The Oldest and Most Trusted Real Estate News Magazine

Author Archive

AIA: “Billings Moderate in February Following Robust New Year”

By
AIA: “Billings Moderate in February Following Robust New Year”

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Billings Moderate in February Following Robust New Year rchitecture firm billings growth softened in February but remained positive, according to a new report today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI)...
Read more »

Tags: , , , , ,
Posted in Mortgage Brokers | No Comments »

Sunday Night Futures

By
Sunday Night Futures

Weekend:• Schedule for Week of March 17, 2019 • FOMC Preview Monday:• 10:00 AM, The March NAHB homebuilder survey. The consensus is for a reading of  63, up from 62.  Any number above 50 indicates that more builders view sales conditions as good than poor. From CNBC: Pre-Market Data and Bloomberg futures: S&P 500...
Read more »

Tags: , ,
Posted in Mortgage Brokers | No Comments »

LA area Port Traffic Down Year-over-year in February

By
LA area Port Traffic Down Year-over-year in February

Container traffic gives us an idea about the volume of goods being exported and imported – and usually some hints about the trade report since LA area ports handle about 40% of the nation’s container port traffic. The following graphs are for inbound and outbound traffic at the ports of Los Angeles and Long...
Read more »

Tags: , , , ,
Posted in Mortgage Brokers | No Comments »

Thursday: New Home Sales, Unemployment Claims

By
Thursday: New Home Sales, Unemployment Claims

Note: Still catching up on New Home sales following the government shutdown. The report released tomorrow will be for January. The February new home sales report is scheduled for March 29th. The March report will be released on the normal schedule. Thursday:• At 8:30 AM, The initial weekly unemployment claims report will be released....
Read more »

Tags: , , , ,
Posted in Mortgage Brokers | No Comments »

Tuesday: CPI

By
Tuesday: CPI

From Matthew Graham at Mortgage News Daily: Mortgage Rates Start Week Near Long-Term Lows Mortgage rates were roughly unchanged to begin the week. That means they are staying in line with the lowest levels in more than a year. Only 2 or 3 days have been any better, depending on the lender, and the...
Read more »

Tags:
Posted in Mortgage Brokers | No Comments »

Schedule for Week of March 10, 2019

By
Schedule for Week of March 10, 2019

The key reports this week are January New Home Sales, February CPI and January retail sales. For manufacturing, the February Industrial Production report and the March NY Fed manufacturing survey will be released. —– Monday, Mar 11th —–8:30 AM: Retail sales for January is scheduled to be released.  The consensus is for no change...
Read more »

Tags: , , ,
Posted in Mortgage Brokers | No Comments »

Friday: Employment Report, Housing Starts, Speech Fed Chair Powell

By
Friday: Employment Report, Housing Starts, Speech Fed Chair Powell

My February Employment Preview Goldman: February Payrolls Preview Friday:• At 8:30 AM ET, Employment Report for February.   The consensus is for 178,000 jobs added, and for the unemployment rate to decline to 3.9%. • At 8:30 AM, Housing Starts for January. The consensus is for 1.170 million SAAR, up from 1.078 million SAAR....
Read more »

Tags: , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Wednesday: ADP Employment, Trade Deficit, Beige Book

By
Wednesday: ADP Employment, Trade Deficit, Beige Book

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:15 AM, The ADP Employment Report for February. This report is for private payrolls only (no government). The consensus is for 180,000 payroll jobs added in February, down from 213,000 added in...
Read more »

Tags: , , , , ,
Posted in Mortgage Brokers | No Comments »

Hotels: Occupancy Rate Decreased Year-over-year

By
Hotels: Occupancy Rate Decreased Year-over-year

From HotelNewsNow.com: STR: US hotel results for week ending 23 February The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 17-23 February 2019, according to data from STR. In comparison with the week of 18-24 February 2018, the industry recorded the following: • Occupancy: -1.7%...
Read more »

Tags: , , , ,
Posted in Mortgage Brokers | No Comments »

Demographics: Renting vs. Owning

By
Demographics: Renting vs. Owning

Note; This is an update to a post I wrote in 2015. It was almost 9 years ago that we started discussing the turnaround for apartments. Then, in January 2011, I attended the NMHC Apartment Strategies Conference in Palm Springs, and the atmosphere was very positive. The drivers in 2011 were 1) very low...
Read more »

Tags: , ,
Posted in Mortgage Brokers | No Comments »

Sitemap Madbadcat Graphics