Special Note on Government Opening: Now that the Government is open, some of the data releases that were postponed are starting to be released. The BEA and Census will provide further release dates soon (like for Q4 GDP). The key reports scheduled for this week are the trade deficit and January vehicle sales. —–...
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First, this report was for November (it was almost ready to release when the government shutdown began in December). The December report will probably be released soon, but no release date has been announced yet. Based on other data, I’d expect sales to be weak in December, but talking to builders, I expect a...
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Jersey City Real Estate Market Jersey City is the second biggest city in New Jersey. The city is home to almost 300,000 people. Unlike many other “Rust Belt” cities, Jersey City is still growing. Its population grew roughly 9.4% between 2010 and 2017. This is a continuation of the city’s rebound since its 1980...
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S&P/Case-Shiller released the monthly Home Price Indices for November (“October” is a 3 month average of September, October and November prices). This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index. Note: Case-Shiller reports Not Seasonally Adjusted (NSA), I use the SA...
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Special Note on Government Opening: Now that the Government is open, the data releases that were postponed will be released soon. The BEA and Census will probably provide an updated schedule early next week. Some releases on the weekly schedule below will probably be delayed (like Q4 GDP). The key reports scheduled for this...
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Probably the four most important data releases for tracking the economy are 1) the monthly employment report, 2) the quarterly GDP report, 3) the monthly housing starts report, and 4) the new home sales report.  Only the employment report is being released on time. The government shutdown is delaying 3 out of 4 of...
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From Matthew Graham at Mortgage News Daily: Mortgage Rates Dodging Some Risk For Now As it happened, bonds staged a somewhat impressive recovery with help from investor concern about global growth. Oftentimes, a big loss in equities markets can send money running to the bond market where it benefits interest rates. This was the...
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Introduction To Columbus Ohio Real Estate Market The Columbus Ohio real estate market remains hot for investors and buyers alike in 2019. The real estate statistics in Columbus show us that while the construction is increasing, inventory is still scarce because of demand in those cities. This is causing the price increase of Columbus...
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This is a key housing market to follow since Phoenix saw a large bubble / bust followed by strong investor buying. The Arizona Regional Multiple Listing Service (ARMLS) reports (“Stats Report”): 1) Overall sales declined to 6,403 from 7,070 in December 2017. Sales were down 1.7% from November, and down 9.4% from December 2017....
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