Tag Archives: housing permits

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 →

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2015 Housing Construction Will Surge

Posted on May 13, 2015 by Popular Economics Weekly

The Mortgage Corner We believe housing construction is about to bloom this spring, due to growing employment. For starters, an additional 45,000 construction jobs were added to nonfarm payrolls in April. This is even though construction spending to date has … Continue reading →

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Leading Indicators, Housing, Show More Growth Ahead

Posted on August 24, 2014 by Popular Economics Weekly

Financial FAQs It looks like the US economy is kicking into high gear from its winter slump, as the Conference Board’s just released July Index of Leading Indicators (LEI) jumped 0.9 percent, the highest it’s been this year. It is … Continue reading →

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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 →

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Will Housing Starts Pick Up?

Posted on June 19, 2014 by Popular Economics Weekly

The Mortgage Corner “An uptick in single-family permits was probably the most important feature of a May residential construction report that was otherwise somewhat softer than our forecast,” says the research firm, Wrightson ICAP. Total housing starts fell 6 percent … Continue reading →

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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 →

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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 Construction, Retail Sales Surge

Posted on October 18, 2012 by Popular Economics Weekly

The Mortgage Corner Another sign that the economy is finally recovering—new housing starts surged 15 percent, to their highest levels since 2008 and the beginning of the Great Recession. This is boosting construction employment in particular, but also finance, insurance … Continue reading →

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HARP 2.0 Loan Modifications Begin This Week

Posted on March 20, 2012 by Popular Economics Weekly

The Mortgage Corner The revamped HARP 2.0 loan modification program for Fannie Mae and Freddie Mac loans kicks off this week, which allows unlimited loan-to-values for existing 30 or 15-year fixed rate mortgages owned by Fannie and Freddie, and maximum … Continue reading →

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