Tag Archives: household formation

Pending Sales, Housing Construction Are Healthy

Posted on October 19, 2015 by Popular Economics Weekly

The Mortgage Corner Most of the Federal Reserve Governors have announced they don’t support raising interest rates until sometime next, year, and only if worldwide economic growth picks up. Why? The US Dollar is so strong that it’s hurting exports, … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Case-Shiller Home Prices Up, Ownership Rate Lower

Posted on July 29, 2015 by Popular Economics Weekly

The Mortgage Corner Home prices have stabilized for a while, after the 2013 double-digit price surge brought on by the Fed’s various QE bond purchases and ultra-low interest rates. And homeownership rates are still dropping due mainly to affordability and … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Housing Construction Soars

Posted on June 17, 2015 by Popular Economics Weekly

The Mortgage Corner Housing construction is taking off, as I predicted two weeks ago. The numbers show actual construction starts accelerating as well as building permits for future construction. It is also boosting builder confidence to a level that signals … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , , | Leave a comment

2014 Household Formation Rebounds

Posted on March 16, 2015 by Popular Economics Weekly

Financial FAQs Breaking news. The latest Homeownership & Vacancy Survey, released by the Census Bureau, estimated household formation surged to 1.7 million in 2014 from 400,000 the previous year. That is really big news. Household formation, which is the bottom … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , , , | Leave a comment

Good Pending Sales, Home Prices in 2015

Posted on January 7, 2015 by Popular Economics Weekly

The Mortgage Corner Pending home sales are rising again. Sales picked up steam in November, to 104.8 from a revised 104.0 in October for a better-than-expected gain of 0.8 percent. It is a sign, along with the Case-Shiller Home Price … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , , | Leave a comment

What Will 2015 Bring?

Posted on December 31, 2014 by Popular Economics Weekly

Popular Economics Weekly We already have an idea of what will happen in 2015. Firstly, job creation should continue to exceed 300,000 payroll jobs per month. Nobelist Paul Krugman is especially optimistic about economic growth, given that we have escaped … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Pending and New-Home Sales Looking Up

Posted on October 28, 2014 by Popular Economics Weekly

The Mortgage Corner Sales of new single-family houses are barely budging from their recession lows. But pending home sales for September nudged up to the highest this year, which is a sign that record low interest rates are bringing buyers … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , | Leave a comment

More Jobs Available, Goldman Upgrades RE Forecast

Posted on October 8, 2014 by Popular Economics Weekly

Popular Economics Weekly Goldman Sachs economist David Mericle in his research report, “Housing: The Recovery Resumes” says that overall, the message from the broad housing data flow is that the housing market is still at the beginning of a new … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , | Leave a comment

Lower Household Debt, Housing, Now Boosting Growth

Posted on August 19, 2014 by Popular Economics Weekly

The Mortgage Corner In another sign that this could be a better growth year, builder confidence in the market for newly built, single-family homes rose two points to 55 on the National Association of Home Builders/Wells Fargo Housing Market Index … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Affordable Housing In Decline

Posted on December 11, 2013 by Popular Economics Weekly

The Mortgage Corner The Harvard Joint Center for Housing Studies has just come out with their rental market report, and it shows very little low rent housing available, due mainly to both increased household formation and those who have lost … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , , , | 3 Comments