Phoenix Real Estate in January: Sales up 3%, Inventory down 11% YoY
This is a key housing market to follow since Phoenix saw a large bubble / bust followed by strong investor buying.The Arizona Regional Multiple Listing...
Author : Calculated Risk
Schedule for Week of Feb 18, 2018
The key economic report this week is January existing home sales.----- Monday, Feb 12th -----All US markets are closed in observance of the Presidents' Day...
Oil Rigs “Continued gains in rig counts”
A few comments from Steven Kopits of Princeton Energy Advisors LLC on Feb 16, 2018:• Total US oil rigs saw another solid week, +7 to...
Lawler: Early Read on Existing Home Sales in January
From housing economist Tom Lawler:Based on publicly-available local realtor/MLS reports from across the country released through today, I project that existing home sales as estimated...
Quarterly Housing Starts by Intent, Q4 2017
In addition to housing starts for January, the Census Bureau also released the Q4 "Started and Completed by Purpose of Construction" report today.It is important...
Comments on January Housing Starts
Earlier: Housing Starts increased to 1.326 Million Annual Rate in January The housing starts report released this morning showed starts were up 9.7% in January...
Housing Starts increased to 1.326 Million Annual Rate in January
From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,326,000. This is 9.7...
Friday: Housing Starts
Friday:• At 8:30 AM ET, Housing Starts for January. The consensus is for 1.230 million SAAR, up from 1.192 million SAAR.• At 10:00 AM, University...
Fannie and Freddie: REO inventory declined in Q4, Down 30% Year-over-year
Fannie and Freddie reported results this week. Here is some information on Real Estate Owned (REOs).Freddie Mac reported the number of REO declined to 8,299...
Earlier: Philly and NY Fed Manufacturing Surveys Showed Growth in February
Earlier from the NY Fed: Empire State Manufacturing Survey Business activity continued to expand in New York State, according to firms responding to the February...