Fri, May 25 2018, 8:10 AM
CoreLogic says flipping is back. The term applies to the act of buying, renovating and/or repairing a house, then reselling it, all within a short tim...
Thu, May 24 2018, 11:00 AM
Existing home sales put an end to two straight months of gains , retreating in April on both a monthly and annual basis. The National Association of R...
Thu, May 24 2018, 10:29 AM
Home prices in the first quarter of 2018 were 1.7 percent higher than at the end of the fourth quarter of last year. The Federal Housing Finance Agenc...
Thu, May 24 2018, 9:08 AM
Fannie Mae is backing down slightly on its economic forecast for the remainder of 2018. The first quarter GDP growth of 2.3 percent was the slowest in...
Wed, May 23 2018, 10:44 AM
New home sales dipped in April, a reversal that was expected by many analysts . The U.S. Census Bureau and the Department of Housing and Urban Develop...
Fri, May 18 2018, 9:09 AM
In the face of continuing inventory shortages, declining consumer sentiment in favor of buying a home, and concern about the homeownership impacts of ...
Tue, May 15 2018, 10:37 AM
The National Association of Home Builders (NAHB) and Wells Fargo said on Tuesday that builder confidence in the new home market ticked up two points o...
Mon, May 14 2018, 11:58 AM
Not only did the pace of home price increases quicken nationally during the first quarter of 2018, but the National Association of Realtors® (NAR) sai...
Thu, May 10 2018, 4:21 PM
Applications for new home purchase mortgages slowed significantly in April when compared to March the Mortgage Bankers Association (MBA) said on Thurs...
Mon, Apr 30 2018, 10:34 AM
It wasn't much of a gain , even missing analysts' predictions, but given the recent performance of the Pending Home Sales Index (PHSI), any positive c...
Tue, Apr 24 2018, 11:24 AM
New home sales continue to improve after grim reports in December and January. New home sales posted a solid gain in March, and revisions to the Febru...
Mon, Apr 23 2018, 2:09 PM
Freddie Mac's economists say, "The broader economic environment remains favorable for home sales," but they add a lot of caveats to that statement . S...
Mon, Apr 23 2018, 10:56 AM
Existing-home sales seemed to have reclaimed their footing, posting their second consecutive gain after two straight months of declines. The National ...
Thu, Apr 19 2018, 9:32 AM
Fewer homes on the market are affordable than a year ago, and fewer households can afford them with their current income. The National Association of ...
Tue, Apr 17 2018, 12:27 PM
Fannie Mae's economists remain upbeat about economic growth in the medium term but said on Monday that they see increasing downside risks. In its Marc...
Thu, Apr 12 2018, 12:20 PM
The Mortgage Bankers Association (MBA) is predicting a strong increase in new home sales in March. Its Builder Application Survey (BAS), conducted wit...
Tue, Apr 3 2018, 9:54 AM
The amount of equity available for tapping by homeowners hit a new recent high in February . Meanwhile, mortgage prepayment rates (how quickly owners ...
Wed, Mar 28 2018, 10:39 AM
While it didn't serve to completely recoup the 4.7 percent loss in January, pending home sales did snap back strongly in February . The National Assoc...
Fri, Mar 23 2018, 12:34 PM
There was much better news in February than in January regarding new home sales. Those sales had been reported down by 7.8 percent on top of a 9.3 per...
Thu, Mar 22 2018, 10:07 AM
Home prices took a big leap in January , at least according to the Federal Housing Finance Agency's (FHFA's) seasonally adjusted House Price Index (HP...
Wed, Mar 21 2018, 11:01 AM
Sales of existing homes reversed direction in February after sliding for two consecutive months. The National Association of Realtors® (NAR) said comp...
Tue, Mar 20 2018, 11:53 AM
Fannie Mae has lowered its forecast for first quarter 2018 growth from 2.9 to 2.8 percent due to " lackluster consumer spending and nonresidential and...
Thu, Mar 15 2018, 10:32 AM
Home builder confidence ebbed slightly in March, but according to the National Association of Home Builders, it remains in "strong territory." NAHB's ...
Tue, Mar 13 2018, 11:04 AM
New home sales are projected to have increased again in February. The Mortgage Bankers Association (MBA) said that based on its Builder Applications S...
Wed, Feb 28 2018, 10:15 AM
Pending home sales took a deep dive in January, falling to their lowest level in over three years . The National Association of Realtors® (NAR) said i...
Wed, Feb 28 2018, 9:28 AM
A recent Freddie Mac Insights article looks back at earlier incidences of rising rate environments, and how the higher rates affected several populati...
Tue, Feb 27 2018, 10:25 AM
Like one of those one-a-decade astrological anomalies, issuance of three home price reports for December along with a quarterly summary coincided toda...
Mon, Feb 26 2018, 10:44 AM
New home sales fell again in January, although not quite as sharply as in December . Stalling sales in recent months has now dragged the annual rate b...
Mon, Feb 26 2018, 9:22 AM
It was nice while it lasted, but the long run of historically low mortgage rates is clearly coming to an end. This month Freddie Mac's Outlook looks b...
Wed, Feb 21 2018, 11:16 AM
Sales of existing homes fell again in January, the second consecutive month-over-month decline. Sales of pre-owned single-family homes, townhomes, con...
Fri, Feb 16 2018, 12:36 PM
Some people are never happy . For most of the ten years following the start of the Great Recession the experts have focused (can we say harped?) on th...
Wed, Feb 14 2018, 9:33 AM
The Mortgage Bankers Association (MBA) is forecasting a sizable jump in new home sales in January. Based on responses to its Builder Application Surve...
Tue, Feb 13 2018, 11:42 AM
While home price increases softened slightly in the fourth quarter of last year, the National Association of Realtors® (NAR) said, an uptick in existi...
Wed, Jan 31 2018, 10:49 AM
Pending home sales finished off the year in a more upbeat tune. Although the December gain in sales, reported on Wednesday by the National Association...
Thu, Jan 25 2018, 10:45 AM
After three solid months of new home sales, some give-back could only be expected ; exactly what happened in December. The Census Bureau and the Depar...
Wed, Jan 24 2018, 11:22 AM
Despite a poor showing in December , existing home sales in 2017 were the best levels in 11 years. The National Association of Realtors® (NAR) said th...
Wed, Jan 24 2018, 9:56 AM
The Federal Housing Finance Agency said its House Price Index (HPI) racked up a 0.4 percent gain in November and the 0.5 percent appreciation rate rep...
Tue, Jan 23 2018, 3:49 PM
Fannie Mae's Economic and Strategic Research Group (ESR) focused on the new Tax Cuts and Jobs Act, passed late last year, in its January Economic Deve...
Thu, Jan 11 2018, 10:17 AM
Despite the usual holiday lull in overall mortgage applications, the demand for newly constructed homes increased in December. The Mortgage Bankers As...
Tue, Jan 2 2018, 10:04 AM
The November home sales market appeared unwilling to acknowledge impending winter , the usual pre-holiday slowdown, or all the predictions of graduall...
Wed, Dec 27 2017, 5:26 PM
Mortgage lenders continue to see a negative profit outlook for the first quarter of the New Year, the fifth consecutive quarter they have done so. Thi...
Wed, Dec 27 2017, 10:19 AM
Pending home sales pulled off a second straight gain in November, but just barely . The National Association of Realtors® (NAR) said its Pending Home ...
Wed, Dec 27 2017, 9:13 AM
The National Association of Realtors publishes reports for both Pending and Existing Home Sales. The conventional wisdom is that Pending Sales tend t...
Fri, Dec 22 2017, 10:39 AM
New home sales pulled off another surprise in November. Sales had posted monthly gains of 6.2 percent and 14.2 percent in September and October, landi...
Thu, Dec 21 2017, 10:21 AM
The Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) for September slowed to its lowest level since January , 6.3 percent and the mon...
Wed, Dec 20 2017, 11:04 AM
Existing home sales pulled off a hat trick in November, and the third successive monthly increase was a substantial one. The National Association of R...
Tue, Dec 19 2017, 11:05 AM
The idea that it is a good time to buy a home appears to be losing ground . The National Association of Realtors'® (NAR's) new fourth quarter Housing ...
Mon, Dec 18 2017, 5:16 PM
Despite the disruptions from several hurricanes and an expected drag from trade in the fourth quarter, Fannie Mae says it expects 2017 to finish with ...
Mon, Dec 18 2017, 10:39 AM
Builder confidence shot up in December, reaching the highest level the National Association of Home Builders (NAHB) has recorded in 18 years . NAHB sa...
Tue, Dec 12 2017, 10:59 AM
The Mortgage Bankers Association (MBA) projects a decrease in new home sales in November compared to the previous month, but still sees those sales ru...
