Broke image via Shutterstock. The one thing that's holding back a terrific economic expansion

The one thing that's holding back a terrific economic expansion

Long-term rates stabilized this week as events, puzzles, forces and conflicts scattered all over the world canceled each other. We focus on the yields of long-term debt (like bonds and mortgage-backed securities) because they are the result of real-t...
By Lou Barnes | Friday, July 25, 2014
Dream homes image via Shutterstock. Housing market projected to regain some lost momentum

Housing market projected to regain some lost momentum

Having weathered a soft patch that lasted through the fall, winter and early spring, housing markets are showing signs of a rebound that should continue for the rest of the year, according to the latest forecast by economists at Fannie ......
By Teke Wiggin | Thursday, July 24, 2014
Seven signs your neighborhood is an 7 signs a neighborhood will be the next hot spot

7 signs a neighborhood will be the next hot spot

Real estate is an industry that’s all about your hyperlocal expertise. As an agent, you specialize in specific ZIP codes, home types, client types -- you name it. This industry is as much about niche specialties as it gets ......
By Trulia Pro Blog | Wednesday, July 23, 2014
New-home sales image via Shutterstock. Pace of existing-home sales picks up from May to June

Pace of existing-home sales picks up from May to June

Sales of existing homes and total housing inventory climbed in June as the housing market continued to trek towards a healthier state, the National Association of Realtors reported today. Existing-home sales rose 2.6 percent from May to June to a se...
By Teke Wiggin | Tuesday, July 22, 2014
Into the unknown image via Shutterstock. The week's horrors were just a sideshow for financial markets

The week's horrors were just a sideshow for financial markets

Long-term rates have again touched the lows of the year. To make sense of that news and a great deal else going by this week, step back — especially from the awful sights on your screens.   Way back. We ......
By Lou Barnes | Friday, July 18, 2014
Screen shot from "The Most Incredible Real Estate Stats of 2014" slideshow. The real estate stats you can't afford to miss

The real estate stats you can't afford to miss

Market data comes from all over, with seemingly countless entities and organizations compiling the latest on mortgage rates, housing starts, home sales and jobs figures. This is both a positive and negative for industry professionals. ......
By Seth Price | Wednesday, July 16, 2014
New-home construction image via Shutterstock. MBA reports new-home sales kept climbing in June

MBA reports new-home sales kept climbing in June

Sales of new single-family homes climbed slightly from May to June as the spring buying season came to a close, but were still below last year’s level, according to an estimate by the Mortgage Bankers Association based on purchase mortgage app...
By Teke Wiggin | Thursday, July 10, 2014
Bubble image via Shutterstock. More than half of North American mortgage bankers worry housing bubble is forming

More than half of North American mortgage bankers worry housing bubble is forming

A majority of North American mortgage bankers fear another real estate bubble is forming, according to a recent survey conducted for FICO, a predictive analytics software company. The survey found that 56 percent of a pool of American and Canadian r...
By Teke Wiggin | Tuesday, July 8, 2014
Living with mom and dad image via Shutterstock. Millennials will soon be a force to be reckoned with in housing markets

Millennials will soon be a force to be reckoned with in housing markets

The U.S. homeownership rate dropped for the ninth year in a row in 2013, thanks in no small part to the fact that millions of 20- and 30-somethings were still living with their parents, according to the latest “State of ......
By Paul Hagey | Monday, July 7, 2014
Home search image via Shutterstock. Revised realtor.com data paints less rosy inventory picture

Revised realtor.com data paints less rosy inventory picture

There may have been fewer homes on the market nationwide during this year’s spring buying season than last, according to revised figures from realtor.com that paint a much different picture of inventory trends than previously provided by the li...
By Teke Wiggin | Monday, July 7, 2014
Dreaming of homeownership image via Shutterstock. Fed won't hike rates until there's upward pressure on wages

Fed won't hike rates until there's upward pressure on wages

Long-term rates rose last week. In our perverse world, the cause was too much good news. online poll by Opinion Stage As always, rate-watching is a probability business, surprise the only constant. Odds have shifted from the May-June flirtation with ...
By Lou Barnes | Monday, July 7, 2014
freddie mac Rates on 30-year mortgages down from last year

Rates on 30-year mortgages down from last year

For the second straight week, homebuyers enjoyed rates on 30-year fixed-rate mortgages that were lower than they were at the same time last year, Freddie Mac reported. Rates on 30-year fixed-rate mortgages averaged 4.12 percent with an average point ...
By Teke Wiggin | Thursday, July 3, 2014
Growth in real estate image via Shutterstock. Pending home sales jump on growing inventory

Pending home sales jump on growing inventory

The number of homes that went under contract in May leaped from the previous month as lower mortgage rates and growing home inventory stimulated buyer activity, according to a report from the National Association of Realtors. Pending home sales ̵...
By Teke Wiggin | Monday, June 30, 2014
Disappointing paycheck image via Shutterstock. Why rising home prices are not a bad thing

Why rising home prices are not a bad thing

Long-term rates have fallen back near the lows of the year, despite Wall Street salespeople trying to frighten investors about inflation and Fed tightening. That extraction of funding from crowds is indefensible, but our situation is confusing. Examp...
By Lou Barnes | Friday, June 27, 2014
Vault image via Shutterstock. Rates on 30-year mortgages post first annual decline in more than a year

Rates on 30-year mortgages post first annual decline in more than a year

Weaker housing and economic news is offsetting the impacts of Fed tapering, keeping a lid on mortgage rates even as the government gradually scales back its massive purchases of Treasurys and mortgage-backed securities that helped keep borrowing affo...
By Teke Wiggin | Thursday, June 26, 2014
Storm clouds image via Shutterstock. Fannie Mae: Housing 'remains a source of concern'

Fannie Mae: Housing 'remains a source of concern'

The pullback in housing demand the market experienced in the first quarter may be behind us, but home sales are still likely to fall this year for the first time in four years, according to a monthly economic outlook released today by economists ...
By Inman News | Tuesday, June 24, 2014
New-home sales image via Shutterstock. New-home sales spiked at tail of spring buying season

New-home sales spiked at tail of spring buying season

Sales of new single-family houses shot up at the tail of the spring buying season, shrinking the months’ supply of new homes on the market, data released today by the U.S. Census Bureau shows. New-home sales jumped 18.6 percent from ......
By Inman News | Tuesday, June 24, 2014
Home as investment image via Shutterstock. Home price gains cooled in April

Home price gains cooled in April

Home prices continued to rise in April, but at a slower annual pace than in March, according to the latest S&P/Case-Shiller Home Price Indices. The Case-Shiller 20-City Composite showed prices rising 1.1 percent from March to April, and 10.8 pe...
By Teke Wiggin | Tuesday, June 24, 2014