Tag Archives: housing affordability

Home Sales Reach 10-year High

Posted on February 22, 2017 by Popular Economics Weekly

Financial FAQs Existing-home sales ran at a seasonally adjusted annual pace of 5.69 million, the National Association of Realtors said Wednesday. That was 3.3 percent above an upwardly-revised 5.51 million in December and 3.8 percent higher than a year ago. … Continue reading →

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

Mortgage Market Still Obstructs Lower Income Borrowers

Posted on February 20, 2017 by Popular Economics Weekly

The Mortgage Corner Earlier this month, researchers at the Urban Institute’s Housing Finance Policy Center published some of their research on lending standards. Drawing on data from the Home Mortgage Disclosure Act, they found that lower-credit applicants accounted for only … Continue reading →

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

Housing Construction Boosted By Low Rates

Posted on February 16, 2017 by Popular Economics Weekly

The Mortgage Corner Housing starts returned to trend, reports the National Association of Home Builders, dropping 2.6 percent to a seasonally adjusted annual rate of 1.246 million units, according to newly released data from the U.S. Department of Housing and … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , , | 1 Comment

Pending Home Sales—Case-Shiller Prices Higher

Posted on January 31, 2017 by Popular Economics Weekly

The Mortgage Corner Pending home sales picked up in December as solid increases in the South and West offset weakening activity in the Northeast and Midwest, according to the National Association of Realtors®. And the S&P Case-Shiller Home Price Index … Continue reading →

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

Housing Starts, Home Sales ‘Yuge’

Posted on November 22, 2016 by Popular Economics Weekly

The Mortgage Corner Housing starts surged 25.5 percent in October to a 1.323 million annualized rate. This is the best rate of the cycle since August 2007 with the monthly percentage gain the strongest since 1982, says Econoday. It and … Continue reading →

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

Housing Sales, Prices Continue Skyward

Posted on October 26, 2016 by Popular Economics Weekly

The Mortgage Corner The S&P Case Shiller Home Price Index continues to soar, with Seattle and Portland existing-home prices up double digits in a year, while Dallas and Denver are up some 8 percent annually. Case-Shiller’s national index is within … Continue reading →

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

Will Low Interest Rates Continue?

Posted on October 13, 2016 by Popular Economics Weekly

The Mortgage Corner This question is behind much of the stock and bond market gyrations. We are near full employment with a 5.0 percent unemployment rate, some 11 million jobs created since the end of the Great Recession, yet we … Continue reading →

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

When Will (Housing) Selling Season End?

Posted on September 26, 2016 by Popular Economics Weekly

The Mortgage Corner It’s already October and the housing market continues to boom—even after the kids are back in school, the usual end of the sales season. Sales of newly-constructed homes dropped 7.6 percent in August, though they beat forecasts. … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , | 1 Comment

Home Sales Soar

Posted on August 24, 2016 by Popular Economics Weekly

The Mortgage Corner It’s finally happened. Housing is now leading this 7-year recovery—finally. It’s taken a long time for those wanting to form new households to leave their parents, or school, or even pay down their education loans sufficiently to … Continue reading →

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

Much More Housing Needed

Posted on August 22, 2016 by Popular Economics Weekly

The Mortgage Corner There’s an exception to the current low inflation prognostications echoed in my column by the San Francisco Fed Prez John Williams. It’s in housing, which is struggling to meet the surging demand for both new homes and … Continue reading →

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