Dodge Data and Analytics has released its latest data on construction starts, showcasing stats for the month of January 2018. Among the noteworthy data points: a spike-in single-family housing starts in the Northeast region, even as the rest of the ...
Read More »Foreclosure Starts Continue to Dwindle
Existing home sales declined slightly in January 2018, according to the LegalShield Law Index, a collection of five indices tracking multiple key economic indicators published monthly by LegalShield, an online membership-based provider of legal services. Meanwhile, LegalShield reports foreclosure starts ...
Read More »Refinances May Nosedive as Purchase Market Booms
With interest rates expected to tick upwards and construction activity on the upswing, 2018 looks to be shifting toward a strong purchase market, but potential lows for refi.
Read More »Building Not Keep Up With Inventory Needs
Permitting delays and material costs have also been reported by builders as a threat to more affordable housing.
Read More »Will Construction Activity Encourage Homeownership?
An increase in building permits could potentially spark interest among potential homebuyers.
Read More »Leading Economic Indicators Advance for Fourth Month in a Row
Despite recently seeing their strongest year in more than half a decade, housing starts are still running below their long-term average of about 1.5 million annually—and that situation isn't expected to normalize for at least another few years, if economists' forecasts are right.
Read More »Fed Reports Continued Growth In Final Beige Book of 2014
Federal Reserve officials released on Wednesday their final summary of economic conditions in 2014, ending the year on an upbeat note with reports of continued growth.
Read More »Report: Housing Market Not Completely Back, But Getting Closer
The National Association of Home Builders (NAHB) released its Q3 Leading Markets Index (LMI) report Thursday, and the verdict is: National housing recovery is getting there, slowly but surely.
Read More »Housing, Economy Stuck in Catch 22
Delinquency and foreclosure rates also were much improved. According to Trulia and Black Knight, the national delinquency and foreclosure rate was 74 percent back to normal in August—the same as one quarter ago and up from 56 percent one year ago. Trulia's chief economist, Jed Kolko, said that with the share of mortgage borrowers with negative or near-negative equity dropping, the default rate should continue to drop.
Read More »Federal Reserve: Housing Mirrors Modest Economy Growth
Growth was described as "modest" in the New York, Cleveland, Chicago, Minneapolis, Dallas, and San Francisco districts, while Philadelphia, Atlanta, St. Louis, and Kansas City reported “modest” growth. Looking ahead, contacts in about half of the districts "generally remained optimistic about future growth," while most of the other districts saw ongoing optimism in specific sectors.
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