The Oldest and Most Trusted Real Estate News Magazine
New!

Thursday: Unemployment Claims

By
Thursday: Unemployment Claims

Here is an updated housing and mortgage forecast from Goldman Sachs economist Hui Shan: Housing at half time: activity picks up while prices slow down There are clear signs of house price growth deceleration. Across various indices, year over year appreciation rate has declined from double digits to high single digits. … We update...
Read more »

Would You Move for $1 Million in New Wealth?

Would You Move for $1 Million in New Wealth?

America is a nation on the move.  The Census Bureau says 35.9 million of us picked-up and went somewhere else in 2013, almost 12% of the entire population. We move because of such things as jobs, climate, family and schools but there’s another reason...
Read more »

Weekly Update: Housing Tracker Existing Home Inventory up 13.6% YoY on July 7th

By
Weekly Update: Housing Tracker Existing Home Inventory up 13.6% YoY on July 7th

Here is another weekly update on housing inventory … There is a clear seasonal pattern for inventory, with the low point for inventory in late December or early January, and then usually peaking in mid-to-late summer. The Realtor (NAR) data is monthly and released with...
Read more »

Unofficial Problem Bank list declines to 465 Institutions

By
Unofficial Problem Bank list declines to 465 Institutions

This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for July 3, 2014. Changes and comments from surferdude808: Generally a quiet week for the Unofficial Problem Bank List with three removals but none...
Read more »

Trade Deficit decreased in May to $44.4 Billion

By
Trade Deficit decreased in May to $44.4 Billion

Catching up … the Department of Commerce reported this morning: otal May exports of 5.5 billion and imports of 9.8 billion resulted in a goods and services deficit of .4 billion, down from .0 billion in April, revised. May exports were .0 billion more than...
Read more »

The Slow Down in the House Price Indexes

By
The Slow Down in the House Price Indexes

We are finally seeing the slowdown in the year-over-year (YoY) housing price indexes that many of us have been expecting based on supply and demand.  With inventory increasing steadily – and by one measure now above 2012 levels for the same week – the...
Read more »

Schedule for Week of June 29th

By
Schedule for Week of June 29th

This will be a busy holiday week for economic data with several key reports including the June employment report on Thursday. Other key reports include the ISM manufacturing index on Tuesday, June vehicle sales on Tuesday, and the May Trade Deficit and June ISM...
Read more »

Zillow: Case-Shiller House Price Index expected to slow further year-over-year in May

By
Zillow: Case-Shiller House Price Index expected to slow further year-over-year in May

The Case-Shiller house price indexes for April were released Tuesday. Zillow has started forecasting Case-Shiller a month early – and I like to check the Zillow forecasts since they have been pretty close.   From Zillow: Case-Shiller Indices Will Continue to Show More Marked Slowdowns he Case-Shiller...
Read more »

MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey

By
MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 1.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 20, 2014. … The Refinance Index...
Read more »

Sitemap Madbadcat Graphics