Tag Archives: Markets & Economy

Homelessness edges up despite low unemployment rate

By Teke Wiggin | December 17, 2018 - 8:24 pm |December 17, 2018 Uncategorized

Comments Off on Homelessness edges up despite low unemployment rate

Homelessness increased slightly in 2018, as rising rents continued to limit access to affordable housing despite a low unemployment rate. Continue reading →

A realtor.com exec is building beautiful, affordable homes in a hot market

By Marian McPherson | December 17, 2018 - 4:10 pm |December 17, 2018 Uncategorized

Comments Off on A realtor.com exec is building beautiful, affordable homes in a hot market

Pressnall, who is vice president of industry relations for realtor.com, says the housing shortage from Seattle started to bleed into Tacoma, where home prices have risen 13.2 percent year-over-year. Continue reading →

Builder confidence hits lowest level in more than 3 years

By Patrick Kearns | December 17, 2018 - 3:16 pm |December 17, 2018 Uncategorized

Comments Off on Builder confidence hits lowest level in more than 3 years

Builder confidence amid affordability concerns dropped to its lowest level since the spring of 2015, according to the Wells Fargo Housing Market Index. Continue reading →

Housing market expected to stabilize in 2019: Fannie Mae

By Patrick Kearns | December 14, 2018 - 3:30 pm |December 14, 2018 Uncategorized

Comments Off on Housing market expected to stabilize in 2019: Fannie Mae

Economic growth is expected to slow in 2019 which means stabilizing home sales and mortgage rates in 2019, according to Fannie Mae’s economic and strategic research group.  Continue reading →

Why new-construction homebuyers have fewer model and floor plan options

By Lew Sichelman | December 14, 2018 - 8:28 am |December 14, 2018 Uncategorized

Comments Off on Why new-construction homebuyers have fewer model and floor plan options

Having fewer homebuilders, in a post-Great Recession world, has led to price volatility, smaller production numbers and fewer unsold units according to new research from Johns Hopkins. Continue reading →

Will Trump’s new housing finance director privatize Fannie and Freddie?

By Patrick Kearns | December 12, 2018 - 9:06 pm |December 12, 2018 Uncategorized

Comments Off on Will Trump’s new housing finance director privatize Fannie and Freddie?

The Trump administration is preparing to nominate Mark Calabria to head the Federal Housing Finance Agency, the agency tasked with overseeing Fannie Mae and Freddie Mac. Continue reading →

Mortgage demand hits new low

By Teke Wiggin | December 12, 2018 - 4:12 pm |December 12, 2018 Uncategorized

Comments Off on Mortgage demand hits new low

For purchase mortgages, across all loan types, the net share of lenders reporting demand growth over the previous three months clocked the lowest reading for any fourth quarter since the Fannie Mae survey’s inception in 2014. Continue reading →

More than 75% of all homes will sell below asking price in 2019

By Veronika Bondarenko | December 12, 2018 - 2:19 pm |December 12, 2018 Uncategorized

Comments Off on More than 75% of all homes will sell below asking price in 2019

More than three quarters of all homes on the market will sell below asking price, Knock, the home-resale company, projected in a national forecast. Continue reading →

US homeless population spikes dramatically under Zillow estimate

By Veronika Bondarenko | December 11, 2018 - 4:28 pm |December 11, 2018 Uncategorized

Comments Off on US homeless population spikes dramatically under Zillow estimate

The homeless population in America last year stood at 661,000 men and women, according to an analysis by Zillow released Tuesday. Continue reading →

Delinquency rates, down overall, soar in cities hit by fires, flooding

By Veronika Bondarenko | December 11, 2018 - 3:57 pm |December 11, 2018 Uncategorized

Comments Off on Delinquency rates, down overall, soar in cities hit by fires, flooding

In the face of historically low foreclosure rates the effects of climate change on homeownership has begun to take shape in cities now recovering from natural disasters. Continue reading →