Category Archives: Housing

This Recovery Another ‘Roaring Twenties’?

Financial FAQs AtlantaFed.org I wonder if our recovery from the COVID-19 pandemic could repeat the ‘Roaring Twenties’ jazz era of F Scott Fitzgerald. Why not? There are some surprising similarities. The Roaring Twenties were named for the era that followed … Continue reading

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Existing-Home Sales Still in Decline

The Mortgage Corner I said last week that higher new home sales and rising homebuilders’ optimism foretell a strong summer sales season if builders and existing-home inventories don’t run out of housing stock. The problem is not enough existing homes … Continue reading

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Inflation is Now Tamed?

Popular Economics Weekly FREDcpi Has Chairman Jerome Powell’s Federal Reserve been suffering from a giant inferiority complex, from the fear that its actions are not being taken seriously enough and so it tends to overreact to crises? That seems to … Continue reading

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More Housing Sorely Needed

The Mortgage Corner I said last week that higher new home sales and rising homebuilders’ optimism foretells a strong summer sales season if builders and existing-home inventories don’t run out of housing stock. The construction industry is responding. Spending in … Continue reading

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More Housing Needed

The Mortgage Corner Higher new home sales and rising homebuilders’ optimism foretells a strong summer sales season if builders and existing-home inventories don’t run out of housing stock. More new homes could also soften what is being termed a rolling recession with … Continue reading

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New Home Sales Increasing

The Mortgage Corner Census.gov Sales of new single‐family houses in March 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. … Continue reading

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Homebuyers on the Move Early

The Mortgage Corner The home-buying season has begun earlier this year from a large rise in existing-home and new-home sales. It looks like families are already on the move, including retirees and seniors downsizing to more humble quarters. Calculated Risk … Continue reading

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Housing Market Recovery–Part II

The Mortgage Corner Calculate Risk Real estate continues its slight recovery with housing starts and new residential permits on the rise in February. Most of the action was in rental housing, as apartment construction is up 9.9 percent YoY in … Continue reading

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Housing Market Is Recovering

The Mortgage Corner Census.gov Real estate is the industry most affected by rising interest rates, so it’s encouraging to see that housing sales are showing signs of a revival. Both new-home and pending home sales jumped in January, even with … Continue reading

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Chapter Eleven – Building a Livable Community

Old Town’s Revival In revitalizing Goleta’s Old Town District, we realized our efforts might apply to a livable city as well.  As recently as 2005, the Institute of American Architects defined such a community as. . . “broadly speaking, a livable community … Continue reading

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