by guestadmin | Oct 20, 2014 | Market Outlook
Last week’s economic highlights included the National Association of Home Builders (NAHB) Housing Market Index for October. The Commerce Department also released Housing Starts for September. Freddie Mac reported that the average rate for a 30-year fixed rate...
by guestadmin | Oct 17, 2014 | Market Outlook
The National Association of Home Builders (NAHB) reported that home builder sentiment lost its momentum in October and posted a seasonally adjusted reading of 54 in its Home Builder Market Index. This reading was five points lower than expected and also five points...
by guestadmin | Oct 14, 2014 | Market Outlook
Economic news was lean last week as the first week of the month tends to be calm in the aftermath of the rush of end-of-month reporting. Of note was CoreLogic’s report on housing markets, the release of the minutes from the most recent FOMC meeting and lower...
by guestadmin | Oct 6, 2014 | Market Outlook
Last week’s economic news included multiple reports on housing and the labor sector. The good news is that job markets appear to be stronger, with new jobless claims and the national unemployment rate lower. Unfortunately, housing continues to struggle in its...
by guestadmin | Oct 1, 2014 | Market Outlook
The stifling heat of July did not penetrate U.S. housing markets according to the S&P Case-Shiller 10-and 20 City Home Price Index reports. San Francisco’s sizzling home prices dropped in July and posted its lowest price gains since 2012. According to the...
by guestadmin | Sep 29, 2014 | Market Outlook
Last week’s economic news included several housing-related reports that provided mixed results with lower than expected sales of previously owned homes and higher than expected sales of new homes. The FHFA also released its House Price report for July, which...