by sslifer | Oct 20, 2022 | Housing, NumberNomics Notes
November 18, 2022 Existing home sales fell 5.9% in October to 4,430 thousand after having declined 1.5% in September and 0.8% in August. In fact, this is the ninth consecutive decline in sales since reaching a peak in January at 6,490 thousand. Clearly home sales...
by sslifer | Aug 4, 2022 | Housing, NumberNomics Notes
August 4, 2022 Home ownership rose 0.4% in the second quarter to 65.8 after having declined 0.1% in the first quarter. Homeownership had been rising gradually for several years before the pandemic hit. It jumped 2.6% in the second quarter of 2020 to 67.9, but has...
by sslifer | Feb 3, 2021 | Housing, Interest Rates, NumberNomics Notes
February 3, 2021 Once the recession began in December 2007 the Fed tried to stimulate the economy and ultimately pushed the funds rate almost to 0%. It remained at that record low level until December 2015 .Right after the election in November 2016 mortgage rates...
by sslifer | Mar 6, 2020 | Housing, NumberNomics Notes
March 6, 2020 Real estate loans rose at a 4.1% annual rate in April. That apparent strength reflects strength in home sales earlier in the year. However the Consumer Financial Protection Agency reported that mortgage loan inquiries fell 27% in March so mortgage...
Follow Me