Tag Archives: housing construction

Housing Starts, Builder Confidence Improve

Posted on August 19, 2013 by Popular Economics Weekly

Popular Economics Weekly Housing made somewhat of a comeback in July and taking into account wet weather on the East coast should be taken as stronger than face value.  Housing starts in July rebounded 5.9 percent after falling 7.9 percent … Continue reading →

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Builder Confidence Soaring

Posted on July 16, 2013 by Popular Economics Weekly

The Mortgage Corner The National Association of Home Builders just announced that home builder confidence soared to the highest level since 2006, the height of the housing bubble.  This can only mean more new-home construction to fill the pent up … Continue reading →

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Housing Construction Key to Economic Recovery

Posted on June 18, 2013 by Popular Economics Weekly

The Mortgage Corner Any doubts that housing is leading the economic recovery should be dispelled by now. Existing-home sales are projected to top 5 million units per year, as the so-called shadow inventory of distressed homes continues to fall due … Continue reading →

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S. California RE Sales Return to 2006 Levels

Posted on May 16, 2013 by Popular Economics Weekly

The Mortgage Corner DataQuick just reported Southern California homes sold at the fastest pace for an April in seven years amid the release of pent-up demand for move-up homes and high levels of investor purchases. This is while April new-home … Continue reading →

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Housing Is Definitely Recovering

Posted on May 1, 2013 by Popular Economics Weekly

The Mortgage Corner In spite of warnings from such as Robert Shiller of Irrational Exuberance fame that housing values could remain stagnant over the next ten years, housing prices are making a comeback, which is boosting economic growth. Some of … Continue reading →

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Spring Housing Inventories Too Low

Posted on March 20, 2013 by Popular Economics Weekly

The Mortgage Corner The spring home buying season is already here, reports Realtor.com. In February, the total number of single-family homes, condos, townhomes and co-ops for sale in the U.S. (1,494,218) increased by 1.15 percent month-over-month. On an annual basis, … Continue reading →

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Existing-Homes Inventory at Record Lows

Posted on January 22, 2013 by Popular Economics Weekly

The Mortgage Corner The housing market is recovering with the highest sales and price rises since 2007. Only problem is that inventory is also at the lowest level since 2007, with just 4.4 month’s supply of housing on the market. … Continue reading →

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January Housing Inventory Declines 24 Percent

Posted on January 9, 2013 by Popular Economics Weekly

The Mortgage Corner The surest sign that property values will increase this year is the large decline in homes for sale. This is in part due to increasing sales, with existing-home sales up some 6 percent, year-over-year. But there is … Continue reading →

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Fourth Quarter Economic Growth Higher

Posted on December 5, 2012 by Popular Economics Weekly

Popular Economics Weekly We are seeing a boost in Q4 economic growth, in spite of “fiscal cliff” worries. Service sector growth has increased significantly, job formation is accelerating, and real estate is coming back to life, thanks mostly to more … Continue reading →

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High Pending Home Sales—A 2013 Housing Shortage?

Posted on November 29, 2012 by Popular Economics Weekly

The Mortgage Corner The huge jump is pending home sales could presage a sharp drop in inventory of homes for sale in 2013. Why? There are fewer foreclosures because of the declining shadow inventory of homes in default that have … Continue reading →

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