January Case-Shiller Results and February Forecast: Lowest Gains Since 2015
The national housing market’s ongoing, slow march back to “normal” is continuing into the start of 2019 -- setting up a spring in which buyers will have more power than they have in years, although they still may need to work hard to find a favorable deal.
February Housing Starts: A Step Backward
Today’s lackluster release is likely due to poor weather conditions, which led to a decline in construction activity and jobs from the month prior.
February Existing Home Sales: Nothing But Net
With mortgage rates remaining low and inventory continuing to creep up, it’s likely that this newfound zeal will carry into the busy spring season, even as home values continue to grow.
Doves and Dives: Mortgage Rates Set to Fall Following Fed Statement
Markets had largely assumed that an immediate rate hike was unlikely, but the revelation that most of the committee sees no hikes as necessary for the remainder of 2019 was viewed by many analysts as dovish and indicative of the Fed’s growing sensitivity to a slowing global economy.
January New Home Sales: A Kick in the Gut
Today’s data are a bit of a kick to the gut after the market seemed to have built some momentum last month, but it shouldn't come as too much of a surprise given the state of the country in January.
Parliament Shrunkadelic: Mortgage Rates Skid on Rejected Brexit Deal
Brexit took center stage this week, and for a moment markets appeared hopeful that a compromise deal between Britain and the European Union could be met. However, Tuesday’s vote on a proposed agreement was rejected, and rates moved lower as a result.
Rates Ride Strong Data to Modest Gains Ahead of Jobs Report
Mortgage rates increased this week – for the first time in more than a month – rallying on strong economic data before stabilizing in recent days.
December New Home Sales: Better Days Ahead?
New home sales increased 3.7 percent in December from November, to 621,000 units (SAAR), according to the Census Bureau.
Most-Loved Neighborhoods Showcase the Nation’s Taste for Luxury, Leisure and Possibility
The Oaks, a luxury community in the L.A. area, was the nation’s most-loved neighborhood in 2018. But it’s not just swanky neighborhoods that get all the love.
