there was a shift in their compositi...
Tue, Apr 11 2017, 11:07 AM
Soaring prices are hitting the vacation home market, as a growing number of Americans now choose to rent rather than buy their beach and mountain home...
Wed, Mar 29 2017, 10:29 AM
Pending home sales in February surprised everyone with an unexpected jump of 5.5 percent . The National Association of Realtors® said its Pending Home...
Thu, Mar 23 2017, 11:14 AM
New home sales posted a much better February than did existing home sales and, in fact, better than most analysts had expected. The U.S. Census Bureau...
Wed, Mar 22 2017, 11:20 AM
Existing home sales burst out of the box in January to start the year out with a 3.2 percent increase over the previous month. Those gains, however, w...
Wed, Mar 22 2017, 10:56 AM
What a difference a month makes. After posting monthly price increase in all but one month since early 2012, the Federal Housing Finance Agency report...
Mon, Mar 20 2017, 3:28 PM
Fannie Mae's March economic forecast was written before the FOMC announced an increase in the fed funds rate last Wednesday. The company's economists ...
Wed, Mar 15 2017, 10:31 AM
The National Association of Home Builders (NAHB) said its new home builder members displayed a surge of confidence this month. The NAHB/Wells Fargo Ho...
Tue, Mar 14 2017, 11:47 AM
New home sales are expecting to post an increase of 15.9 percent in February as compared to the previous month. The Mortgage Bankers Association (MBA)...
Wed, Mar 1 2017, 9:37 AM
Freddie Mac's Insight forecast for February looks at reports that consumer price inflation is rising, and the ensuing debate over "whether or not we a...
Tue, Feb 28 2017, 12:07 PM
The spring housing market started early this year, not because of higher-than-average temperatures but because of hotter-than-average demand and overh...
Tue, Feb 28 2017, 10:11 AM
The end is near. CoreLogic said today that the market share of home sales accounted for by distressed properties may return to normal levels by the en...
Tue, Feb 28 2017, 10:07 AM
Home prices accelerated their growth again in December. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all nine U.S. ...
Mon, Feb 27 2017, 10:24 AM
Tight inventories are again being blamed for a downturn in home sales, this time January's ones. The National Association of Realtor's® (NAR's) Pendin...
Fri, Feb 24 2017, 10:53 AM
Sales of newly constructed homes, had a strong start in 2016 but flattened out toward the end of the year and ended with a dismal December. Now 2017 h...
Thu, Feb 23 2017, 4:15 PM
It seemed just an aside in the National Association of Realtors press release regarding January existing home sales. NAR President William E. Brown, t...
Wed, Feb 22 2017, 11:01 AM
Existing home sales kicked off 2017 with a spurt that brought sales of single family homes, townhomes, condos, and cooperative apartments to the faste...
