Category Archives: housing market

Consumer Confidence, Home Prices Soar For How Long?

Financial FAQs Conference Board Consumer confidence is at record highs, as growing numbers of consumers believe the roaring 2020’s recovery is here to stay. And it’s also sending home price increases to record highs. But this isn’t another housing bubble. … Continue reading

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Can We Fix the Housing Shortage?

The Mortgage Corner Calculated Risk Existing-home sales of single-family, condos and apartments were down slightly from their recent highs for a number of reasons. This is while demand for housing is skyrocketing with home prices up 20 percent year-over-year, but … Continue reading

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When the Return to Normal Activity?

Financial FAQs Calculated Risk When will most American workers return to work, and the U.S. economy return to normal activity? The Calculated Risk-FRED graph since 1992 tells us that retail sales have historically never varied substantially from a 5 percent … Continue reading

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How High Go Housing Prices?

The Mortgage Corner Calculatedriskblog How high can housing prices go? They rose in double digits annually in the early 2000s during the housing bubble. But that was when the housing supply could not keep up with the demand for housing, … Continue reading

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January Home Sales Exceed Expectations

The Mortgage Corner Calculated Risk The Calculated Risk/FRED graph shows that new-home sales are approaching the 2000 level at the start of the last housing bubble that ultimately resulted in the Great Recession (blue bars are recessions). But that doesn’t … Continue reading

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Housing Construction Soars

The Mortgage Corner Calculated Risk As much housing is being built today as in 2006 at the height of the housing bubble. What is going on? People want to move away from cities, where fear of COVID-19 contagion is highest, … Continue reading

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Most Home Sales Since Housing Bubble!

The Mortgage Corner Calculated Risk How can there be a record number of homeless and a booming housing market? It’s almost unbelievable that one sector of our economy is growing like in the good old days of the early 2000s … Continue reading

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The Housing Boom Continues

The Mortgage Corner Calculated Risk Total existing-home sales, https://www.nar.realtor/existing-home-sales, including single-family homes, townhomes, condominiums and co-ops, rose 9.4 percent from August to a seasonally-adjusted annual rate of 6.54 million in September. The housing boom continues in the middle of the coronavirus … Continue reading

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Why the Housing Shortage?

The Mortgage Corner Calculated Risk Booming Realtors’ existing-home sales are showing there is a very severe housing shortage with record sales and a record low housing inventory. Calculated Risk says the for-sale inventory is was down 18.6 percent year-over-year (YoY) … Continue reading

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Where are the Jobs?

Popular Economics Weekly Calculated Risk The number of job openings increased to 6.6 million on the last business day of July, the U.S. Bureau of Labor Statistics reported last week, a good sign. Labor’s JOLTS report will be an important … Continue reading

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