Tag Archives: housing starts

New-Home Construction, Builders’ Optimism Still Rising

The Mortgage Corner Home builders’ optimism is still high, though builder confidence in the market for newly built single-family homes fell one point in December to a level of 57 on the National Association of Home Builders/Wells Fargo Housing Market … Continue reading

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Yellen’s Fed is Full Speed Ahead

Financial FAQs Is it possible? The Federal Reserve is now more interested in creating wealth for the many, rather than fighting inflation for the wealthiest worrying about their bond prices, as it has in the past? This may seem counterintuitive, … Continue reading

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Lower Household Debt, Housing, Now Boosting Growth

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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Consumers Healthier with Lower Household Debt

Popular Economics Weekly Household debt continues to decline, which will free more disposable income for consumers, which should be a sign that consumer spending, the main driver of economic growth, will continue to grow. That has to be why Q2 … Continue reading

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New-Home Construction, Permits Soar

The Mortgage Corner Housing starts jumped in April and building permits hit their highest level in nearly six years, offering hope the weak housing market could be stabilizing, according to the US Census Bureau’s April report on housing starts.  This … Continue reading

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Pending Home Sales Show Weakness

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

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S. California RE Sales Return to 2006 Levels

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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Spring Housing Inventories Too Low

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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HARP 2.0 Leads Mortgage Refinance Higher

The Mortgage Corner There is growing optimism that the real estate bust is finally at an end. The cause is a combination of record low interest rates leading to more refinance activity and increasing confidence of consumers in the economic … Continue reading

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Where is the Housing Bottom?

The Mortgage Corner The housing bottom is really a function of incomes, jobs, and inventory of houses for sale. All three indicators are favorable for housing sales to pick up this year. But prices have to bottom first. The main … Continue reading

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