Tue, Jan 24 2017, 11:15 AM
Existing home sales finished out 2016 with a generally expected decline. Still, the National Association of Realtors® (NAR) said today that 2016 overa...
Fri, Jan 20 2017, 2:59 PM
How will the economic philosophy that was altered by the last election actually evolve into policy? The is the question raised by Fannie Mae's Economi...
Wed, Jan 18 2017, 10:39 AM
The Housing Market Index (HMI) backed down a bit from its post-election surge in January, dropping 2 points to a composite reading of 67. The National...
Thu, Jan 12 2017, 9:40 AM
It ain't over 'til it's over, and that seems to be increasingly true of contacted home sales. Trulia reported on Wednesday that, "Deals to sell homes ...
Thu, Jan 12 2017, 9:32 AM
New home sales are projected to fall in December relative to November, not an unexpected pattern as the year-end holidays approach. The Mortgage Banke...
Thu, Dec 29 2016, 9:32 AM
When Freddie Mac introduced its Multi-Indicator Market Index (MiMi) in March 2014 only 11 of the 50 states plus the District of Columbia were deemed s...
Wed, Dec 28 2016, 10:46 AM
Pending sales, which were widely expected to make a good showing in November, pulled back sharply instead. The National Association of Realtors® (NAR)...
Wed, Dec 28 2016, 8:40 AM
NOTE: This paragraph will be at the top of the Day Ahead for a few weeks. Once you've read it, feel free to skip it. The Day Ahead has long been my ...
Fri, Dec 23 2016, 10:52 AM
New home sales continued their recent pattern of advancing and retreating in alternate months. The Census Bureau and Department of Housing and Urban D...
Thu, Dec 22 2016, 12:52 PM
This year, with less than two weeks left to go, is shaping up to be the best year for housing in a decade according to Freddie Mac's Economic & Housin...
Thu, Dec 22 2016, 10:13 AM
The share of cash sales appears to be holding fairly steady , even as investors pull back from the residential market (NAR put the investor share of s...
Wed, Dec 21 2016, 11:21 AM
Existing home sales rose for the third consecutive month in November. The increase was fueled by condo sales and a surge of sales in the Northeast. Tw...
Wed, Dec 21 2016, 9:28 AM
Despite the 3.2 percent annualized growth in the GDP in the third quarter, Fannie Mae's economists expect the full-years growth to moderate to less th...
Thu, Dec 15 2016, 11:56 AM
The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) soared by 7 points in December, reaching a level of 70, the highest r...
Tue, Dec 13 2016, 10:12 AM
The Mortgage Bankers Association (MBA) reports that applications for new home purchase mortgages were down 3 percent in November compared to October. ...
Thu, Dec 8 2016, 10:57 AM
Analysts from the Urban Institute recently put a hard number on tight credit. The company says that lenders failed to make about 5.2 million mortgages...
Wed, Dec 7 2016, 9:27 AM
Today is the 75th anniversary of the Japanese attack on the U.S. naval base at Pearl Harbor in Hawai’i where 2,403 Americans died and 1,178 were wound...
Tue, Dec 6 2016, 9:27 AM
Many years ago, it was a joke in Britain to say that, “the War Office was always preparing for the last war.” To their credit, regulators now often tr...
Wed, Nov 30 2016, 10:37 AM
Pending home Sales eked out a 0.1 percent gain in October. The National Association of Realtors® said its Pending Home Sales Index (PHSI) barely manag...
Wed, Nov 30 2016, 1:35 PM
Interest rates are, quite naturally, the focus of Freddie Mac's November Outlook. The company's Economic & Housing Research Group looked at the potent...
Fri, Nov 25 2016, 10:40 AM
CoreLogic says it is now able to closely track household mobility through various data sets including property taxes and sales transactions. Some coun...
Wed, Nov 23 2016, 10:49 AM
New home sales failed to build on their September momentum, although the October downturn was not a large one. The Census Bureau and the Department of...
Tue, Nov 22 2016, 11:27 AM
October existing home sales added to September's rebound, rising to the highest annualized pace in nearly a decade . The National Association of Realt...
Tue, Nov 22 2016, 3:06 PM
All-cash sales represented 31.1 of the total home sales recorded in August, according to a CoreLogic report on cash and distressed home sales. This wa...
Wed, Nov 16 2016, 3:11 PM
Builder confidence in the market for newly-built single-family homes was unchanged in November, based on data gathered before the election. The Nation...
Tue, Nov 15 2016, 10:55 AM
The Mortgage Bankers Association (MBA) is estimating that the pace of new home sales slowed slightly in October compared to the previous month. Its Bu...
Thu, Oct 27 2016, 10:47 AM
Pending home sales bounced back in September after falling by 2.5 percent in August the National Association of Realtors® (NAR) said on Thursday. NAR'...
Wed, Oct 26 2016, 10:49 AM
New home sales resumed their upward march in September, rising above August sales which had retreated significantly from a near decade-long high of 62...
Tue, Oct 25 2016, 11:05 AM
Price gains accelerated in August, rising more year-over-year than they did in July according to data released today by both the Federal Housing Finan...
Fri, Oct 21 2016, 10:51 AM
Deja vu all over again? Freddie Mac says economic growth is recovering from a weak first half of the year, the labor market is holding steady and Fed ...
Thu, Oct 20 2016, 10:55 AM
There is a lot of upbeat news in the September existing home sales report released by the National Association of Realtors® (NAR) on Thursday. Sales r...
Wed, Oct 19 2016, 2:46 PM
This month CoreLogic has combined their cash sales and distressed sales data into a single report rather than the two they have issued each month sinc...
Wed, Oct 19 2016, 2:38 PM
Fannie Mae says it expect economic growth will improve on its anemic performance in the first half of 2016 in the second half of the year, rising to 2...
Tue, Oct 18 2016, 10:48 AM
The Housing Market Index (HMI), a measure of home builder confidence in the new home market, gave back a bit of its September surge this month. The Na...
Fri, Oct 14 2016, 12:53 PM
Sales of newly constructed homes ticked up 7 percent in September when compared on a non-seasonally adjusted basis to August according to the Mortgage...
Mon, Oct 3 2016, 2:24 PM
In its "first look" at August mortgage performance data Black Knight noted that the Single Month Mortality (SMM) or prepayment rate for the month had ...
Thu, Sep 29 2016, 10:51 AM
Pending home sales were unable to sustain the slight upward tick experienced in July and resumed their downward trend in August, declining by 2.4 perc...
Thu, Sep 29 2016, 2:06 PM
The lack of housing affordability is rising among the 414 U.S. counties tracked by ATTOM Data Solutions. ATTOM, the new parent company of RealtyTrac, ...
Thu, Sep 29 2016, 2:01 PM
Sales of distressed homes, both lender-owned properties (REO) and short-sales continue to decline but are still at levels nearly four times what is co...
Wed, Sep 28 2016, 10:32 AM
The all-cash share of residential sales dipped below 30 percent in June, the first time this has happened since 2007. CoreLogic said on Tuesday that c...
Wed, Sep 28 2016, 10:29 AM
To understand the top-line story in the Urban Institute's (UI's) latest Chartbook released on Monday one has to go back to another UI paper published ...
Mon, Sep 26 2016, 11:00 AM
After a spectacular run for new home sales in July, it was anticipated that August activity would be considerably more modest. While sales did retrenc...
Thu, Sep 22 2016, 11:09 AM
Sales of existing homes slowed for the second consecutive month in August according to data released on Thursday by the National Association of Realto...
Thu, Sep 22 2016, 9:54 AM
Home price increases appear to have accelerated in most of the country in July as compared to June according to data released on Thursday by the Feder...
Wed, Sep 21 2016, 5:04 PM
If nothing else, the headline of this months' Outlook from Freddie Mac was a grabber. "Mortgage Originations Poised to Surge," it read, and what follo...
Tue, Sep 20 2016, 10:15 AM
Fannie Mae says that early bets on third quarter economic growth are around 3.0 percent which has the Federal Reserve talking again about raising the ...
Mon, Sep 19 2016, 10:50 AM
After half a year of barely budging the Housing Market Index (HMI ) surged by six points in September. The index, jointly sponsored by the National As...
Mon, Sep 19 2016, 10:19 AM
You’ve made it to “Talk like a Pirate” day. Many lenders are saying, “Arrggghh” when it comes to appraisals. Mike Simmons with Axis AMC put some thing...
Thu, Sep 15 2016, 12:25 PM
The Mortgage Bankers Association (MBA) estimates that sales of newly constructed homes increased by 5.0 percent in August compared to July. The estima...
Fri, Sep 9 2016, 3:00 PM
The U.S. housing market continues to move ahead, but a generation of homebuyers is being left behind . That's the conclusion of an analysis of homeown...
