NEWS & UPDATES

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Leading Housing Indicator Falls

The Mortgage Bankers Association for the 6/22 week reported that Purchase Applications for homes fell on a seasonally adjusted basis 6%...

Housing Good & Bad News

Just like the overall economy near-term indicators of the housing market appear to be very strong. Housing starts were reported this AM...

Mortgage Purchase Index Declines

For week ending 5/18, the Mortgage Bankers Association reported Mortgage Purchase Index declined for the second week in a row falling 2%...

Are We At A Real-Estate Peak?

Recently I attended a networking event where the top executives at various commercial real-estate firms attended. As one executive put...

MBA Housing Applications for 5/4 Week

The Mortgage Bankers Association reported Mortgage Applications for the week ending 5/4 for single family homes fell slightly at 0.2%...

Construction Spending Drops

In yet another sign of a slowing housing market nationwide, the Commerce Department reported Construction spending FELL 1.7% in March...

Wage Growth & Offsets in Housing

One of the more interesting things revealed this AM is that acceleration in Wage growth (see Chart courtesy of Bloomberg) in 1Q18. Both...

Existing Home Sales

The National Association of Realtors announced March existing home sales which beat beat Bloomberg expectations rising slightly instead...

Housing Update 4-18

Housing Starts for March was mixed in that we saw Multi-family units rebound sharply after a period of weakness vs Single family homes...

Mortgage Applications Confirm Weakness

MORTGAGE APPS CONFIRM WEAKNESS. The Mortgage Bankers Association for the 4/6 week reported that applications for mortgage to purchase...

Mortgage Applications Rise

The Mortgage Bankers Associations reported for the 3/23 week that applications for mortgages to purchase homes rose 3% after rising 1% in...

New Home Sales

Housing Data for February continues to show signs of stabilizing as long-term mortgage interest rates stabilize. According to the US...

Latest Housing Data Points

Existing Home Sales (National Association of Realtors) for February rebounded growing 3% vs last month vs a drop of 3.2% in prior period...

Housing Starts & Permits Fall

After seeing some interest rate relief in the past week, but still up considerably from last year still near 4 year highs Housing Starts...

Real Interest Rates

Most know interest rate remain low, but HOW low maybe not. Despite 5 0.25% interest rate increases from Federal Reserve, the real Fed...

Existing Home Sales Fall

The National Association of Realtors reported Existing Home Sales for January FELL 4.8% year over year (vs a rise of 1.1 last month) and...

Rising Rates

Treasury rates once again rose today to cycle highs...those in interest rate sensitive business sectors (ie real-estate/construction)...

Housing Demand vs Rates

X marks the spot where rates are now and the corresponding housing indices.  It clearly shows demand was 15-20% lower back in 2014 when...