Tag Archives: NAHB

Pending and New-Home Sales Looking Up

Posted on October 28, 2014 by Popular Economics Weekly

The Mortgage Corner Sales of new single-family houses are barely budging from their recession lows. But pending home sales for September nudged up to the highest this year, which is a sign that record low interest rates are bringing buyers … Continue reading →

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Restricted Credit Will Impede Housing Recovery

Posted on July 24, 2014 by Popular Economics Weekly

Financial FAQs As if we need more evidence that the Consumer Protection Finance Bureau and government regulators have listened to the wrong people when drafting their Qualified Mortgage requirements (that lowers the maximum debt-to-income ratio to 43 percent for non-agency … Continue reading →

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Will Housing Starts Save Inventories?

Posted on March 18, 2014 by Popular Economics Weekly

The Mortgage Corner Will new housing construction improve the very low inventory levels that are restricting housing sales? It is hard to know at present if this slowdown is due more to the severe winter weather, lack of inventory, or … Continue reading →

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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 →

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Affordable Housing In Decline

Posted on December 11, 2013 by Popular Economics Weekly

The Mortgage Corner The Harvard Joint Center for Housing Studies has just come out with their rental market report, and it shows very little low rent housing available, due mainly to both increased household formation and those who have lost … 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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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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Existing-Home Sales Improve

Posted on September 22, 2012 by Popular Economics Weekly

Financial FAQs Home resales rose in August to their highest rate in more than two years and groundbreaking on new homes also climbed, signs that a budding housing market recovery is gaining traction. The National Association of Realtors said that … Continue reading →

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Fewer Foreclosures Boosting Housing Prices

Posted on September 11, 2012 by Popular Economics Weekly

The Mortgage Corner Calculated Risk just reported that Lender Processing Services (LPS) released their Mortgage Monitor report for July with some good news. According to LPS, 7.03 percent of mortgages were delinquent in July, down from 7.14 percent in June, … Continue reading →

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Housing Affordability at Record High

Posted on May 21, 2012 by Popular Economics Weekly

The Mortgage Corner Nationwide housing affordability hit a new record high for a second consecutive quarter in the first three months of this year, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI).  So much so, … Continue reading →

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