Category Archives: Housing

The Housing Recovery–Part II

Posted on January 30, 2025 by Popular Economics Weekly

The Mortgage Corner Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the strongest pace since February 2024 (4.38 million). FREDexistinghomesales The huge jump in existing-home sales on still very high mortgage rates illustrates … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News | Tagged Economy, GDP growth, housing affordability, housing construction, housing market, inflation, interest rates, mortgage rates, real-estate, realtor | Leave a comment

Will Housing Recover?

Posted on December 24, 2024 by Popular Economics Weekly

The Mortgage Corner Total existing-home sales[1] – completed transactions that include single-family homes, townhomes, condominiums and co-ops – improved 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. Year-over-year, sales bounced 6.1% (up from 3.91 … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged Donald Trump, Economy, Federal Reserve, housing construction, housing market, inflation rate, interest rates, mortgage rates, real-estate, realtor | Leave a comment

Bidenomics Cause of Recovery

Posted on December 20, 2024 by Popular Economics Weekly

Financial FAQs “Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the third quarter of 2024, according to the “third” estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged consumer spending, economics, Economy, Federal Reserve, finance, GDP, GDP growth, inflation, interest rates | Leave a comment

Will Job Market Recover?

Posted on December 5, 2024 by Popular Economics Weekly

The Mortgage Corner The number of job openings was little changed at 7.7 million on the last business day of October, the U.S. Bureau of Labor Statistics reported today. Over the month, hires changed little at 5.3 million. The number … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News | Tagged economics, Economy, Federal Reserve, finance, inflation | 1 Comment

Why the Inflation Problem?

Posted on November 23, 2024 by Popular Economics Weekly

Financial FAQs Most of us remember when a gallon of gas was less the $2, or a quart of milk less than $1, or housing was last affordable in the 1970s. I remember the inflation surges in housing. What happened? … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, Politics | Tagged baby boomers, Donald Trump, economics, Economy, gilded age, Great Depression, inflation, inflation rate, interest rates, OPEC, Politics, President biden biden, republican party | Leave a comment

Housing Market In Recovery

Posted on October 16, 2024 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtor’s Chief Economist, Lawrence Yun, commented on the latest and possibly best unemployment report of 2024. We are at the beginning of the next housing recovery. It’s no secret why; interest rates are … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News | Tagged Economy, Federal Reserve, Great Recession, housing construction, inflation, interest rates, mortgage rates, real-estate, unemployment report | Leave a comment

Our Housing Problem

Posted on September 25, 2024 by Popular Economics Weekly

The Mortgage Corner We know we have a housing shortage, but not how to fix it. Politicos are finally beginning to take notice because of the damage that has been done—especially to working Americans who can no longer afford a … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News | Tagged Economy, Federal Reserve, Great Recession, Housing, housing construction, housing market, inflation, interest rates, investing, real-estate | Leave a comment

Inflation Still in Decline

Posted on September 12, 2024 by Popular Economics Weekly

Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics. Over the last 12 months, the all items … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, Politics, Weekly Financial News | Tagged consumer spending, CPI, Economy, Federal Reserve, GDP growth, housing construction, inflation, inflation rate, interest rates, investing, PPI | Leave a comment

Economy Has Landed–Part II

Posted on September 6, 2024 by Popular Economics Weekly

Popular Economics Weekly Fed Chairman Powell finally admitted the U.S. economy has made a soft landing at this year’s Jackson Hole Federal Reserve Conference. “The labor market is no longer overheated, and conditions are now less tight than those that … Continue reading →

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When Will Housing Recover–Part II

Posted on August 27, 2024 by Popular Economics Weekly

The Mortgage Corner Federal Reserve Chair Powell has said the Fed is about to cut interest rates, so I’ve been wondering if the housing industry can come out of its self-made recession? One good sign is that existing-home sales ticked up … Continue reading →

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