Market Studies

Trulia released the firm’s findings on how people would likely cope with having to spend less on their housing. More than anything, people downsize.

Encouraging economic statistics of late are pushing U.S. Housing toward more pronounced economic growth in 2015, according to the lates version of the “Chalk Line” released by Fitch Ratings on Tuesday.

While home prices continue to decelerate on an annual basis after reaching peak speed in February, price gains did pick up slightly from April to May, according to FNC's latest price index.

One of the pet reasons for explaining the lack of demand for houses among millennials is the presence of ever-escalating student loan debts. The thinking goes that college graduates are so mired in debt that they either cannot afford to buy or are too afraid to run up more debt, and so they stay living with their parents or find cheap places to rent.

Existing-home sales in June touched their highest level so far this year as the supply of available homes for sale continued to improve. The National Association of Realtors (NAR) reported a 2.6 percent month-over-month rise in existing-home sales last month to a seasonally adjusted annual rate of 5.04 million. May sales were revised slightly upward to a rate of 4.91 million.

SunTrust Banks, Inc. indicated healthy earnings moving in a positive direction Monday, reporting a net income of $387 million for Q2 2014. Earnings year to date are up 18 percent over this point last year.

According to the July 2014 U.S. Economic Housing Outlook released Monday by Freddie Mac; the economic results were mixed in the first half of the year as the housing industry slowed.

The old adage “everything’s bigger in Texas” really does ring true sometimes. The nation’s second most populous state leads the nation in job growth and is consistently ranked as the one of the best climates for business in the United States.

Minnesota is generally a very consistent performer in the economy when compared to the United States Economy as a whole. The peaks are never too high and the valleys are never too low. On Friday Wells Fargo released its July 2014 economic outlook reinforcing that the state economy is greatly improved but housing still lags behind.

A preliminary measure of consumer sentiment released Friday shows confidence in the economy has dropped to its lowest level in the last four months.