Tag Archives: housing construction

Real Estate In 2017—Good Time To Buy?

Posted on January 9, 2017 by Popular Economics Weekly

The Mortgage Corner Surging mortgage rates, dwindling inventory, and soaring home prices are taking a toll on Americans’ attitudes toward ownership, according to a home purchase sentiment survey released Monday. But that may be misleading, as mortgage rates have barely … Continue reading →

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Case-Shiller Home Prices At New Highs

Posted on December 29, 2016 by Popular Economics Weekly

Financial FAQs The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.6 percent annual gain in October, up from 5.4 percent last month. The 10-City Composite posted a 4.3 percent annual … Continue reading →

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Housing Construction, Sales Strong, Interest Rates Still Ultra-Low

Posted on December 21, 2016 by Popular Economics Weekly

The Mortgage Corner Housing starts are being hit by huge swings. November starts fell 18.7 percent in November to a much lower-than-expected 1.090 million annualized rate following an upward revised gain of 27.4 percent to 1.340 million in October, says … Continue reading →

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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 →

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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 →

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Housing Construction Slows

Posted on October 19, 2016 by Popular Economics Weekly

The Mortgage Corner Single-family housing construction rose in September. Though overall starts plunged what looks like a shocking 9.0 percent in September, to a 1.047 million annualized rate, said Econoday. The drop is tied entirely to the volatile multi-family component … Continue reading →

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A Recovery In Retail Sales?

Posted on October 18, 2016 by Popular Economics Weekly

Financial FAQs September retail sales rose: total up 0.6 percent, ex-auto up 0.5 percent, ex-auto ex-gas up 0.3 percent, which indicates a good holiday season for retail. But this is bucking the downward trend that has sales sinking to the … Continue reading →

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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 →

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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 →

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A Record Year For Mortgages?

Posted on July 19, 2016 by Popular Economics Weekly

The Mortgage Corner First quarter mortgage numbers are in, and we could be having a very good year for mortgage originations, says Equifax, among others. According to Equifax’s report, the total dollar amount of first-mortgage originations during the first quarter … Continue reading →

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