How many hikes can the Fed get in this year? The Fed estimate is two more. Mortgage rates rose on the news. Mortgage News Daily reports Mortgage Rates Higher Following Fed Forecasts.
The economic collapse of the United States is underway. yesterday I cited the Governmental Accounting Office (GAO) and their dire numbers. Today, we look at the housing numbers and there is virutally no difference between the housing numbers of today
•Home prices nationwide jumped 6.9 percent in April from a year ago, according to the latest monthly value report from CoreLogic.
Government is trying re-inflate the Housing Bubble. This article was written 3 months before I started my first Radio Talk Show here in Scottsdale Weekdays morning drive and 2 years before the beginnings of FreedomsPhoenix... but I feel the same vibe
Higher Rates Spark New, Existing, & Pending Home Sales Slump
– Yet Another Sign The Cycle Has Peaked
Thanks to a modest downward revision in February's print, March's Case-Shiller 20-City Composite Home Price Index rose at 6.79% YoY - the fastest price appreciation since June 2014.
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It's looking increasingly likely that housing has peaked this cycle. Year-over-year sales are down the second month,
L.A. Mayor Eric Garcetti has lent his support to an initiative that would rein in the 1995 Costa-Hawkins Rental Housing Act, which bans counties and cities from limiting rent increases on post-1995 apartments.
After a two-month rebound from January's plunge, new home sales disappointed in April, dropping 1.5% MoM to a SAAR of 662k (below the 680k expectation).
A report on home prices and housing wealth contains a set of interesting charts and observations.