The Oldest and Most Trusted Real Estate News Magazine

Posts Tagged ‘ July ’

BLS: State unemployment rates little changed in July

By
BLS: State unemployment rates little changed in July

From the BLS: Regional and State Employment and Unemployment Summary Regional and state unemployment rates were generally little changed in July. Thirty states had unemployment rate increases from June, 8 states had decreases, and 12 states and the District of Columbia had no change, the U.S. Bureau of Labor Statistics reported today. Forty-nine states...
Read more »

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

U.S. Light Vehicle Sales decline to 16.4 million annual rate in July

By
U.S. Light Vehicle Sales decline to 16.4 million annual rate in July

Based on an WardsAuto estimate, light vehicle sales were at a 16.4 million SAAR in July. That is up 5% from July 2013, and down 2.5% from the 16.9 million annual sales rate last month. This was below the consensus forecast of 16.7 million SAAR (seasonally adjusted annual rate). Click on graph for larger image....
Read more »

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

Schedule for Week of July 27th

By
Schedule for Week of July 27th

This will be a busy week for economic data with several key reports including the July employment report on Friday and the advance Q2 GDP report on Wednesday. Other key reports include the ISM manufacturing index on Friday, July vehicle sales, also on Friday, and the May Case-Shiller house price index on Tuesday. There...
Read more »

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

Kansas City Fed: Regional Manufacturing “Activity Edged Higher” in July

By
Kansas City Fed: Regional Manufacturing “Activity Edged Higher” in July

From the Kansas City Fed: Growth in Tenth District Manufacturing Activity Edged Higher The Federal Reserve Bank of Kansas City released the July Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that growth in Tenth District manufacturing activity edged higher,...
Read more »

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

Schedule for Week of July 20th

By
Schedule for Week of July 20th

The key reports this week are New and Existing home sales for June. For manufacturing, the July Richmond and Kansas City Fed surveys will be released. For prices, CPI will be released on Tuesday. —– Monday, July 21st —–8:30 AM ET: Chicago Fed National Activity Index for June. This is a composite index of...
Read more »

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

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 a lag (the most recent data released was for May).  However...
Read more »

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

Lawler: Early Look at Existing Home Sales in July

By
Lawler: Early Look at Existing Home Sales in July

From housing economist Tom Lawler: Based on local realtor association/board/MLS reports I have seen across the country, I estimate that existing home sales as measured by the National Association of Realtors ran at a seasonally adjusted annual rate of 5.33 million in July, up 4.9% from June’s disappointing pace. Local data indicate that existing...
Read more »

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

DataQuick: SoCal Home Sales “Jump” in July, Fewest Foreclosures since 2007

By
DataQuick: SoCal Home Sales “Jump” in July, Fewest Foreclosures since 2007

CR Note: So far the regional data suggests a strong increase for existing home sales in July. If so, my guess is there was a rush to close while buyers had mortgage rates locked in – and sales will decline in August. From DataQuick: Southland Home Sales Jump in July Southern California home sales surged in...
Read more »

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

NMHC Survey: Apartment Market Conditions Tighten slightly in July

By
NMHC Survey: Apartment Market Conditions Tighten slightly in July

From the National Multi Housing Council (NMHC): Second Quarter Apartment Markets Mixed in Latest NMHC Survey While demand for apartment homes remained strong, rising interest rates exerted negative pressure on the industry’s ability to secure debt financing according to the National Multi Housing Council’s (NMHC) July Quarterly Survey of Apartment Market Conditions. Only the...
Read more »

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

Weekly Update: Existing Home Inventory is up 18.4% year-to-date on July 22nd

By
Weekly Update: Existing Home Inventory is up 18.4% year-to-date on July 22nd

Weekly Update: One of key questions for 2013 is Will Housing inventory bottom this year?. Since this is a very important question, I’m tracking inventory weekly in 2013.  There is a clear seasonal pattern for inventory, with the low point for inventory in late December or early January, and then peaking in mid-to-late summer. The Realtor...
Read more »

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

Sitemap Madbadcat Graphics