Tag Archives: housing inventories

2014 Mortgage Volumes (and Delinquencies) Lower

Posted on March 4, 2014 by Popular Economics Weekly

The Mortgage Corner It looks like the housing market still has to play catch up in 2014. Both mortgage volume and existing-home sales have declined drastically. But new-home sales and housing construction have picked up, even with the Polar weather, … Continue reading →

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

January New-Home Sales Soar

Posted on February 26, 2014 by Popular Economics Weekly

Financial FAQs The Polar Vortexes haven’t stopped everything.  It looks like new-home sales are picking up in midwinter, a sign that existing-home inventories are too low. Sales of new single-family houses in January 2014 were at a seasonally adjusted annual … Continue reading →

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

Consumer Debts Returning to ‘Normal’

Posted on February 21, 2014 by Popular Economics Weekly

Popular Economics Weekly The NY Fed released their 2013 Q4 Household Debt and Credit Report. The report showed that total household debt is 9.1 percent below the Q3 2008 peak. Mortgage debt is down 13.4 percent from the peak, and … Continue reading →

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

Housing Inventories Continue Increase

Posted on February 11, 2014 by Popular Economics Weekly

The Mortgage Corner Calculated Risk and Housing Tracker report that existing-home for sale inventories have increased 4.7 percent in February. It is good news for those who worry that the lack of inventory will hold back existing-home sales this year. … Continue reading →

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

Pending Home Sales Show Weakness

Posted on January 31, 2014 by Popular Economics Weekly

The Mortgage Corner Where is a housing bubble? Some pundits have been saying that housing prices, up some 13 percent in a year, may have been rising too fast. This is mainly because too few homes on the market, and … Continue reading →

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

New-Home Sales In Seasonal Decline?

Posted on January 28, 2014 by Popular Economics Weekly

The Mortgage Corner Sales of newly built, single-family homes fell 7 percent to a seasonally adjusted annual rate of 414,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. … Continue reading →

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

2013 Home Sales Highest Since 2006

Posted on January 23, 2014 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtors (NAR) just reported that for all of 2013, there were 5.09 million sales, which is 9.1 percent higher than 2012. It was the strongest performance since 2006 when sales reached an unsustainably … Continue reading →

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

Housing Construction Continues Increase

Posted on January 20, 2014 by Popular Economics Weekly

The Mortgage Corner Residential investment and housing starts are usually the best leading indicator for economy, and they show continued growth.  This isn’t the only leading indicator, but it suggests the economy will continue to grow over the next couple … Continue reading →

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Housing Inventories, Price Rises Slowing

Posted on January 7, 2014 by Popular Economics Weekly

The Mortgage Corner The most important housing statistic in 2014 will be whether inventories continue to increase. Low inventories are hurting sales, and Goleta, California is helping local supplies with several new housing projects in the works. This is because … Continue reading →

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

New-Home Sales Soaring

Posted on December 4, 2013 by Popular Economics Weekly

The Mortgage Corner There aren’t enough new homes being built, apparently, as new U.S. homes sold at an annual rate of 444,000 in October, up 25.4 percent from 354,000 in September, the U.S. Census Bureau said Wednesday. And the inventory … Continue reading →

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