Tag Archives: housing recovery

Almost 19K Lost Sales Because OF Tight Credit

Posted on October 13, 2014 by Cliff

Tight mortgage lending standards continue to drastically curtail new-home sales and are causing a growing number of deals to be lost, according to a survey by the National Association of Home Builders. “While housing has seen some positive growth throughout … Continue reading →

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Optimism With The Housing Market Improves

Posted on October 9, 2014 by Cliff

Consumers’ optimism with the housing market showed a slight rebound last month, with more people now saying it’s a good time to buy or sell a home, according to Fannie Mae’s September 2014 National Housing Survey, based on about 1,000 … Continue reading →

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Housing Economists Gaining Confidence About Job Market

Posted on September 2, 2014 by Cliff

The strengthening job market has more economists gaining confidence about the direction of the housing market over the next two years, according to a newly released Reuters poll of 29 housing analysts, including investors and economists. The economists surveyed expect … Continue reading →

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Low Mortgage Rates Not Good For Housing Recovery

Posted on July 15, 2014 by Cliff

Mortgage rates are near historic lows, which is great news for home owners and buyers. But the situation could prove to be a big thorn in the side of the recovery. More than one-third of homes with a mortgage have … Continue reading →

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Concern Over Weakening Home Sales and Housing Starts

Posted on May 13, 2014 by Cliff

Home sales and housing starts have weakened in recent months, at a time when many in the industry had expected a seasonal pick-up. Federal Reserve Chair Janet Yellen told Congress last week that the recent housing slowdown “could prove more … Continue reading →

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Jobs and Income Growth Key to Housing Recovery

Posted on February 24, 2014 by Cliff

Jobs and Income Growth Jobs and income growth are key “to turn in another gold-medal performance for the housing recovery” in 2014, says Frank Nothaft, Freddie Mac’s chief economist. “Rising home prices and interest rates along with little to no … Continue reading →

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A Full Housing Recovery Needs These 4 Points

Posted on January 21, 2014 by Cliff

A Full Housing Recovery Needs These 4 Points In order to have a housing recovery and economic recovery, economists point to the need for four positive indicators: 1. A healthy job market with low stable unemployment; 2. Mortgage delinquencies that … Continue reading →

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Optimism Drops About Housing Recovery

Posted on October 9, 2013 by Cliff

As the pubic sector expressed optimism about the housing recovery over the last few months, their attitudes took a turn for the worse in the run-up to the government shutdown, states Fannie Mae in its latest National Housing Survey. “Our … Continue reading →

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New Home Sales Expected To Strengthen In 2014

Posted on October 8, 2013 by Cliff

New Home Sales Have Risen to 700,000. During the height of the housing boom, the U.S. was producing 1.4 million additional new home sales each year. However, during the recession, that figure dropped to 500,000 per year. Today, the figure … Continue reading →

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