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Posts Tagged ‘ increase ’

MBA: Mortgage Applications Increase in Latest Weekly Survey, HARP Refinance Share Increases

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MBA: Mortgage Applications Increase in Latest Weekly Survey, HARP Refinance Share Increases

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 5.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 20, 2013…. The Refinance Index increased 5 percent from the previous week. The seasonally adjusted Purchase...
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Zillow forecasts Case-Shiller House Price index to increase 8.0% Year-over-year for January

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Zillow forecasts Case-Shiller House Price index to increase 8.0% Year-over-year for January

The Case-Shiller house price indexes for January will be released Tuesday, March 26th. Zillow has started forecasting the Case-Shiller almost a month early – and I like to check the Zillow forecasts since they have been pretty close. Zillow Forecast: January Case-Shiller Composite-20 Will Be Up 8% Year-Over-Year e predict that next month’s Case-Shiller...
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Zillow forecasts Case-Shiller House Price index to show 1.6% Year-over-year increase for July

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Zillow forecasts Case-Shiller House Price index to show 1.6% Year-over-year increase for July

Note: The Case-Shiller report to be released next Tuesday is for July (really an average of prices in May, June and July). Zillow Forecast: July Case-Shiller Composite-20 Expected to Show 1.6% Increase from One Year Ago On Tuesday, Sept. 25, the Case-Shiller Composite Home Price Indices for July will be released. Zillow predicts that...
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New Home Sales increase in July to 372,000 Annual Rate

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New Home Sales increase in July to 372,000 Annual Rate

The Census Bureau reports New Home Sales in July were at a seasonally adjusted annual rate (SAAR) of 372 thousand. This was up from a revised 359 thousand SAAR in June (revised up from 350 thousand). Sales in May were revised down. The first graph shows New Home Sales vs. recessions since 1963. The...
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Housing: Short Sales increase, Foreclosure Sales down Year-over-year

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Housing: Short Sales increase, Foreclosure Sales down Year-over-year

CR Note: There are only a few areas where the MLS breaks down monthly sales by foreclosure, short sales and conventional (non-distressed) sale. I’ve been tracking the Sacramento market to watch for changes in the mix over time. (here was my post this morning: Distressed House Sales using Sacramento Data) Economist Tom Lawler sent...
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Federal Reserve dissenter sees Fed increase inflation tolerance

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Federal Reserve dissenter sees Fed increase inflation tolerance

August and September decisions by Federal Reserve policymakers show they are more inflation-tolerant now than they were a year ago, according to Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis. The Federal Open Market Committee in September said it would buy 0 billion of Treasury bonds in an effort to lower long-term...
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DataQuick: SoCal Home sales increase slightly year-over-year in Sept

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DataQuick: SoCal Home sales increase slightly year-over-year in Sept

Existing home sales for September will be released on Thursday Oct 20th. From DataQuick: Southland Home Sales Up – Barely – from Year Ago, Median Price Dips Again A total of 18,149 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in September. That...
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Early Read: 2012 Social Security Cost-Of-Living Adjustment on track for 3%+ increase

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Early Read: 2012 Social Security Cost-Of-Living Adjustment on track for 3%+ increase

The BLS reported this morning: “The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 4.1 percent over the last 12 months to an index level of 222.686 (1982-84=100).” CPI-W is the index that is used to calculate the Cost-Of-Living Adjustments (COLA). Here is an explanation … The calculation dates have...
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MBA: Mortgage Refinance Applications Increase Significantly

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MBA: Mortgage Refinance Applications Increase Significantly

The MBA reports: Mortgage Applications Increase Significantly, Driven by Surge in Refinance Activity The Refinance Index increased 30.4 percent from the previous week. The seasonally adjusted Purchase Index decreased 0.9 percent from one week earlier. … “Amid substantial market turmoil last week, mortgage rates dropped to their lowest levels of the year, and refinance...
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Housing: Increase in Cash Buyers

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Housing: Increase in Cash Buyers

From Mitra Kalita at the WSJ: Cash Buyers Lift Housing Cash buyers represented more than half of all transactions in the Miami-Fort Lauderdale area last year … In the fourth quarter of 2006, they represented just 13% of deals. … The percentage of buyers in Phoenix paying cash hit 42% in 2010—more than triple...
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