Tag Archives: Consumer Sentiment

Is Housing Recovering as Much as Everyone Thinks?

The news is finally good: Consumer sentiment in housing is at the highest level since the recovery began.  Realtors say not only are buyers coming back, but much-needed sellers are too. Inventories of distressed properties are shrinking, and mortgage rates … Continue reading

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How Does the Fed Help My House, My Mortgage?

For those of you who expected to wake up to a 30-year fixed rate mortgage below 3 percent, you may as well go back to sleep. Yes, rates moved down, 0.125 percent, according to several sources, but that was not … Continue reading

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Home Sales Disappoint Twice

Sales of newly built homes fell hard in June, despite newfound optimism in the housing recovery, especially among the home builders themselves. Signed contracts to buy new homes fell 8.4 percent from the previous month, according to the U.S. Commerce … Continue reading

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Homebuilders Most Confident in More Than 5 Years

Homebuilders today are feeling more confident than they have in more than five years. Recent earnings reports from the big public builders have shown spikes in new orders for single family homes, and competition from foreclosures has eased as banks … Continue reading

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Jobs Report Signals More Trouble for Housing

weaker-than expected jobs report for May doesn’t bode well for the overall economy, but for housing it is far more foreboding. From construction, to local economies, even to age segments, the numbers are going in the wrong direction. “The May … Continue reading

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Homebuilders Say Market Positives Trump High Gas Prices

Sales of newly built homes are still stumbling along at historically low levels, but builders claim they are beginning to see the light at the end of a very long tunnel. Sales may not be surging back, but in some … Continue reading

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As Home Buying Returns, Do Apartments Face a Bubble?

A huge surge in rental demand and comparatively little apartment supply created a boom in multi-family construction in the last year, but with the single family housing market slowly beginning to show signs of life, the concern among banks and … Continue reading

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Beware of the Big Bad Home Sales Revisions

We already know the housing crash was bad, perhaps the worst in history; tomorrow we will learn that it’s worse than we thought. The National Association of Realtors, for a number of reasons I won’t get into because they’ve been … Continue reading

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Higher-End Housing Hits a Wall

Most of America won’t shed a tear for those who own higher-priced homes, especially given that the median home price in the nation has now fallen to just $174,000, but investors and homeowners alike should take note: Higher priced homes … Continue reading

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