Interest Rates
Housing by Ryan Hinricher | April 11, 2011This week we cover the big drop in vacancy rates, lower home prices (yes, more bad news), interest rates, and mortgage application activity. Apartment Vacancy Rates Fall Vacancy rates fell in the multi-family sector. REIS reported that apartment vacancy dropped from 6.6% to 6.2% in the first quarter of 2011. This is the biggest drop [...]
Read the full article → Housing by Ryan Hinricher | April 4, 2011 
Home prices are the main subject in this week’s coverage of the housing market. Also I provide some commentary from Maria Bartiromo’s keynote at the Standard & Poor’s event here in New York. Housing near Official Double-Dip Standard and Poor’s reported its January Case-Shiller Home Price Index this week. The beginning of the year has [...]
Read the full article → Housing by Ryan Hinricher | March 28, 2011Housing got battered again last week. In this week’s article we discuss Existing Home Sales Report from the Realtors as well New Home Sales from the Census Bureau and our usual coverage of interest rates and mortgage applications. Existing Home Sales Disappoint The National Association of Realtors reported that existing home sales fell to a seasonally [...]
Read the full article → Housing by Ryan Hinricher | March 21, 2011This week’s stories in the housing market discuss the recovering home building industry, an improved interest rate picture, and peek at the 2010 Census vacancy housing numbers. Housing Starts Take Step Back Builders aren’t getting much relief lately. The Census Bureau reported housing starts fell 22.5% in February to a seasonally adjusted annual rate of [...]
Read the full article → Housing by Ryan Hinricher | March 14, 2011 
The theme this week is price declines. While not exciting for the macro-picture, it could be great news if you’re in acquisition mode. Also at the end of this week’s report you’ll find a startling statistic from the Federal Reserve. Enjoy! Clear Capital: Quarterly Declines Continue Provider of valuation services, Clear Capital, reported its Home [...]
Read the full article → Housing by Ryan Hinricher | March 7, 2011At least all declines aren’t bad. This week we cover declines in loan delinquency, interest rates, loan applications and pending home sales; enjoy. Serious Delinquency Rates Decline Following short term delinquency declines, both Freddie Mac and Fannie Mae reported declines of seriously delinquent loans. Let’s start with Fannie. Fannie Mae reported that loans seriously delinquent [...]
Read the full article → Housing by Ryan Hinricher | February 28, 2011Home prices are still declining. Does this mean you should wait before buying? Mortgage rates dipped but will it last? The National Association of Realtors reported on Existing Home Sales this week. Will home sales continue to outperform weak expectations? Case-Shiller: Home Price Go Lower Standard & Poor’s Case-Shiller Home Price Index was released [...]
Read the full article → Housing by Ryan Hinricher | February 21, 2011When will builder confidence rise? Are things still that bad for the home-builders? Interest rates have been highly actively over the last 90 days; where do they head from here? A new report from the Mortgage Bankers will cast doubt over those who don’t believe a housing recovery is in progress. Builder Confidence: Unchanged The [...]
Read the full article → Housing by Ryan Hinricher | February 14, 2011How long will price declines continue? Are interest rates going anywhere but up? We answer these questions and take a look at mortgage activity and foreclosure rates this week. CoreLogic: Price Declines Enter 5th Straight Month CoreLogic released its December Home Price Index, showing home prices declined 5.46% over December 2009. Excluding distressed sales, prices [...]
Read the full article → Housing by Ryan Hinricher | February 7, 2011Home-ownership seems out of vogue. Does that mean the American dream is dead? Also we’ll get an update on mortgage purchase applications, interest rates, and thoughts on home affordability. Home-ownership Declines: Renter Nation is Back The Census Bureau reported that home-ownership continues to decline. It’s estimated now that home-ownership has declined to 66.5%, down from [...]
Read the full article → Housing by Ryan Hinricher | January 24, 2011Are we seeing improvements in the housing market or is it just a dead-cat bounce? This week we discuss existing home sales, interest rates, housing starts, building permits, and builder confidence. Existing Home Sales: Month-Over-Month Improvement, Down on Year According to the National Association of Realtors, December existing home sales were up 12.3% over November [...]
Read the full article → Housing by Ryan Hinricher | January 17, 2011What happens when banks walk away from homes? Will 2011 break 2010′s record year for foreclosures? We’ll answer these questions and get an update on mortgage application activity, interest rates, and some final thoughts on the week. 2010: Record-Setting Year for Foreclosures RealtyTrac released its Year-End 2010 US Foreclosure Market Report. The numbers paint a [...]
Read the full article → Housing by Ryan Hinricher | January 10, 2011 
During the first full week of the new year, Reis reported on vacancy rates, we get an interest rate update from Freddie Mac, a 2011 forecast on home prices from RadarLogic, and lastly a study from the Housing Research Institute of America on declining cities. Apartment Vacancy Declines While vacant homes seem to stacking up [...]
Read the full article → Housing by Ryan Hinricher | December 27, 2010As 2010 winds down, we’ll take a look back at the year in interest rates, cover the improvements in existing and new home sales, and take a look forward at 2011. Let’s take a look at the week in housing: Existing Home Sale Show Improvement The National Association of Realtors reported a continued increase in [...]
Read the full article → Housing by Ryan Hinricher | December 20, 2010 
Following a strong week of economic indicators in housing, the most recent week showed a reversal of fortune. The week in housing includes: soaring interest rates, dipping home prices, and lower purchase activity. Home Prices Sluggish CoreLogic reported that home prices declined in October. This marks the 3rd consecutive decline posted using CoreLogic’s data. The [...]
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