Tue, Dec 23 2014, 11:46 AM
Sales of new homes fell in November,
coming in 1.6 percent below sales the previous month. The U.S. Census Bureau and the Department of
Housing a...
Tue, Dec 23 2014, 11:37 AM
Home prices nationally, which essentially flat-lined in September,
appear to have resume a moderate rate of increase. The Federal Housing Finance Ag...
Tue, Dec 23 2014, 10:34 AM
Let's talk about the $26 billion in equity gain
in Colorado in 2014 - Rocky Mountain High! What are not gaining are the
stock prices of non-ban...
Mon, Dec 22 2014, 11:23 AM
Existing home sales in November fell far short of sales the previous
month according to today's report from the National Association of Realtors® (NA...
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 ...
Wed, Dec 17 2014, 10:53 AM
For
folks who like paper and documentation, in 2015 nearby Iowa (I am in
Kansas for a few days) will become the first state to offer an official
...
Wed, Dec 10 2014, 2:47 PM
Cash
sales continued to decline in importance in September. These sales, which represented close to half
of all home sales when foreclosures and le...
Wed, Dec 3 2014, 4:15 PM
Redfin, the large national real estate
firm based in Seattle, is reporting that, while sales of homes costing over $1
million is still outpacing the...
Fri, Nov 28 2014, 10:41 AM
For
a deviation from the topic of millennials living at home, since the
industry seems so focused on the behavior of this group (just like we
we...
Wed, Nov 26 2014, 12:18 PM
Sales of newly constructed single family
homes rose slightly in October compared to September and were also improved
from sales a year earlier. The...
Wed, Nov 26 2014, 12:13 PM
While pending home sales were down
slightly compared to September the National Association of Realtors® (NAR) said
October was the second month in...
Wed, Nov 26 2014, 9:38 AM
With
Thanksgiving around the corner, here's some conversation fodder.
Thanksgiving became a national holiday 151 years ago when President
Lincol...
Mon, Nov 24 2014, 10:34 AM
If you're looking for next investment property, the nearest "college town" may serve you well. According to research from Clear Capital ,
out of ...
Fri, Nov 21 2014, 10:44 AM
In New York, the New York Mortgage Bankers Association's website
is now live. The group is functioning and has already had meetings with
DFS, so...
Thu, Nov 20 2014, 10:54 AM
For
those of you who'd rather watch a video than read the written word, the
Federal Deposit Insurance Corporation (FDIC), which knows a thing or
...
Thu, Nov 20 2014, 1:02 PM
If October sales of existing homes are an indication
2014 may come to a better conclusion than has been expected. The National Association of Realto...
Tue, Nov 18 2014, 10:48 AM
New home builders regained some of the confidence in
the market they had displayed in September after wavering significantly in
October. The Na...
Mon, Nov 17 2014, 10:32 AM
This week I will spend time in California, Colorado, and Kansas,
and expect to hear from many folks about the state of the industry.
Unlike Japan,...
Mon, Nov 17 2014, 2:38 PM
The prognosticators are already gearing up
for the New Year and at least one foresees a strong economy in 2015. Freddie Mac's chief economist Frank ...
Fri, Nov 14 2014, 12:44 PM
Although cash sales ticked up slightly in August, a
pattern that has been maintained for 14 of the last 15 years, that share of all
home sales conti...
Thu, Nov 13 2014, 9:56 AM
The Mortgage Bankers Association (MBA) noted a significant
increase in new home sales in October.
MBA's estimate is based on responses to its Bui...
Fri, Nov 7 2014, 1:31 PM
I was struck by a comment made by the Mortgage Bankers’ Association President David Stevens last week: "It's time to acknowledge all the safeguard...
Thu, Nov 6 2014, 2:07 PM
Institutional
investor participation in the single family residential market fell another
notch in the third quarter of 2014. RealtyTrac
said to...
Wed, Nov 5 2014, 10:40 AM
If
you don't think that the gap between the haves and have-nots is
widening, Forbes reports about 50% of global wealth is controlled by 1%
of th...
Thu, Oct 30 2014, 12:30 PM
"A real estate market that should be flying high is
instead a real estate market that is faltering ," according to Brian Mushaney,
Executive Vice...
Tue, Oct 28 2014, 10:59 AM
August data released this morning by S&P Dow Jones Indices reveals that, while home prices throughout the U.S. continue to increase, the rapid pace ...
Tue, Oct 28 2014, 10:53 AM
This
is the season that CEOs are asking underlings for 2015 projections, and
of course no one wants to tell the boss that volume is going to go
...
Mon, Oct 27 2014, 10:40 AM
Pending home sales, while increasing
only slightly in September, exceeded those of a year earlier, the first time in
11 months this has occurred. ...
Mon, Oct 27 2014, 10:38 AM
The
Fed reports home ownership among families with a head of household
younger than 40 years old have fallen from about 50% from 2005 to 42%
tod...
Fri, Oct 24 2014, 12:33 PM
New home sales increased only slightly in September,
up 0.2 percent over August, bringing the annual rate of those sales to
467,000. Sales were up ...
Fri, Oct 24 2014, 10:59 AM
Fannie Mae said on Thursday that real economic
growth in the last two quarters of 2014 appear poised to exceed 3.0 percent ,
providing a solid basi...
Fri, Oct 24 2014, 10:55 AM
According
to Zillow Real Estate Research, home ownership rates among millennials
have declined over the past four decades mainly due to changing...
Fri, Oct 24 2014, 7:22 AM
We approached Thursday's session with a mainstream viewpoint and alternative, more bullish possibilities to consider. The mainstream viewpoint (amo...
Wed, Oct 22 2014, 10:49 AM
If I was going to build a house, I'd want to make sure it was on the right lot. For some folks that doesn't work out so well
- thanks to Ali F. fo...
Wed, Oct 22 2014, 8:52 AM
Falling interest rate precipitated a
major refinancing rally during the week ended October 17 even though Columbus
Day shortened the business weeks ...
Tue, Oct 21 2014, 11:44 AM
Existing home sales, which ended four
straight months of gains with a 1.8 percent decline in August, bounced back in
September the National Associat...
Tue, Oct 21 2014, 10:57 AM
I
was dealt a serious setback yesterday here at the MBA conference, being
held in the immense Four Seasons, Mandalay, Delano, conference center
...
Mon, Oct 20 2014, 9:57 AM
I
brought a set of workout clothes to the MBA conference, which turned
out to be a waste because we're all burning lots of calories dashing to
m...
Thu, Oct 16 2014, 12:50 PM
The National Association of Home
Builders (NAHB) said on Thursday that sentiment among its new home builder
members reversed course in October, with...
Thu, Oct 16 2014, 1:28 PM
The share of home purchased with all-cash is continuing
to drop, but even with a -3.0 percentage point change between July 2013 and July
2014 they s...
Tue, Oct 14 2014, 1:58 PM
In July Sam Khater, an
economist at CoreLogic, wrote about the comeback of the condo market
and how construction of units had increased from pos...
Thu, Oct 9 2014, 10:29 AM
Applications for mortgages with which to
purchase new homes in September were essential unchanged in volume from August the
Mortgage Bankers Associa...
Tue, Oct 7 2014, 2:20 PM
Fannie Mae said its September National
Housing Survey noted a rebound in consumer housing optimism after a dip was
recorded in August. Most indic...
Mon, Oct 6 2014, 10:11 AM
Marriott
was fined $600,000 by the U.S. Federal Communications Commission for
blocking hotel customers from connecting to the internet on personal...
Tue, Sep 30 2014, 11:00 AM
How did we arrive at the end of the 3 rd
quarter so quickly? It has been filled with legal news about the
financial services sector right up to...
Tue, Sep 30 2014, 10:48 AM
There was what the S&P/Case-Shiller Home Price Indices
called "a significant slowdown in price increases in July S&P Dow
Jones Indices said today....
Mon, Sep 29 2014, 10:52 AM
Pending home sales declined slightly in
August, mirroring a similar pull-back in existing home sales announced last
week. The National Association ...
Mon, Sep 29 2014, 10:23 AM
Is it against the law for an employer to provide
an employee with better-than-market rates? KPMG hopes not . And the only thing I could find employ...
Fri, Sep 26 2014, 3:34 PM
Bank of America/Merrill Lynch says its official outlook
for the economy is neither that of a Bull forecasting a cyclical surge or a
Bear's view of s...