Tag Archives: new-home sales

Existing-Home Sales and Interest Rates

Posted on September 22, 2014 by Popular Economics Weekly

The Mortgage Corner The National Association of Realtors reported after four consecutive months of gains, existing-home sales slipped in August, as all-cash paying investors retreated from the market. Sales increases in the Northeast and Midwest were outweighed by declines in … Continue reading →

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Pending Sales Up, Mortgage Delinquencies Down

Posted on September 2, 2014 by Popular Economics Weekly

The Mortgage Corner U.S. home buyers signed more contracts to buy existing homes in July, rebounding from a drop in June. This is in line with declining delinquency and foreclosure rates that portend a healthy real estate market for the … 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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Home Price Strength To Boost Sales

Posted on April 29, 2014 by Popular Economics Weekly

The Mortgage Corner Data through February 2014, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, show that the annual rates of gain posted 13.1 (in 10-city index) and 12.9 percent (20-city index) in the twelve … Continue reading →

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What’s Happened to New-Home Sales?

Posted on March 25, 2014 by Popular Economics Weekly

The Financial FAQs Sales of new single-family houses in February 2014 were at a seasonally adjusted annual rate of 440,000, according to U.S. Census Bureau and the Department of Housing and Urban Development estimates. This is 3.3 percent below the … 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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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 →

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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 →

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Is Builder Optimism, New Home Construction Faltering?

Posted on November 19, 2013 by Popular Economics Weekly

The Mortgage Corner Will new-home construction falter, now that interest rates are rising and consumers remain unsettled over Washington’s political gridlock that prevents any legislation being passed that would aid economic growth? Builder confidence in the market for newly built, … Continue reading →

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Economic Growth Still Too Slow

Posted on August 14, 2013 by Popular Economics Weekly

Popular Economics Weekly Part of the debate over whether the Fed’s QE3 purchases of securities should end is based on economic growth.  I.e., why isn’t U.S. Gross Domestic Product growing faster than the average annual 2.2 percent rate? Actually, Q1 … Continue reading →

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