Tag Archives: existing-home sales

Housing Beginning to Bloom

Posted on June 23, 2015 by Popular Economics Weekly

The Mortgage Corner Ultra-low interest rates are finally beginning to pay off.  The housing season is beginning to bloom—for first-time homebuyers, in particular. The National Association of Realtors reports total existing-home sales, which are completed transactions that include single-family homes, … Continue reading →

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Why Lower Growth, Higher Corporate Profits?

Posted on June 23, 2015 by Popular Economics Weekly

Popular Economics Weekly First-quarter economic growth wasn’t as bad as expected, yet corporate profits were much better than expected. So what are corporations doing with their profits, rather than investing in future growth? The second revision to first-quarter GDP came … Continue reading →

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Housing Construction Surge—Sign of Better Times?

Posted on May 21, 2015 by Popular Economics Weekly

The Mortgage Corner U.S. housing starts jumped to their highest level in nearly 7-1/2 years in April and permits soared, hopeful signs for an economy that is struggling to regain strong momentum after a dismal first quarter. And that is … Continue reading →

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Housing In Recovery-Pending Home Sales Soar

Posted on April 2, 2015 by Popular Economics Weekly

The Mortgage Corner February Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 3.1 percent to 106.9 in February from a slight downward revision of 103.7 in January and is now 12.0 percent above February 2014 (95.4). … Continue reading →

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Pending Home Sales, Consumer Confidence Looking Better

Posted on March 2, 2015 by Popular Economics Weekly

The Mortgage Corner Oh, the winter is freezing consumers, as I’ve said! It affected January existing-home sales, but the NAR’s January Pending Home Sales index rose sharply 1.7 percent. So pending sales of contracts signed may give a boost to … Continue reading →

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January Existing Home Sales, Mortgage Applications Dip

Posted on February 26, 2015 by Popular Economics Weekly

The Mortgage Corner Oh, the winter freeze! It seems to put the housing market into a deep freeze, as well. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 4.9 percent to a seasonally adjusted … Continue reading →

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Housing Sales-Construction Continue to Expand

Posted on January 26, 2015 by Popular Economics Weekly

The Mortgage Corner The NAR reports total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 2.4 percent to a seasonally adjusted annual rate of 5.04 million in December from a downwardly-revised 4.92 million … Continue reading →

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Housing Picks Up, Builder Confidence Highest in 7 Years

Posted on November 20, 2014 by Popular Economics Weekly

The Mortgage Corner Builders are most optimistic about single family homes, and the youngest adults are finally beginning to leave their parents’ nest, apparently. The National Association of Home Builders/Wells Fargo gauge rose four points to 58 in November, near … Continue reading →

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Existing-Home Sales Highest in Year

Posted on October 21, 2014 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtors reports total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 2.4 percent to a seasonally adjusted annual rate of 5.17 million in September from 5.05 … Continue reading →

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Existing-Home Sales and Interest Rates

Posted on September 22, 2014 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtors reported after four consecutive months of gains, existing-home sales slipped in August, as all-cash paying investors retreated from the market. Sales increases in the Northeast and Midwest were outweighed by declines in … Continue reading →

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