The Oldest and Most Trusted Real Estate News Magazine
New!

Lawler: Early Read on Existing Home Sales in August

By
Lawler: Early Read on Existing Home Sales in August

From housing economist Tom Lawler: Based on August realtor association/board/MLS reports released so far, I estimate that existing home sales as measured by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.12 million, down 0.6% from July’s pace and down 3.9% from last August’s seasonally adjusted pace. I also...
Read more »

Bloomberg Radio Guest Interview

Bloomberg Radio Guest Interview

Once again, I was honored to be invited back as a guest on the Investing Coast-2-Coast radio show with Pete Asmus and Ivan Oberon. These two guys broadcast a great daily radio show and have a ton of fun doing it.  It is a...
Read more »

FOMC Preview: More Tapering

By
FOMC Preview: More Tapering

The FOMC will meet on Tuesday and Wednesday. The FOMC statement will be released Wednesday at 2:00 PM ET.  Fed Chair Janet Yellen will hold a press conference at 2:30 PM. What will know for this meeting:• The FOMC will not raise rates. D’oh!...
Read more »

Preliminary September Consumer Sentiment increases to 84.6

By
Preliminary September Consumer Sentiment increases to 84.6

Click on graph for larger image. The preliminary Reuters / University of Michigan consumer sentiment index for September was at 84.6, up from 82.5 in August. This was above the consensus forecast of 83.1. Sentiment has generally been improving following the recession – with...
Read more »

MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey, Refinance Activity Lowest since 2008

By
MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey, Refinance Activity Lowest since 2008

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 7.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 5, 2014. This week’s results included...
Read more »

5 Reasons Real Estate Is (Once Again) a Prudent Investment

5 Reasons Real Estate Is (Once Again) a Prudent Investment

If you are someone who has given up on the dream of real estate investment, before even giving it a serious look, consider a few trends. Construction is on the rise, foreclosures and repossessions are decreasing.  The U.S. Census Bureau recently reported that new residential sales...
Read more »

Sunday Night Futures

By
Sunday Night Futures

From Ben Leubsdorf at the WSJ: Services-Spending Report Gains Wider Attention A quarterly reading from the Commerce Department has quietly emerged as one of the most consequential government reports, with the power to roil estimates for U.S. economic growth and the impact of the...
Read more »

Unofficial Problem Bank list declines to 437 Institutions

By
Unofficial Problem Bank list declines to 437 Institutions

This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for Sept 5, 2014. Changes and comments from surferdude808: The Federal Reserve terminating two actions were the only changes to the Unofficial Problem Bank...
Read more »

Thursday: ECB’s Draghi, ADP Employment, Unemployment Claims, Trade Deficit, ISM Non-Manufacturing

By
Thursday: ECB’s Draghi, ADP Employment, Unemployment Claims, Trade Deficit, ISM Non-Manufacturing

From the WSJ: Small Firms Poised to Spend More on Plants, Equipment Among 798 small private firms with less than million in revenue, for instance, 51% said in August that they planned to increase their capital outlays in the next 12 months. That is...
Read more »

Sitemap Madbadcat Graphics